Nasdaq Calypso to Ease Novobanco's Capital Market Operations

Nasdaq Inc. (NDAQ) announced that it has extended its partnership with Novobanco, Portugal’s fourth-largest bank. This partnership enables Novobanco to deploy Nasdaq’s Calypso platform to support the bank’s entire capital market operations.Novobanco, for over two decades, has been using the platform to conduct back-office processing. With the extended partnership, the bank will now use the platform for risk and front-office functionality. Nuno Duarte, head of Treasury and Finance Novobanco, stated, “Consoli ...