Novobanco and Nasdaq (NASDAQ:NDAQ) today announced the expansion of their long-standing technology partnership, which will see novobanco expand its use of Nasdaq’s Calypso platform to support the bank’s entire capital market operations.
Novobanco, a leading Portuguese independent domestic bank, has used the solution to conduct back-office processing for almost 20 years and will now incorporate its risk and front office functionality to fully integrate the technology underpinning its treasury function.
“Consolidating our treasury function onto a single platform marks another major step in our journey to position ourselves as an independent, strong, and successful Portuguese bank,” said Nuno Duarte, Head of Treasury and Finance of novobanco. “By streamlining our infrastructure and enhancing the efficiency of our operations, we are better positioned to deliver a more personal, customer-centric experience to…
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