Reported by: banking|Updated: October 5, 2020
IndusInd Bank has enhanced the scope of its association with Calypso Technology, a leading provider of cloud-enabled capital markets and investment management software and services. The bank has decided to adopt several of the next generation modules that have recently been added to the Calypso platform, including the Calypso Front Office Workstation (FOWS) and the Client Activity Browser (CAB) as well as several of Calypso’s latest Productivity Suite tools. These modules will be implemented as part of a version upgrade over the coming months. The bank, known as an early adopter of best-in-class technologies to support its treasury and capital markets verticals, has been a customer of Calypso’s cross-asset front-to-back Treasury Suite. Arun Khurana, Deputy CEO & Country Head – Global Markets, Transaction Banking, Financial Institutions and Public Sector for IndusInd Bank, said the bank decided to evaluate Calypso’s next generation front office tools that offer all front office critical data in a centralized place, with interactive dashboards and widgets and found them to be a flexible tool that enables the work station for each dealer to be configured based on his or her market-specific needs. These tools allow each dealer to see real-time risk and P&L across products and time buckets enabling efficient risk management.