Core Trading and Settlement Services

Calypso Trading and Risk Management Capabilities

Within its Core Trading and Settlement Services offering, Accenture helps capital markets
firms transform their front, middle, and back-office operations and risk management
departments into trading and settlement architectures to properly and efficiently
address the increasing complexity and risk exposure resulting from cross-asset class
and derivatives trading.
Accenture maintains close relationships with leading trading platform
vendors and has developed many
custom solution accelerators,
such as frameworks and tools,
around these vendors products.
Those relationships and solution
accelerators are essential elements
of our Core Trading and Settlement
Services offering.
Accenture and Calypso
Calypso is a global application
software provider that delivers
an integrated suite of trading
applications to the capital markets
industry. Over 90 top tier customers
use the Calypso Trading and
Risk Management Platform.
Accenture is a global implementation partner for Calypso Technology,
Inc., with more than five years
of extensive experience with
the Calypso Trading and Risk
Management Platform. Accenture
has a large pool of resources around
the globe with Calypso expertise.

In 2006, Accenture and Calypso

Technology signed a formal alliance
agreement which provides Accenture
benefits such as training material,
access to product expertise and a
product license for the purpose of
client demonstrations, prototyping
and development.
Relevant Accenture Calypso
Experience
Scope of Services
Accenture provides consulting, system
integration and outsourcing services
around Calypso. Consulting services
include strategic assessments, process
consulting and trading architecture
design. Our system integration services span software implementation,
design/build and testing. Our outsourcing services include application
maintenance and support, testing
services and release upgrades.
Capital Markets Center of Excellence
Accenture maintains a Capital
Markets Center of Excellence that
provides training, research and

Figure 1: Accenture Developed Calypso Frameworks

Interface Framework

Test & Quality Framework

Input Interfaces
Reference Data Load
Error Handling
External Library (SOA)

Assembly Test Tools

Release Upgrade Factory
Workflow Testing Tools
Test Data Provision

Calypso
Development
Architecture

Installation & Configuration Framework

Environment Build Tools
Functional Setup Tools

Code Generation Tools

Logging Tools

development facilities around frontto-back trading architectures and

market reference data. This dedicated network of trading experts (in
Paris, Madrid, Mumbai, Shanghai)
helps to maximize the synergies in
implementation and maintenance
projects around the world. The center
is linked seamlessly with our local
capital markets practices in different
countries, our dedicated capital markets delivery centers in Spain, India
and China (see next page), and the
Accenture Global Delivery Network
with 50 locations across 20 countries.
Solution Accelerators
The Capital Markets Center of
Excellence offers over a hundred
remote individual trading environments for development and training
purposes and a repository database
for all documentation and source
code. It also contains Accenture solution accelerators (e.g. frameworks
and tools) developed around Calypso
software, including an installation
and configuration framework, an
interface framework and a comprehensive test and quality framework
(see fig. 1). Dedicated tools include
an automated online/offline workflow
testing tool and our ready-to-use
development environment which
enables a quick start with our clients'
Calypso projects.
Calypso Fast-Track
Accenture has contributed to the
development of Calypso Fast-Track,
a market standard based solution
for controlling the costs, risks, and
time lines associated with implementing the Calypso Trading and Risk
Management Platform. The Calypso
Fast-Track solution provides customers with business specifications and
documentation, test cases, on-line

training, operating procedures, outof-the-box interfaces and a preconfigured database.

Accenture worked as an integral part
of Calypsos product development
team on the testing and validation of
the Calypso Fast-Track solution and
has the right to develop Accenture
proprietary assets on top of the
Calypso Fast-Track solution configuration. Already developed are a gap
analysis framework and an estimating tool. Our Center of Excellence
has the latest reference Calypso
Fast-Track solution environment,
including documentation and testing
scenarios, and our people are trained
on the Calypso Fast-Track solution to
appropriately leverage its content as
well as our solution accelerators in
regards to specific clients requirements for design and implementation.
Capital Markets Delivery Centers
In addition to the 50 global facilities staffed by 75,000-plus professionals that comprise the Accenture
Global Delivery Network, our firm
operates delivery centers dedicated
to the capital markets industry in
Spain (Madrid), India (Mumbai and
Bangalore) and China (Shanghai).
These capital markets delivery centers
teaming closely with our Capital
Markets Center of Excellenceallow
us to provide our clients with dedicated resources that have experience
with implementing and maintaining
Calypso within our delivery centers
and onsite at our client locations. In
addition to collaborating seamlessly
with our delivery teams, our delivery
centers contribute to the development and maintenance of our solution accelerators.
Our unique combination of skilled
resources, solution accelerators and
deep industry knowledge helps our
clients achieve superior results as
we implement, develop and maintain
their Calypso software. This approach
enables our clients to realize the
benefits of our global network.

