Course Description

The Global Derivatives marketplace continues to evolve at the speed of light both in terms of technological innovation and regulation. International financial centers are embracing electronic markets, automation, cross-border, and cross-asset trading. Within this framework, the investor and trader are undergoing seismic changes which present challenges for their organizations. To succeed within these advanced technological, regulatory, and market environments, firms, exchanges, and desks share common underlying objectives:

  • Incorporating efficient technology
  • Streamlining costs,
  • Managing risk, all while increasing volumes and revenue

Managing this array of challenges on a large portfolio of trades and positions in the global market environment strain the financial frameworks of many firms, especially the organizations which rely on the connectivity to disparate platforms to integrate seamlessly during volatile market environments. Many legacy systems are often fragmented and cannot meet the requirements of cross-asset, cross-border portfolios, risk and P&L management, and Straight Through Processing (STP) in a single environment.

To meet these challenges, Calypso provides a highly scalable and customizable front-to-back solution for banks, hedge funds, corporations, and asset managers. It provides traders, sales traders, fund managers, middle office, operations, and support staff with the required tools to do their jobs effectively and efficiently. 

Specifically, the Calypso Front Office platform lowers the cost of doing business by offering traders and risk managers a consolidated global view of positions and risks to monitor and manage multi-asset and cross-border trading portfolios. Front and Middle Office Calypso users can leverage numerous flexible workflow tools in Calypso to achieve significant gains in real-time straight-through processing (STP). This enables traders and risk managers to identify opportunities and risks more quickly, offering the Calypso user a significant competitive advantage.

The “Calypso Front Office - Introduction” module will provide the learner with an in-depth understanding of Calypso’s Front Office platform and the tools available for day-to-day front office users. Readers and participants will gain hands-on experience with the processes necessary for users to integrate their trading, position/portfolio, and risk management with and in Calypso.

The Calypso Front Office - Introduction module includes:

  • Introduction to Calypso Front Office
  • Analytics and Pricing Solution – i.e., Defining Pricing Environments, including Pricer Configurations, Pricing Parameters, and Pricers
  • Market Data configuration, both raw (quotes) and derived
  • Trade Capture and the functionalities of the Calypso Pricing Sheet
  • Trade Lifecycle Events
  • Introduction to Risk and PnL Monitoring
  • Calypso Front Office Tools: User Defaults, Trade Blotter, Market Data Manager, Trade Filter, Pricing Grid, and an Introduction to the Scheduled Task window

Calypso Learning Services

Course curriculum

  • Introduction to Front Office

    • Calypso Front Office - Introduction

  • Analytics and Pricing Environment

    • Introduction to Market Data

    • Introduction to Derived Market Data

    • Constructing a Zero Yield Curve

    • Introduction to Calypso Pricing Environment

    • Overview of Pricing Environment

    • Test Your Knowledge

  • Trade Capture and Lifecycle Events

    • Trade Capture in Calypso

    • Overview of Trade Capture Swaps

    • Introduction to Pricing Sheet

    • Overview of Pricing Sheet

    • Pricing Sheet – Profile Configuration

    • Overview of Profile Configuration

    • Pricing Sheet - User Preferences and Global Preferences

    • Overview of User Preferences and Global Preferences

    • Pricing Sheet – Trade Capture

    • Overview of Trade Capture

    • Pricing Sheet – Trade Capture Examples

    • Pricing Sheet – Strategy Builder

    • Overview of Strategy Builder

    • Trade Lifecycle

    • Overview of Rate Reset Lifecycle Event

    • Pricing Sheet - Trade Lifecycle Actions

    • Test Your Knowledge

  • Risk & PnL Monitoring

    • Introduction to Risk and P&L Monitoring

    • Calypso Risk Framework

    • Overview of Risk & Risk Measures

    • Overview of Analysis Designer

    • Calypso Risk Report Configuration

    • Configuring Risk Report in Calculation Server and Presentation Server

    • Calypso Middle Tier and Scheduled Task

    • Configuring Analysis Set & EOD Scheduled Task Risk_Analysis

    • Calypso Workstation

    • Overview of Configuring Risk Report in CWS

    • Desk Risk (Use Case)

    • Overview of Rates Sensitivity Report

    • Introduction to Liquidity Solution

    • Introduction to Front Office Workstation (FOWS)

    • Test Your Knowledge

  • Front Office Tools

    • Introduction to Front Office Tools

    • Trade Blotter

    • Overview of Trade Blotter

    • Trade Browser

    • Overview of Trade Browser

    • Trade Filter

    • Overview of Trade Filter

    • Market Data Manager

    • Overview of Market Data Manager

    • On Demand Risk Analysis

    • User Defaults and Pricing Grid

    • Overview of User Defaults

    • Test Your Knowledge

  • Introduction to Calypso Asset Management (Buy Side Solution)

    • Introduction to Calypso Asset Management