T-Zero teams with Calypso

Market technology provider T-Zero has teamed up with San Francisco software company Calypso to provide improved processing of credit derivatives trades

T-Zero, based in London, will connect its affirmation service to Calypso's front-office trade capture system. Calypso users will be able to use real-time messaging provided by T-Zero to process their credit derivative trades, and will also have access through T-Zero to the Depository Trust and Clearing Corporation and to other T-Zero users.

T-Zero president Mark Beeston said the partnership would help cut operations costs, human error and operational risk.

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