Calypso Technology, a software application provider for financial institutions, has partnered with Sophos Solutions to grow its client base in the Colombian market.
Sophos Solutions, a subsidiary of Bolsa de Valores de Colombia since 2015, is financial services-focused consultants.
Go deeper with GlobalData
Under the agreement, Sophos will offer Calypso’ products as part of its current services portfolio.
Apart from Colombia, Sophos operates in Chile, Panama, Mexico and the US and is also running projects in Ecuador, Peru and Argentina.
Sophos Solutions commercial global vice president Raúl Zarate said: “We recognise the need to offer Calypso-related capabilities as part of our current services portfolio, as we move into new markets and work with new customers.
“This is a strategic alliance for us as it reflects the evolution and maturity of the LATAM market and the consolidation of the US market.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataCalypso claims that its client base continues to grow by double-digits every year in the Americas. The company now has nearly 50 top tier clients and 8,000 users across nine countries.
Calypso Technology strategy and alliances chief Mayank Shah said: “Following recent client wins and with further growth expected in 2020, we are increasing our investment in Colombia.
“Sophos Solutions’ in-depth knowledge of financial services, combined with their experience with Calypso clients, will help to further accelerate our growth in Latin America.
