Misys Completes the Acquisition of Sophis Creating the No.1 Capital Markets Solution Provider

By Misys Plc, PRNE
Monday, February 28, 2011

LONDON, March 1, 2011 - Misys plc (LSE: MSY), the global application software and
services company, today announces the completion of its acquisition of
Sophis.

The acquisition, which was approved by Misys shareholders on
11 February 2011, has brought together two of the leading software and
services providers in capital markets, resulting in a combined business that
has the most comprehensive cross-asset and front to back-office coverage
available in the market today.

Sophis solutions are used by financial institutions on both
the sell-side and the buy-side. Its buy-side solutions will help accelerate
Misys' penetration into this lucrative market. Its sell-side solutions,
particularly around the equities, equity derivatives and commodities areas,
are complementary to Misys' existing strong solutions in interest rate
derivatives, foreign exchange and fixed income, as well as its commercial
lending capabilities.

To view a filmed interview giving more details and explaining
the benefits of the acquisition, click on the link to the video
(sites.cantos.com/misys/11/announcement-march-2011/public/).

The two businesses now have more than 1,800 dedicated domain
specialists with an unrivalled knowledge and expertise covering all asset
classes across all functional areas, including trading, investment decision
support, portfolio management, risk management, compliance, pricing and
collateral management.

Mike Lawrie, CEO of Misys, is delighted with the additional
strengths the acquisition brings to the company: "This really catapults us
into the No.1 position in the market. Misys and Sophis clients will both
benefit from this acquisition: Misys customers will be able to take advantage
of the more advanced functionality around equities, equity derivatives,
portfolio management and portfolio analytics from Sophis. Whereas, Sophis
clients will have access to greater interest rate and credit derivatives,
bonds and foreign exchange capabilities from Misys solutions. With the great
news that Sophis is now part of the Misys business, I am confident that we
can now drive even more value for our customers and shareholders."

"Systems that enable traders, investment managers and risk
managers to price and manage any instrument, regardless of complexity or
asset class, encourage innovation in the capital markets, as well as increase
transparency," states Stephen Bruel, Research Director, TowerGroup a
Corporate Executive Board company. "The ability to manage cross-asset
portfolio strategies, combined with comprehensive risk management from the
front to the back office on one integrated platform will keep institutions
ahead of their competitors. Having a single vendor offering this broad
coverage potentially reduces risk for financial institutions."

Sophis solutions now have greater exposure to non-European
markets, in particular the fast-growing Asian and Latin American markets,
through Misys' international footprint and its existing sales and services
infrastructure in these regions. Additionally, the combined solution
portfolio and broader capital markets expertise will provide new customers
with a wider choice of cross-asset coverage.

Sophis, which becomes Misys Sophis, a business unit of Misys,
has approximately 130 financial institutions in its customer base. Among its
80 buy-side customers are organisations such as UBS Global Asset Management,
Groupama Asset Management, Fidelity International and Dexia Asset Management.
Its 50 sell-side customers include Barclays, HSBC, Natixis and Royal Bank of
Canada.

Misys now has over 500 customers benefiting from its broad
range of capital markets solutions and generates more than 60% of its revenue
from the combined capital markets businesses. Misys is a new force in
buy-side systems with 13 of the top 20 asset managers and has added 22 new
customers in 2010.

About Misys plc

Misys plc (LSE: MSY), 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 in banking and treasury & capital markets, with
over 1,300 customers, including all of the world's top 50 banks. Misys
employs around 4,000 people 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 financial services industry throughout
the world.

    Misys: experience, solutions, results

    Contact us today, visit: www.misys.com

    For further information please contact

    Edward Taylor
    Global Head of Public Relations
    Misys
    Solutions for Banking and Treasury & Capital Markets
    +44(0)20-3320-5530
    edward.taylor@misys.com

    Sebastian Mathews
    Financial Dynamics
    +44(0)207-269-7158
    sebastian.mathews@fd.com

For further information please contact: Edward Taylor, Global Head of Public Relations, Misys, Solutions for Banking and Treasury & Capital Markets, +44(0)20-3320-5530, edward.taylor at misys.com; Sebastian Mathews, Financial Dynamics, +44(0)207-269-7158, sebastian.mathews at fd.com

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