Nasdaq Calypso
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    FT Calypso Clearing
    FT Calypso Clearing

    Nasdaq Calypso Clearing

    Integrate your OTC and ETD clearing solutions and trade lifecycles for efficient operations and STP

    Many challenging market requirements impact clearing members and participants, from front to back to risk. These include supporting CCP and FCM connectivity, adapting to changing regulatory and client reporting, managing complex segregation models, and complying with new margin methodologies, clearing cross-margining, and netting and compression programs.

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    Firms require an integrated, consolidated clearing platform to:

    303 Configuration Management Tools

    • Adjust to the constantly changing clearing space

    • Proactively validate and reconcile data

    • Optimize costs, via automation, cloud-hosting, and utility-based business models

    An integrated OTC and ETD clearing solution

    We provide an integrated cross-asset over the counter (OTC) and exchange traded derivatives (ETD) clearing solution that includes trade connectivity, processing, collateral management and optimization, margin calculation and reconciliation. Nasdaq’s cloud-hosted integrated clearing solution, you can go beyond compliance to achieve market best-practice adoption, TCO reduction, and process optimization, extending to a fully-managed BPO via our utility partners.

    Nasdaq Calypso New Clearing

    Nasdaq Calypso Clearing Front Office Risk Infographic

    Nasdaq Calypso Clearing

    Benefits for You

    Consolidated and evolutive solution

    We integrate all clearing needs from trade connectivity to processing and EOD processing. Our solution speeds your time to market enabling you to initiate clearing business in new products and CCPs.

    Real-time headroom check and margining

    Our solution is compliant with the MiFID II 60-seconds rule including real-time headroom and initial margin (IM) limit checks. We estimate and replicate OTC and ETD margin methodologies for more than 50 exchanges/CCPs including SPAN2, PRISMA, IRM2, VaR- based margin, liquidity charges and margin buffers.

    Ease of operations and compliance

    Our STP approach covers your clearing operations from client onboarding to reporting. We provide out-of-the-box integrated regulatory reporting for continuous compliance with regulators and CCPs including CME, COMDER, CRCC, ICE, LCH, EUREX and HKEX.

    TCO reduction

    Whether deployed on-premises or cloud hosted, you can consider utilizing our BPO utility partners, an approach that can significantly reduce your clearing costs around CCP connectivity, collateral optimization, and client and regulatory reporting.

    Pre-set account structures

    We provide various account structures such as ISA, OSAS, NOSA, GOSA, and multi-branch so you can easily support your buy-side clients’ reporting requirements.

    Real-time reconciliation

    We integrate real-time reconciliation into our solution and provide a user-friendly dashboard for timely actioning, reporting and dispute-free settlement.

    8+
    CCPs

    15+
    FCM clients

    30+
    End Users

    10+
    Reconciliation Clients

    50+
    Margin Methodologies

    TCS is delighted to be an Certified Implementation Partner for Nasdaq Calypso & Nasdaq AxiomSL. We look forward to combining our deep domain knowledge of the capital markets and advisory-led approach with Nasdaq’s industry-leading capabilities and solutions to provide top-notch service to our clients.

    Mallikarjun Bhat, Head of Asset and Wealth Management Practice – Banking, Financial Services and Insurance, Tata Consultancy Services

    To be appointed as an Certified Implementation Partner for Nasdaq Calypso & Nasdaq AxiomSL is a testimony to our more than eight years of collaboration. This will spur our company to break new ground, implementing the Calypso Treasury solution beyond Africa.

    Emmanuel Eneh, Chief Executive Officer, SEAICO Technologies Ltd.

    Quinnox is thrilled to be an Certified Implementation Partner for Nasdaq Calypso & Nasdaq AxiomSL. Our long-standing collaboration focuses on delivering top-notch solutions for financial institutions, emphasizing value, and fostering sustainable growth. With almost two decades of partnership, we're eager to continue our journey of innovation and transformation with Nasdaq.

    Amit Nagar, President and Chief Revenue Officer, Quinnox Inc.

    To be an Certified Implementation Partner for Nasdaq Calypso & Nasdaq AxiomSL is to embody a commitment to exceptional expertise, unwavering dedication to client success, and a profound understanding of cutting-edge solutions. It's about providing seamless, tailored implementations that empower businesses to thrive in an ever-evolving digital landscape in the financial sector. It also signifies Exadel’s dedication to delivering excellence and equipping organizations with the full potential of Nasdaq's advanced solutions.

    Matt Midson, Head of Financial Services, Exadel

    We've been Nasdaq partners since 2012 and look forward to the next chapter of this journey. The recognition as a trusted Certified Implementation Partner program means a lot to us. We are committed to delivering to the highest standards for Nasdaq Calypso and AxiomSL product lines.

    Szakály Dániel, Director, Capital Markets Solutions, Capsys Informatikai Kft.

    It was an informative and compact training program. Ram covered all the areas of the course brilliantly. Also had the opportunity to discuss queries on the go, those were answered promptly. All the topics were just great, I found it all right. I am sure the practice sessions in training would help the team put them to use in future projects.

    Akhilesh S., LSEG (London Stock Exchange Group)

    Explore how the modular Nasdaq Calypso capital markets and treasury platform serves the financial ecosystem.

    Nasdaq Calypso

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    Interested in Nasdaq Calypso Clearing solution? Complete this form to get in touch with our team. Let's start a conversation.

    Resource Library

    Additional Information

    Nasdaq Financial Technology Brochure

    Nasdaq Calypso Clearing Solution

    Discover how fast-evolving market and regulatory requirements have been impacting the clearing space, resulting in new and expanding clearing opportunities.

    Nasdaq Financial Technology Brochure

    Nasdaq CCP Clearing and Collateral Solutions

    As regulatory reforms and market structure changes transform collateral management needs globally, Nasdaq’s Clearing and Collateral solutions provide a strategic platform for CCPs to enhance services, realize collateral efficiencies, and capture business opportunities in the new collateral management paradigm.

    FT_Case_Study_Resource_Asset

    The LBBW Simplification Journey

    Read about how a large German bank leveraged the Nasdaq Calypso front-to-back platform to streamline operations, reduce costs, comply with regulations, and innovate in new market segments.

    Explore More Resources ->