Recommendations to others considering Nasdaq Calypso:
I am not sure about the costs, since I was just the end-uder of Calypso platform. But as an end-user, I could recommend using Calypso Platfrom, as it is very adjustable and reliable Review collected by and hosted on G2.com.
What problems is Nasdaq Calypso solving and how is that benefiting you?
Calypso Platform was used for the Back Office purposes (such as trade matching and settlement) and for Collateral management.
The main benefit that I realized was the flexibility of the platform: me as a user could draw up any technical requirements for automatization of manual processes and in-house Calypso programmers quite easily implemented them into production environment.
Comparing Calypso to other systems, I should note, that it is a very cleaver system that could propose different solutions for any kind of processes.
I know for sure that some banks are using it as a front-office system for trading. Review collected by and hosted on G2.com.