Banca March selects Adenza’s Calypso Treasury solution
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Banca March selects Adenza’s Calypso Treasury solution 22 March 2024Spain Reporter: Jack McRae
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Banca March has selected Adenza’s Calypso Treasury solution to provide front-to-back-to-risk management.
The Spanish bank has selected Adenza’s CapCloud SaaS for a more streamlined cross-asset solution.
Hector Rico, quantitative analysis and methodology director at Banca March, welcomes the selection: “The Calypso Treasury solution not only unlocks further efficiencies for Banca March but also ensures the required flexibility and scalability as we expand in our corporate advisory and wealth management businesses.
“Managed services free up our resources to focus on business differentiation instead of business-as-usual tasks such as upgrades and configuration.”
Banca March will benefit from a cross-asset view of its positions — across securities finance, derivatives, fixed income, foreign exchange and money markets — for holistic liquidity, risk and profit and loss, as well as collateral and cash management in real-time on a single platform.
The implementation will be led by the Madrid-based Nasdaq customer delivery team.
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