Selected Client Experience

around Calypso
Accenture has broad experience
implementing projects of different
scales and after-care support, as well
as back-office integration across
a wide range of asset classes (e.g.
bonds, equities, FX, derivatives, credit
derivatives, structured products, etc),
functional areas (e.g. operating models, process design, parametrization,
data migration, testing, technical
architecture, etc) and all continents.
Details of our dedicated client experience are available upon request.
For reference, we have attached an
example of a recent Calypso project.

Accenture supports this client within

the implementation of this layer by
providing program direction, analysis,
design, integration, testing and other
functions. All necessary developments for the project are done in
close cooperation with the client and
Calypso in order to minimize customization efforts.
Our client benefits from Accenture's
experience in system selection and
business case analysis as well as
expertise in defining overall requirements across products on a worldwide scale.

Customer success is our key priority at Calypso. That is why we

view our partnership with Accenture as a strategic one, for they
help enable this critical goal with their proven implementation
experience and methodologies across diverse financial markets
and geographies. Moreover, their commitment to Calypso customer
satisfaction is evidenced by their considerable support and
investments in our development of customer-driven initiatives
such as our Calypso Fast-Track solution.
Charles Marston, Chairman and CEO, Calypso Technology

Client: Transformation of back office

cross asset class towards a consistent worldwide trading architecture
Our client is an international provider
of banking and insurance services to
personal, business and institutional
customers with a presence in over
50 countries.
For this client, Accenture runs a
3-year trading transformation program that encompasses, among other
things, the creation of a cross-asset
class Calypso back office layer aimed
at the integration of various front
office applications for derivatives,
fixed income and FX/MM (e.g. trade
workflow, confirmation, payments,
accounting, integration in bank
infrastructure) on a worldwide basis.

Contacts
For more information about
Accentures experience with Calypso,
please contact:
Steve Scemama
Global Relationship Manager
France/Belgium/Netherlands/
Luxembourg
steve.scemama@accenture.com
Kristina Klapper
Austria/Switzerland/Germany
kristina.klapper@accenture.com
Massi Anastasi
Italy/Greece/Emerging Markets
massi.anastasi@accenture.com
Diego Lpez Abelln
Spain
diego.lopez.abellan@accenture.com
Dean L. Jayson
UK/Ireland
dean.l.jayson@accenture.com

Copyright 2009 Accenture

All rights reserved.

Johan Ekstrm
Denmark/Norway/Sweden/Latvia/
Finland
johan.ekstrom@accenture.com

Accenture, its logo, and

High Performance Delivered
are trademarks of Accenture.

Philipp Maizenberg
Russia
philipp.maizenberg@accenture.com

Calypso is a registered
trademark of Calypso
Technology, Inc in the United
States, the European Union
and other jurisdictions.

Lloyd Altman
North America
lloyd.altman@accenture.com
Jos M. Villar
Latin America
jose.m.villar@accenture.com
Wei Min Chin
Asia/Pacific
wei.min.chin@accenture.com
Ryu Takaki
Japan
ryu.takaki@accenture.com

Kyo-Sik Bae
Korea
kyo-sik.bae@accenture.com
David N. Maunsell
Australia
david.n.maunsell@accenture.com
Ghee Cheeng Chew
Singapore/Malaysia
ghee.cheeng.chew@accenture.com
Kelvin Luo
China/Hong Kong
kelvin.luo@accenture.com
Robert Li
Center of Excellence and Assets
Development Program Lead
robert.li@accenture.com

About Accenture
Accenture is a global management
consulting, technology services and
outsourcing company. Combining
unparalleled experience, comprehensive capabilities across all industries
and business functions, and extensive research on the worlds most
successful companies, Accenture
collaborates with clients to help
them become high-performance
businesses and governments. With
more than 181,000 people serving
clients in over 120 countries, the
company generated net revenues of
US$23.39 billion for the fiscal year
ended Aug. 31, 2008. Its home page
is www.accenture.com.