Language change icon for desktop
English  |  Dutch  |  French
/ / Technology

Crédit Agricole Corporate and Investment Bank (CACIB)

Crédit Agricole Corporate and Investment Bank relied on its international back-office application for FX/MM and Fixed Income products on the Calypso as International Bank Office System (CIBOS). But the bank needed to upgrade from V13 to the new V16.1 version or risk system obsolescence. In parallel to this upgrade, Synechron was also engaged to conduct a parallel upgrade of the bank’s database with the choice of Oracle ExaCC.

This CIBOS upgrade was part of a larger major project with CACIB with the dual goals of improving the global FX Chain and to assure the system application upgrade would be able to integrate additional volumes.


For this 18-month CIBOS upgrade project Synechron:

  • Started with an entire inventory of, and collaboration on, all the Calypso functionalities with all users in Paris and Hong Kong.
  • Performed a functional pre-study: determined all the different phases of the projects and of functional testing, and pointed out potential difficulties to focus attention on.
  • Conducted a post-review, implemented a critical phase of creation of test cases and began test executions for detecting issues.
  • Executed these to ensure the new Calypso version would meet the client’s expanding needs which included: all previous capabilities plus a new Task station, product migrations (SecLending, SwapCrossCurrency), and images/signatures on paper confirmations.
/ / Results

This successful project was delivered on time and within budget, and with positive post-production results. What we built/delivered:

Leading Global Retail and Investment Bank
/ /

Hear what our clients have to say about the impact Synechron has made on their projects and their businesses.

A Digital Crossroads with in the Banking Industry.

The Calypso V13 to V16.1 upgrade for our CIBOS instance was a great success. The business analysts’ expertise and the rigorous management of the project made it possible to deliver on time, on budget and on quality. With Synechron’s support we can confidently go ahead with our next Calypso upgrades. Thank you to the whole Synechron team for their strong commitment to the success of this project.


Ludovic Mathé,

CACIB - Global Head of Capital Market IT


A global team with a laser focus

Interested in joining us?

See our current openings

How we’ve helped our clients achieve their transformation goals for other large-scale, global programs