Tech briefs

Wells Fargo takes Calypso

Wells Fargo will use Calypso Technology transaction and processing software to support its interest rate derivatives trading desk in San Francisco. The US bank will use Calypso to process trades in front and back offices, said a spokesman for the vendor. The software will support up to five traders working on the bank’s San Francisco interest rate derivatives trading desk.

Wells Fargo investigated other vendors as well as developing software internally.

The Calypso r