Calypso Technology, a US-based provider of integrated capital markets platform, has opened an office in Dubai, UAE.

Located in the Dubai International Financial Centre, the new will serve as sales and marketing base as well as a professional services hub for the region.

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Previously, the territory had been managed from Calypso’s Paris office, but with the recent on-boarding and growth of new clients including Riyad Bank and Emirates NBD, a local presence was required.

Charles Marston, CEO and chairman of Calypso, said: "In our fifteen years of operation, we have always deemed it invaluable to be close to our clients, so establishing a Middle Eastern presence is a natural progression.

"We have been in the region since 2007 and through research and practical experience, we have a firm understanding of market trends and requirements, and have become more integrated with its financial community," Marston added.

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