Daily Archives: July 17, 2017

Calypso and LIST partner to fully automate the end-to-end trading process

LONDON and PISA, Italy, July 17, 2017 /PRNewswire/ — Calypso Technology Inc., a leading provider of capital markets and investment management software, and LIST, an innovative software vendor of technology for electronic trading, today announced their partnership to deliver execution and compliance solutions fully integrated with Calypso’s front to back platform.

Exploiting LIST’s technology and its integration with Calypso’s platform, the two companies have agreed with a major European bank to deliver a MiFID II compliant Enterprise Platform – covering Record Keeping, Monitoring and Reporting – and transforming the voice-based, Fixed Income OTC business of the bank into a fully digitised workflow.

“An end-to-end digitisation of the trading process is essential to risk management, compliance and cost efficiency,” says Philippe Carrel, Chief Alliance Officer of Calypso. “By integrating with the advanced solutions of our partner, LIST, Calypso delivers a uniquely integrated solution, which meets the requirements of MIFID II while leveraging the trading and risk management features of the platform, and is available on Cloud.”

“LIST is delighted to have established a partnership with a leader in capital markets software such as Calypso,” says Andrea Simonelli, co-founder and COO of LIST. “Over the last three decades, we developed an unparalleled experience in delivering technology for electronic trading and compliance. We are convinced that the market today requires an even stronger end-to-end integration and this is why we believe that the integration of LIST trading and compliance capabilities to Calypso delivers significant value to the market.”

About Calypso Technology

Calypso Technology, Inc. is a Cloud-enabled provider of cross-asset front-to-back technology solutions for financial markets. Its award-winning solutions improve reliability, adaptability and scalability across several verticals, including capital markets, investment management, central banking, clearing, treasury & liquidity, and collateral. For the past 20 years, Calypso has delivered innovative software for trading, risk management, processing, and accounting, bringing simplicity to complex challenges.

With over 35,000 users in over 60 countries, Calypso is on the cutting-edge of emerging technologies. “Calypso” is a registered trademark of Calypso Technology, Inc. in the U.S., EU and other jurisdictions. Other parties’ trademarks or service marks are the property of their respective owners and should be treated as such.

www.calypso.com

About LIST

Founded in 1985, with three decades of experience in developing innovative solutions for electronic trading and regulatory compliance, LIST operates worldwide with 135 clients in 15 countries. LIST’s customers include global financial firms, sell-side brokers, buy-side institutions, regional and local banks as well as regulated markets and trading venues.

LIST has developed an unrivalled expertise in building electronic trading systems for Fixed Income and Equities. LIST offers multi-asset, multi-venue MiFID II ready platforms for electronic trading, eCommerce and brokerage as well as Best Execution, SOR and internalization solutions.

www.list-group.com

For further information:

Calypso Technology
Ms. Yuni Iwata
Email: yuni_iwata@calypso.com
Tel: +1 415 530 4088

LIST
Ms. Ines Rossini
Email: i.rossini@list-group.com
Tel: +44 203 393 4751

YOUNG SOUTH AFRICA ATHLETES EXCEL AT IAAF U-18 WORLD ATHLETICS CHAMPIONSHIPS

NAIROBI, Aspiring South African athletes have excelled at the IAAF Under-18 World Athletics Championships which ended in Nairobi, Kenya, Sunday with five gold, three silver and three bronze medals to record the country’s best ever performance at the final such Youth Games.

The IAAF has decided that its Under-18 championships will now be held only at continental levels. The 11 medals meant that the South African yuongsters won the overalltop position in the medals standings at the Championships.

Having led the medals standings overnight, team South Africa went into the final day of the U18 World Championships with a possible five more golds but the opening events of the day yielded only disappointment.

In boys’ pole-vault final, Valco Van Wyk could only manage a first round jump of 4 meters 55 centimeters before he was bumped out of medal contention by finishing 6th overall.

Jana Van Schalkwyk then followed in the women’s Javelin throw, but her heave of 47.64 meters was the lowest throw of the competition as she finished last in the field.

There was further disappointment in the boys’ 2,000 metres steeplechase with Robert De Villiers coming home 11th in a race dominated by the Kenyan’s who took a 1-2 finish.

However, the smiles though soon to returned to Team South Africa as the duo of Tshenolo Lemao and Retshi Mlenga, who dominated the 100 m final on the opening day of competition, set the field alight once again in the 200 m sprint.

Team South Africa’s sojourn to Kenya ended with yet another podium finish as they took the bronze in the final event of the Championships, the 4x400m Mixed Relay event.

With three Gold medalists in the line-up, the South Afircan’s went into the race as favourites, but another gold was not to be as the team settled for third place.

Most importantly, the performance of the juniors reiterates the fact that athletics in South Africa is alive and well.

Source: NAM NEWS NETWORK

Bodies of 8 Slain Soldiers Found in Northern Mali

BAMAKO � The bodies of eight Malian soldiers killed in an ambush by suspected Islamist fighters last week have been discovered in the West African nation’s desert north, a local lawmaker and army officer said on Monday.

The soldiers went missing a week ago after their convoy was attacked on the road between the towns of Gao and Menaka.

“They were killed in the fighting last week … There are eight of them. I have two nephews who were killed,” said Badian Ag Hamatou, a member of parliament from Menaka. “They were encircled by the jihadists.”

A senior army officer, who asked not to be named, said a team sent to the scene had been able to identify the bodies as those of the missing soldiers. They were buried where they were found, he said.

Malian soldiers are regularly targeted in attacks by Islamist groups, some of them with links to al-Qaida.

Islamist fighters seized northern Mali in 2012 before they were driven back by a French-led military intervention a year later. But they remain active despite the presence of a U.N. peacekeeping mission and a 4,000-troop cross-border French operation to stamp them out.

Leaders of five countries in West Africa’s Sahel region launched a multinational force this month with a primary mission of tackling the Islamist militants, who have spread their violence beyond Mali’s borders to neighboring states.

Source: Voice of America

SAA board will not cover up acts of criminality

South African Airways (SAA) will not cover up acts of criminality, the national carrier said on Monday.

This as the airline’s board of directors noted a series of media reports that appear to be based on internal reports leaked to the media.

The SAA board of directors would like to assure the public that it does not condone nor will it cover up any acts of impropriety at SAA, said the carrier.

The board further added any action that it could take against anyone accused of criminality must have factual basis and be legally sustainable.

It is important to understand the status these reports enjoy within the business and the processes the company has embarked upon before conclusions are made on the basis of any aspect of such reports.

In addition, investigations were previously commissioned by SAA to look into financial losses incurred by the company. Areas of focus included among other things, procurement (specifically contract negotiation and management) and asset management.

A number of reports were subsequently generated and must be finalized as soon as possible. The Board has looked into those reports and concluded that, as matters stand, they are incomplete.

The national carrier further added that the process of finalizing these reports, including soliciting input from all affected parties and executive management, has since commenced.

This was not only standard practice but a requirement in accordance with principles of natural justice.

Once the reports are finalised, they will be presented to the board for consideration and action. We caution against making conclusions hastily and discourage casting aspersions against any individuals on the strength of incomplete reports, it said.

The board will inform the nation of the outcomes and any action necessary once the outstanding work has been concluded and the final reports tabled, it said.

Source: South African Government News Agency

Minister Malusi Gigaba hands over library and computer lab as part of Nelson Mandela Day in Soweto, 18 Jul

Tuesday, 18 July, is Mandela Day and Minister of Finance Malusi Gigaba will join others in giving on the day. The Minister will hand over a library and computer lab, and assist in the painting of the school, among others.

Source: Government of South Africa