Banca March makes the strategic move to CapCloud™ for optimized treasury operations
Spanish leading bank in corporate advisory and wealth management selects Adenza’s Calypso Treasury solution for front-to-back-to-risk management
Banca March, a leading Spanish bank specializing in corporate advisory and wealth management , has selected Adenza’s CapCloud SaaS for a more agile, performant, and streamlined cross-asset, front-to-back-to-risk treasury management solution. This move facilitates the seamless, real-time integration of trading and risk-management capital markets activities through the entire trade lifecycle. It also enables traders to modernize their operations front-to-risk to post-trade processing, improving client services and setting the stage for expansion.
With this engagement, Banca March, now benefits from an accelerated bank-wide, transparent, cross-asset view of its positions − foreign exchange, money markets, fixed income, derivatives, and securities finance − for holistic liquidity, risk and P&L, collateral, and cash management in real-time, enterprise-wide, and growth on a single platform. A CapCloud adoption brings numerous benefits, including business agility, improved performance, and a proven return on investment. Banca March will also enjoy an implementation led by our Madrid-based Nasdaq Customer Delivery team whose proximity and knowledge of local market practices will be an asset for a successful and timely deployment of the Calypso platform.
This new partnership is conditional to the Bank of Spain approval.
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. We are excited to tap into CapCloud for increased business agility, modernization support, local-market growth, and increased volumes. Managed services free up our resources to focus on business differentiation instead of business-as-usual tasks such as upgrades and configuration.
- Hector Rico, Quantitative Analysis & Methodology, Director, Banca March
We are pleased to welcome Banca March to our CapCloud and regional bank communities. With CapCloud the bank is now set to expand its treasury and capital markets activities, leveraging agile rebase and upgrade processes to access new versions and keep innovating. It also joins other banks around the world that have made Adenza a part of their strategy to let technology experts manage the environment while they focus on their businesses. The solution sustains and futureproofs growth for expanded business requirements in a complex and quickly evolving market and regulatory conditions.
- Guillaume Barbaud, Sales Director Continental Europe, Nasdaq
