A large differentiator was the platform architecture, which was important to us as the system had to support real-time, 24/7 trading around the globe, with volumes and product ranges expected to increase. Most importantly, we needed a partner, not just a software vendor. Crédit Agricole has a history of working with Calypso Technology. Following the initial signing of a real time STP back office system for fixed-income in May 2000, we decided in 2006 to extend our usage of Calypso to create a strategic back office platform for treasury, FX and FX derivative products to support the business’ global nature, allowing multi-currency, multi-time zone and 24/7 trading. In 2008, we extended our contract to use the Calypso system for global cash management. Throughout our relationship, Calypso has proven itself to be a truly global company, who understands our requirements for local adaptations in particular for the Asian and Eastern European markets.