Ardent picks Apex and Calypso combo
September 3, 2020

London-based global securities dealer Ardent Financial Limited ('Ardent') has partnered with Apex Group Ltd and Calypso Technology Inc.

Apex is to provide front- to back-office solutions to Ardent using Calypso's management and reporting platform. These services will complement Apex's existing provision of custody services to Ardent.

Calypso's platform will allow Ardent to complete a multitude of administrative tasks in a seamless manner through one system, streamlining everyday processes and reporting. Apex reports that its Golden Source implementation framework allowed for the delivery and implementation of the system via Oracle Cloud in an expedited timeframe.

Ardent will now be well-placed to enhance its operating model, reduce risk and control costs. The firm's COO Aidan Brady said: "We chose Apex and Calypso due to their outstanding track record in the middle and back office service sector and ability to provide a flexible and scalable service which meets our requirements. We have been impressed by the responsiveness of the dedicated team, and their ability to deliver implementation efficiently and on an accelerated timescale."

This mandate demonstrates Apex's expertise in the middle and back office space, and its capabilities to support clients, whether they are established managers seeking an improved service or new funds such as Ardent, looking to implement scalable solutions. Global Head of Financial Solutions at Apex Group, David Rhydderch commented: "We are pleased to be partnering with Calypso, as they play a key role in adding value to our clients, helping to provide flexibility and resolve the challenges facing them as they scale their businesses. Calypso's platform will power Apex's reporting services and will enable Ardent to save time and increase efficiency."

Mayank Shah, Chief Strategy Officer at Calypso Technology added: "We are excited to be working with Apex, to provide Ardent with decision support, analytics and reporting solutions powered by Calypso. The combination of Calypso's rich product suite and Apex's experience in middle and back office services enabled implementation of a fully hosted environment in six weeks, with the first meeting held less than four months ago. Apex is a long-standing strategic partner of Calypso and the successful implementation of services for Ardent further demonstrates the strength of our relationship and our commitment to our clients."





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London-based global securities dealer Ardent Financial Limited ('Ardent') has partnered with Apex Group Ltd and Calypso Technology Inc.

Apex is to provide front- to back-office solutions to Ardent using Calypso's management and reporting platform. These services will complement Apex's existing provision of custody services to Ardent.

Calypso's platform will allow Ardent to complete a multitude of administrative tasks in a seamless manner through one system, streamlining everyday processes and reporting. Apex reports that its Golden Source implementation framework allowed for the delivery and implementation of the system via Oracle Cloud in an expedited timeframe.

Ardent will now be well-placed to enhance its operating model, reduce risk and control costs. The firm's COO Aidan Brady said: "We chose Apex and Calypso due to their outstanding track record in the middle and back office service sector and ability to provide a flexible and scalable service which meets our requirements. We have been impressed by the responsiveness of the dedicated team, and their ability to deliver implementation efficiently and on an accelerated timescale."

This mandate demonstrates Apex's expertise in the middle and back office space, and its capabilities to support clients, whether they are established managers seeking an improved service or new funds such as Ardent, looking to implement scalable solutions. Global Head of Financial Solutions at Apex Group, David Rhydderch commented: "We are pleased to be partnering with Calypso, as they play a key role in adding value to our clients, helping to provide flexibility and resolve the challenges facing them as they scale their businesses. Calypso's platform will power Apex's reporting services and will enable Ardent to save time and increase efficiency."

Mayank Shah, Chief Strategy Officer at Calypso Technology added: "We are excited to be working with Apex, to provide Ardent with decision support, analytics and reporting solutions powered by Calypso. The combination of Calypso's rich product suite and Apex's experience in middle and back office services enabled implementation of a fully hosted environment in six weeks, with the first meeting held less than four months ago. Apex is a long-standing strategic partner of Calypso and the successful implementation of services for Ardent further demonstrates the strength of our relationship and our commitment to our clients."



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