Misys Excels in Structured Products Technology RankingsBy Misys Plc, PRNE
Wednesday, April 6, 2011
Latest in a String of Awards for the Innovative Solutions From Misys
LONDON, April 7, 2011 - Misys plc (FTSE: MSY.L), the global application software and
services company, today announces that it has come first in three categories
in the annual Structured Products Technology Rankings. The company has scored
impressive results in the rankings overall, strengthened by the
newly-acquired Sophis solutions.
Misys Summit MUST came top in the category for Trading Systems
- Interest Rates. Meanwhile Sophis came top in Equities for both the Pricing
& Analytics and the Trading Systems categories. Both Misys and Sophis were
also awarded top three places in a number of other categories, demonstrating
broad buy-side and sell-side coverage.
The high rankings gained by Misys demonstrate the
complementary capabilities of the solutions developed by Misys and Sophis and
underline the rationale for the acquisition of Sophis in March 2011.
Ed Ho, EVP and General Manager, Misys Treasury & Capital
Markets, comments: "The successes of Misys and Sophis in these rankings are a
great recognition of the product sets in both companies, but more
importantly, are a great demonstration of the complementary nature of the two
companies. Now with 500 capital markets customers globally and 1,800 domain
specialists, Misys has a cross-asset capability second-to-none that spans the
capital markets space."
All asset classes were included in the categories, evaluating
capabilities in pricing and analytics, risk management, regulatory, limits
and collateral management. The rankings recognise the key vendors and
solutions in the capital markets industry and highlight the technologies of
choice for financial institutions.
Summit MUST enables structured products to be created from any
combination of OTC instruments and securities, without custom programming,
using the same core system and workflow, documentation and risk routines as
flow trades. The solution provides greater flexibility, control and reporting
than spreadsheet or rigid in-house systems. Important aspects of the solution
that help to manage risk include collateral management, flexible valuation
and accounting, which are all parts of the front-to-back process in Misys
The combination of Sophis VALUE for the buy-side and Sophis
RISQUE for the sell-side made a winning combination in the rankings. VALUE is
a cross-asset portfolio and risk management solution dedicated to the
buy-side, covering the whole STP process: investment management, risk
management, middle/back office and accounting. It combines sell-side level
financial and technological capabilities with the user-friendliness,
connectivity and ease of implementation required by the buy-side. RISQUE
allows the portfolio to be analysed from as many angles as the trader
chooses, from the most vanilla of flow business to the most advanced reaches
of the OTC market. RISQUE is used by more than a third of the world's top 25
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 email@example.com Sebastian Mathews Financial Dynamics +44(0)207-269-7158 firstname.lastname@example.org
For further information please contact: Edward Taylor, Global Head of Public Relations, Misys, +44(0)20-3320-5530, edward.taylor at misys.com ; Sebastian Mathews, Financial Dynamics, +44(0)207-269-7158, sebastian.mathews at fd.com
Tags: April 7, London, Misys plc, United Kingdom