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Industry news

Apex and Calypso team up to provide services to Ardent Financial


02 September 2020 London
Reporter: Maddie Saghir

Generic business image for news article
Image: dmitrydesigner/ Adobe Stock
Apex Group has been appointed to provide front-to-back-office solutions to Ardent Financial, the Financial Conduct Authority (FCA)-regulated global securities dealer, using Calypso Technology’s management and reporting platform.

Apex will provide decision support, analytics and back-office services to Ardent via the Calypso platform as part of the Apex360 solution.

Apex360 provides tailored and service-focused solutions, which will enable Ardent to enhance its operating model, reduce risk and control costs.

In addition, Calypso’s platform will allow it to complete administrative tasks through one system, streamlining everyday processes and reporting.

Aidan Brady, COO, Ardent Financial, commented: “We chose Apex and Calypso due to their outstanding track record in the middle and back-office service sector and ability to provide a flexible and scalable service which meets our requirements. We have been impressed by the responsiveness of the dedicated team, and their ability to deliver implementation efficiently and on an accelerated timescale.”

David Rhydderch, global head of financial solutions at Apex Group, said: “We are pleased to be partnering with Calypso, as they play a key role in adding value to our clients, helping to provide flexibility and resolve the challenges facing them as they scale their businesses. Calypso’s platform will power Apex’s reporting services and will enable Ardent to save time and increase efficiency.”

Mayank Shah, chief strategy officer, Calypso Technology, added: “Apex is a long-standing strategic partner of Calypso and the successful implementation of services for Ardent further demonstrates the strength of our relationship and our commitment to our clients.”
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