Dutch bank Rabobank has implemented processing software from Calypso Technology to support its foreign exchange operations.
San Francisco-based Calypso says its back office module includes exception management functionality and will enable the bank to catch and rectify breaks in its commoditised foreign exchange products processing.
Comments René Steenhart, head of operations at Rabobank: "Providing exceptional service to our clients has always been a priority within Rabobank, and at the same time we wanted to achieve a more streamlined process in our back office."
The vendor says the deployment replaces the bank's legacy system.