Capital Markets’ Kyle Woodland said Calypso’s Fast-Track solution for implementation allowed the company to quickly install the Calypso software on time and keep expenses within its budget.
The firm has currently adopted the solution for its derivatives processing business, while the same will be used to manage the trading and processing of various instruments such as commodities and foreign exchange, front-to-back office in the future.
Calypso system will enable Frost to reduce operational risk and improve efficiency through increased process automation, streamlined end-of-day processing and consolidated risk reporting, claims Frost.
Frost provides commercial and consumer banking services through over 115 financial centers across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Rio Grande Valley and San Antonio regions, US.
