Calypso upgrade
Minimize risks and disruptions while benefiting from the latest Calypso features with Luxoft’s Calypso upgrade services. As an experienced Calypso Certified Implementation Partner, we make upgrading smooth for investment banks, hedge funds, insurance and brokerage firms and corporate treasuries.
Why choose Luxoft for Calypso upgrades
Global presence
With offices in 28 countries, we offer our clients a powerful range of onshore, nearshore and offshore capabilities. Our global presence also enhances our Calypso upgrades services with local know-how regarding market requirements, regulatory compliance and business conduct.
Hands-on Calypso experience
Whether you opt for Calypso Project Simplify or a straightforward update to Calypso v18, our experts are here to make it happen. We leverage our experience to ensure that your business remains disruption-free and your updated Calypso system performs at its best.
Comprehensive range of services
Our Calypso upgrade specialists work with multiple Calypso versions, including the latest version, Calypso v18. Besides upgrading, we can also take on Calypso maintenance and managed services as required.
Bespoke accelerators
From updating itself to data migration and testing, our extensive project accelerator toolkit streamlines implementation and minimizes risks. Our tools include the Smart-R reconciliation message transformation utilities, CATT test automation tool and CI/CD pipeline.
Recognized Calypso expertise
Luxoft is Nasdaq’s Certified Implementation Partner for Calypso in the Americas, MEA, Europe and APAC. Our experience with the Calypso platform spans almost a decade, during which we’ve become a trusted, time-tested upgrade partner for Calypso users across continents.
Streamline updates with Calypso Project Simplify
Project Simplify is a Calypso upgrades solution that enables your business to continuously benefit from the monthly Calypso updates without the need for bespoke deliveries. It involves a single implementation of Calypso v16+ and an automated monthly rebasing setup. Major upgrades take place every 2 years.
Reduce Calypso TCO, mitigate risks associated with bespoke update deliveries, enhance business agility and improve software quality and reliability with Project Simplify.
Make your transition to the latest Calypso version smooth with Luxoft
Our Calypso capabilities at a glance
80,000
person-days of Calypso implementations executed
85+
Calypso experts on standby
8+
years average Calypso experience of our specialists
News and insights
De-risk your Calypso upgrade with Luxoft
FAQ
Updating Calypso allows you to:
- Leverage the latest functionality and features
- Reduce the total cost of ownership
- Mitigate security and business risks that stem from outdated software
- Maintain vendor support over time
- Ensure business agility and solution scalability
- Avoid software instability and poor performance
- Benefit from improved user experience
- Reduce maintenance costs by moving away from end-of-life Calypso versions
You can opt for a single major Calypso upgrade to a later version. In this case, we upgrade your systems, including the database and bespoke code, to your preferred version without revising your updating processes.
You can also choose Calypso Project Simplify. Here, we ensure you’re prepared for continuous monthly rebasing, allowing you to benefit from regular, smaller updates. Major upgrades still take place once every 2 years.
Upgrading Calypso itself is a five-phase journey:
- Preparing for upgrade (prerequisites check, configuration setup)
- Upgrading the application (new version installation and configuration)
- Upgrading the database and migrating the data if necessary
- Validating and verifying the application configuration and database changes
- Deploying and verifying the application
If you partner with a Calypso upgrades company like Luxoft, the upgrading process is as follows:
- Preparation: Identifying the project’s objectives and scope and establishing a roadmap
- Upgrade: Updating the application and database to a new version
- Transformation: Implementing new features and functionality for the client’s operations
- Quality control: Validating application and database changes
An upgrade partner like Luxoft can also provide training for your in-house Calypso team post-upgrade.