Improved Risk Management and More Informed Investment Decisions With Latest Version of Misys Sophis VALUEBy Misys Plc, PRNE
Sunday, May 15, 2011
VALUE 4.2 Enables Buy-side Firms to Deploy Robust Risk Management and Improve Operational Efficiency
LONDON, May 16, 2011 - Misys plc (FTSE: MSY.L), the global application software and services
company, today announces the launch of Misys Sophis VALUE 4.2. The latest
version of its award-winning investment management solution significantly
improves risk management capabilities, broadens asset class coverage and
enhances operational efficiency for buy-side firms.
Investment managers will benefit from the new enhancements in the
solution which have been developed as a result of market changes and customer
feedback. VALUE 4.2 brings buy-side customers complete cross-asset class
coverage through a single integrated investment platform. The new solution
allows users to make more informed decisions about their portfolio and
trades, allowing firms to enhance overall performance.
"We have worked very closely with our customers to continue to develop
the solution and to improve operational performance and efficiency," states
Sylvain Privat, Product Manager, Misys Sophis VALUE. "This solution enables
investment managers to be in complete control of the risk exposure associated
with their whole portfolio. The financial crisis has deeply changed the way
investment companies are looking at risk and imminent regulations are about
to define new standards for managing risks. In VALUE 4.2, enhancements on
pre-trade risk control, liquidity risk management and real-time VaR
calculation answer the increasing need for more risk measures, more control
and more reporting."
Misys Sophis is the only technology provider to combine all the key
elements into a single solution: Cross-Asset Coverage, Decision Support, Risk
and Compliance Management, STP Operations Management and Performance
Attribution. Investment managers can now control the risk and performance of
their business more effectively and can access information in one place,
Further information on the major enhancements to Misys Sophis VALUE 4.2:
VALUE 4.2 has significantly broader coverage and enhanced support for
each asset class:
- Improved portfolio swaps and price return swaps capabilities
provide even greater flexibility for users.
- Bonds and Convertible Bonds can now be underlying assets for
Contracts for Difference (CFDs). These CFDs closely track the price of the
bonds, increasing the potential revenue for investment managers. Collateral
management has been enhanced to support initial and variation margins on
- Credit-linked notes are now available as a specific
multi-currency asset class. Credit risk of the issuing company and the
reference entity are taken into account for the different default events.
Instrument pricing, risk measurement and cash flow projections help measure
the specific impact of credit-linked notes on the portfolio throughout the
- In commodities there is enhanced management of physical gas
products such as gas US basis swaps contracts.
- A new instrument, exchange-traded funds (ETFs), has been
added providing multiple pricing models for ETFs based on constituents or
Investment Decision Support
The investment decision support tools for portfolio managers have been
enriched in VALUE 4.2 with the ability to adjust order exposure across
multiple rebalancing indicators at any one time. They also provide more
capacity to manage large bond or convertible indices and to use them for
portfolio modeling or performance attribution.
Risk & Compliance Management
Liquidity risk: Portfolio managers can now track the liquidity of their
portfolios with new liquidity risk indicators available in front-office
views. Risk managers can also calculate liquidity-adjusted value at risk to
estimate the potential impact of illiquid positions. Compliance management:
Operational risk is greatly reduced through the new four-eyes checking module
and a new e-mail notification tool improves alert management.
STP Operations Management
Position management becomes simpler and even more scalable with a new
event diary. The comprehensive event dashboard allows investment managers to
handle the complexity of large cross-asset portfolios with greater confidence
and speed. It also makes the processes more transparent, improving
operational risk and increasing efficiency.
Users are able to report on the performance attribution for every asset
class. For instance, the active return of a fixed income portfolio can be
segmented into currency effect, time effect, yield curve effects and spread
effect. Returns are calculated and stored at the position level so they can
be quickly accessed to give a true measurement of the performance of a
About Misys plc
Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions
that deliver significant results to financial services organisations. We
maximise value for our customers by combining our deep knowledge of their
business with our commitment to their success.
Misys is a market leader with over 1,300 customers, including all of the
world's top 50 banks. Misys employs approximately 4,000 people and works with
over 100 partners globally who serve customers in more than 120 countries.
We aspire to be the world's best application software and services
company, delivering results for the most important industries in the world.
Working with our extensive partner network, together we create compelling
solutions enabling our customers to differentiate themselves and drive a
Misys: experience, solutions, results
Contact us today, visit: www.misys.com
For further information please contact: Edward Taylor Global Head of Public Relations Misys +44(0)20-3320-5530 firstname.lastname@example.org Sebastian Mathews FD +44(0)20-7269-7158 email@example.com
Tags: London, May 16, Misys plc, United Kingdom