Huddlestock: Visigon enters into partnership with T-Systems Nordic for European infrastructure partnership

Under the intended agreement, Visigon can offer clients sovereign European based cloud and AI solutions, combining Visigon’s financial markets and managed services expertise with T-Systems’ European cloud infrastructure.

T-Systems Cloud is intended as the new base infrastructure of the Visigon Cloud offering covering end-to-end hosting and managed service of Nasdaq Calypso X-Asset Front-to-Back trading and treasury management system, as well as hosting of Visigon Impact - (Investment Impact Client Advisory and Reporting tool). This will enable Visigon to offer financial institutions a fully European-hosted manage services solution, with data processed and stored entirely within the EU.

The partnership addresses a growing regulatory and operational demand among European financial institutions for treasury infrastructure that meets EU data sovereignty requirements. By combining Calypso’s institutional-grade functionality with T-Systems Nordic’s pan-European data centre footprint, the Company aims to offer a differentiated alternative in the European treasury technology market.

“Recent geopolitical developments have brought the importance of sovereign infrastructure into sharper focus for financial institutions. By combining Visigon’s capital markets expertise with T-Systems’ sovereign infrastructure, we give clients a strong foundation to modernize their operations and adopt AI with confidence.” says Jens Woeste, Interim CEO of Visigon AB.

“This is one of our first steps towards a more shared direction and commercial force across several product lines, marking our presence as a scalable and proven financial services provider within the European space.” says Ramtin Matin Interim CEO of Huddlestock Group

The parties are working towards a binding agreement. Huddlestock will provide further updates as the partnership progresses.