Abu Dhabi investment company Invest AD has selected the integrated front-to-back solution from Calypso Technology, a leading provider of software solutions for the financial markets, to support its treasury and asset management businesses.

By implementing Calypso, Invest AD will be replacing the existing investment solution, a legacy back office solution and several other in-house developed applications.

 "With Calypso, we have an end-to-end solution that can streamline our investment process, improve our STP and benefit from a unique functional coverage to facilitate the growth of our treasury and asset management business on one platform," said Fatema Jumaa Al Junaibi, acting head of Operations.

"Following an extensive selection process, Calypso stood out as the most comprehensive solution for our needs. In addition, Calypso is a robust platform that we can leverage for more functionality in the future."

"We are delighted to be working with such a well-respected company in the Middle East and to help deliver operational efficiency, improve investment performance and reduce the total cost of ownership," stated Edmond Tehini, managing director, Middle East. - TradeArabia News Service