C6 selects Nasdaq Calypso Treasury front-to-back solution for modernization and business expansion
Brazil bank expands relationship with Nasdaq for a single-vendor global platform, scalability, and governance
C6 Bank has selected the Calypso Treasury front-to-back solution to support its modernization, consolidation, and product portfolio expansion, primarily for large banks. The solution enables banks to increase business agility and local-market growth. It also speeds up time-to-market for its new product offerings such as derivatives and commodities.
The comprehensive Calypso Treasury solution, based on global best practices, seamlessly aligns with C6’s specific requirements. As a consolidated platform, it is also ideally suited to the bank’s local needs, enabling it to effectively scale by unlocking efficiencies and establishing the flexibility and agility that supports local-market and offshore growth as well as increased transaction volumes. The bank now benefits from a transparent, cross-asset view of its positions ─ foreign currency, money markets, fixed income, and securities finance ─ for holistic P&L, liquidity, risk, and cash management in real-time, enterprise-wide, and on a single platform.
With Nasdaq, we don’t need multiple vendors. We have a global organization that not only supports us regionally, but it also supports our requirements on both the capital markets and regulatory reporting sides of our business with solutions that fit our technologically advanced profile and scales as we grow.
- Renê Gonçalves, COO, C6 Bank
We are very pleased that C6 Bank continues to find strategic value in our solutions, expanding their relationship to include Calypso Treasury in addition to our post-trade processing offering and regulatory reporting and calculations for SCR and DLO/DLI. With Calypso Treasury, C6 gains a front-to-back solution that empowers it to address increased volumes, streamline its treasury and post-settlement-processing operations, and accelerate its time-to-market for new products, services, and regulatory reporting. The solution sustains and futureproofs growth for expanded requirements such as FX and provides access to our Mexico-based Center of Excellence, which provides invaluable local market knowledge and expertise that enhance a global solution.
- Luis Gustavo Penteado, Director, Sales – Latin America, Financial Technology, Nasdaq