Treasury and capital markets software vendor Calypso Technology has appointed Pedro Porfirio, formerly of investment bank Jefferies, as its new senior vice president and chief product officer, officials say.
In his new role, Porfirio will be responsible for “overall product strategy, driving product development and innovation across Calypso’s solutions,” according to a company statement. He will be based in Calypso’s London office, with the global team reporting to him. Calypso is based in San Francisco.
Prior to joining Calypso, Porfirio spent 15 years in senior positions working in foreign exchange and rates trading in both cash and derivatives. Most recently, he was the managing director and head of interest rates derivatives trading, working out of the Jefferies International London office, officials say.
Before his time at Jefferies, Porfirio worked at State Street Bank & Trust, where he was a managing director and head of European rates trading, officials say. He also spent five years at Dresdner Kleinwort, where he was global head of foreign exchange forward trading, and before that he ran the cross currency basis business globally. Prior to that, he spent four years at Lehman Brothers in New York trading rates and foreign exchange.
“We are thrilled to have Pedro join Calypso. He is an accomplished leader with deep experience in capital markets trading and technology,” says Charles Marston, Calypso’s executive chairman, in a prepared statement. “Pedro will drive further innovation and standardization in our product offering as we continue to provide greater value for our customers in capital markets, treasury, investment management, central banking and clearing.”
Calypso officials add that the company will “continue to make significant investments” in new products, and that more than 50 percent of the vendor’s total staff are dedicated to research and development.
Need a Reprint?
Leave a Reply