Synechron Signs Calypso Implementation Deal with SIX
Synechron will train SIX employees on Calypso features to manage triparty activities.

SIX—the operator of the Swiss Stock Exchange—selected Synechron as the systems integrator for Calypso v15 SFR (Securities Finance Renewal) which is run by Calypso. The program will be used to manage contractual tri-party activities undertaken by SIX. The project is expected to last for two years and was first launched in the first quarter of 2017.
Robert Bornträger, division chief executive officer of SIX IT, said Synechron will bring considerable experience to the project.
“Synechron is a certified Calypso partner, which gives us access to considerable expertise and concrete Calypso implementation experience,” Bornträger said. “Furthermore, Synechron is already working with Calypso in Switzerland, notably on collateral management implementation, which gives them highly relevant subject-matter expertise.”
Synechron is providing training in the technical and functional features of Calypso to SIX. Calypso will be integrated into SIX’s systems.
The company was chosen from a pool of four companies in 2016. It has more than 50 Calypso experts in Europe.
SIX itself has been embarking on a program of upgrading its technology base in recent months. In June, it announced the launch of Advanced Settlement, a post-trade infrastructure designed to automate and centralize the generation of standing settlement instructions. SIX also won the top prize of best overall data/service provider at this year’s Inside Reference Data and Inside Market Data awards.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
WatersTechnology latest edition
Check out our latest edition, plus more than 12 years of our best content.
A new data analytics studio born from a large asset manager hits the market
Amundi Asset Management’s tech arm is commercializing a tool that has 500 users at the buy-side firm.
How exactly does a private-share trading platform work?
As companies stay private for longer, new trading platforms are looking to cash in by helping investors cash out.
Accelerated clearing and settlement, private markets, the future of LSEG’s AIM market, and more
The Waters Cooler: Fitch touts AWS AI for developer productivity, Nasdaq expands tech deal with South American exchanges, National Australia Bank enlists TransFicc, and more in this week’s news roundup.
Inside the company that helped build China’s equity options market
Fintech firm Bachelier Technology on the challenges of creating a trading platform for China’s unique OTC derivatives market.
Experts say HKEX’s plan for T+1 in 2025 is ‘sensible’
The exchange will continue providing core post-trade processing through CCASS but will engage with market participants on the service’s future as HKEX rolls out new OCP features.
‘The opaque juggernaut’: Private credit’s data deficiencies become clear
Investor demand to take advantage of the growing private credit markets is rising, despite limited data, trading mechanisms, and a lack of liquidity.
Overnight trading blocked, consolidated tapes, BlackRock’s Larry Fink, data costs, and more
The Waters Cooler: Deutsche Börse provides crypto custody, FIS has a new GenAI tool, and some M&A activity in this week’s news round-up.