Independent Validation &

Verification services for

Calypso
Assurance
Services

As capital markets institutions seek to replace legacy systems in the front-, middle-, and
back-office environment with an integrated platform, Calypso emerges as a popular choice.
An investment banking product that covers a full range of derivative and cash instruments,
Calypso is robust and flexible, integrating with different systems for trade processing. It
brings you global visibility into the business. The solution also offers efficient, streamlined,
cost-effective front-to-back office processing, faster time-to-market for new asset classes,
and quicker time-to-productivity for new processes and functions. In order to derive these
benefits, enterprises seek robust testing services and solutions around Calypso. This
minimizes the faults in production, ensures customer satisfaction, optimizes the cost of
quality, andreducesthe testcycletime for rollingoutchangesandupgrades.
We, at Tata Consultancy Services (TCS), offer our Independent Validation Testing Services for
Calypso, to enable comprehensive independent verification and validation of your Calypso
implementations. Our assurance testing assists you in achieving your business objectives in
terms of rolling out an integrated, scalable trading platform. This enables an enhanced
experience,
Overview be it for a greenfield implementation or for enterprise-level transformation from
legacysystems.
The success of a Calypso implementation across enterprises as test strategy document, estimation model, automation
is dependent on several factors including a structured test approach document, and induction manual for a quick jump
approach, comprehensive test cases with better traceability , start. This existing subject matter expertise and extensive re-
and short testing cycles. In addition, there is use of automated scripts for future testing cycles reduce the
a need to define an all-encompassing test-strategy for need for resources, allowing enterprises to focus on the core
testing across front, mid , and back-office functions; as well business. This reduces time, effort, and rework resulting in
as across asset classes and Calypso interfaces with other lower cost of assurance, besides ensuring faster time-to-
applications. A thorough assurance of your Calypso market and lower Total Cost of Ownership (TCO).
program results in better traceability, coverage, and
reduced risks in production, giving you the desired Benefits
transformation you seek for your enterprise. Our offering brings you benefits of:
With significant understanding of the above business Enhancedquality through rigorous testing, conducted by
challenges, we bring you Independent Validation Testing domain and assurance experts;
Services for Calypso. Our comprehensive verification and
validation of Calypso implementations is backed by our eviatedAbbr test cycles, leveraging test automation
experience in large-scale Calypso implementation and leading to reduced time to market;
testing programs across the globe. We bring you significant Reducedcost of rework, owing to early detection of defects
domain and assurance expertise, which is propelled by enabled via HARMONY pack;
designated competency centers for Calypso and other third-
party capital market products, such as Summit, Murex, Effortand cost savings by leveraging ready-to-use, reusable
Fidessa, WSS, and Asset Control. This reduces the test assets and accelerators;
dependency on your internal resources. Enhanced business assurance, thereby minimizing the
We provide an array of testing services covering entire risks in production.
implementation of Calypso to help you leverage
maximum benefits from the product The TCS Advantage
and be a leader in the market space. These include
consulting to formulate a comprehensive test strategy; We have extensive expertise and experience in the capital
functional validation of business process flows; integration market space spanning major market participants:
testing of upstream and downstream systems; parallel investment banking, asset and wealth management
testing and automation of regression suite; non-functional (including private banking), securities services, and market
testing ; and tool- based complete test management, defect infrastructure. We bring significant and mature IT
management and test automation. relationships in each of
www.tcs.c
om

Legacy
systems

Trad
es
Reference data Mark Front Office - Trad Credit
Risk,
et Calypso
Live Feeds es Enterprise
Data Trades
Affirmed Trades Market Risk
Data Reports
Other Front SWIFT Mid Office -
Office messag Calypso General Ledger
Systems es Trad Securities&
Confirmations es SWIFT Cash
Mark
et Back Office - messag Settlement
Others... Calypso
Data es
Cash&
Confirmation Nostro
Upstream Notices Manageme
Interfacing Other
Gateways nt
Systems
Others...
End to end Test Services for
Calypso Downstream
Interfacing
Functional Regression System
System Test Systems
Testing Testing Integratio
Testing Automation
n Testing
Test Strategy Consulting, End to End test
Management

An overview of our offering

these market segments with the respective market leaders in Contact
the space.
In addition, we have extensive experience in To know more about TCS Independent Validation &
comprehensive functional and integration testing, and test Verification services for Calypso, contact
automation for global customers running Calypso across
global.assurance@tcs.com
asset classes. We add further value to the engagement
with our: AboutTata Consultancy Services Ltd(TCS)
Deep domain expertise. We leverage our knowledge of third- Tata Consultancy Services is an IT services, consulting
party products and our mature capabilities around and business solutions organization that delivers real
product testing services and solutions to bring you results to global business, ensuring a level of
advantages. With an optimal mix of Calypso product
certainty no other firm can match. TCS offers a
Subject Matter Experts (SMEs) and assurance experts,
you gain from a unique combination of domain and consulting-led, integrated portfolio of IT and IT-enabled
assurance expertise. infrastructure, engineering and assurance services.
Test assets. Our reusable, ready-to-use test assets for Calypso This is delivered
include test strategy, automation approach, and a suite of through its unique Global Network Delivery ModelTM,
over 2000 ready-to-use test scenarios (HARMONY) recognized as the benchmark of excellence in software
covering various asset classes and the complete Calypso
development. A part of the Tata Group, Indias largest
functionality. We also offer you a host of in-house tools and
frameworks from the test automation and performance industrial conglomerate, TCS has a global footprint
testing labs to accelerate processes. For
andmore information,
is listed on thevisit us at Stock Exchange and
National
www.tcs.com
Partner solutions group. Our Center of Excellence (CoE) for Bombay Stock Exchangein India.
Calypso and other leading third-party products in the
capital market space enable us to bring you advanced IT Services
and robust solutions.
TCS Design Services I P I

Business
Dedicated assurance services unit. This unit offers a combination
of delivery assurance enabled through mature testing
Solutions
processes that are aligned with industry standards such as Consulting
Test Process Improvement (TPI) Model and Testing Maturity
All content / information present here is the exclusive property of Tata Consultancy Services Limited (TCS). The content / information contained here is correct at the time of
Model Integrated (TMMI). We also bring you innovation
06 I 13

publishing. No material from here may be copied, modified, reproduced, republished, uploaded, transmitted, posted or distributed in any form without prior written permission
through home-grown tools, test accelerators across the
from TCS. Unauthorized use of the content / information appearing here may violate copyright, trademark and other applicable laws, and could result in criminal or civil
testing
penalties. life cycle,
Copyright and
2013Tata domain
Consultancy heritage
Services Limited gained from serving
customers in the BFSI segment.