Misys Summit FT V5.4 Expands Risk and Compliance Coverage
By Misys Plc, PRNEMonday, November 23, 2009
New Market Risk Limits Module and Integration With Misys Eagleye Maximises Risk Control for Summit Customers
LONDON, November 24 - Misysplc (LSE: MSY), the global application software and
services company, today announces the release of version 5.4 of its leading
treasury and capital markets solution, Misys Summit FT. The release responds
to market volatility combined with the need of customers to monitor and
manage risk tightly with the introduction of two new solutions for Summit
customers.
The new Market Risk Limits Module for Summit FT builds on the
current, extensive coverage of limits. It provides banks whose primary
dealing system is Summit with a single solution approach. Alternatively,
banks that allocate credit and market risk limits across multiple trading
systems can now benefit from Misys' enterprise-wide monitoring and control
platform, Misys Eagleye, with the introduction of an out-of-the-box interface
from Summit FT. Lastly, banks may combine Eagleye and Summit Market Risk
Limits where market risk limits are allocated by business unit and credit
limits are allocated and monitored across the enterprise.
The Summit FT Market Risk Limits module has already been
selected by seven Misys customers. The solution is designed to manage risk
limits enabling real-time monitoring, control and action against limit
breaches in a wide selection of Summit applications. It monitors a multitude
of numbers including positions, risk indicators and profit and loss ensuring
that trading activity is scrutinised and controlled as it happens. Limits and
breaches are displayed in the blotters of Summit on a real-time basis along
with pop-ups alerting to critical issues.
The out-of-the-box Misys Summit FT interface to Misys Eagleye
has already been selected by three customers. It provides banks with multiple
capital markets applications with an extensible solution that provides a
wider view of activity across all trading platforms. Misys Eagleye provides a
control layer above a bank's many systems monitoring exceptions as well as
distributing this information via alerts and dashboards around the bank.
Larry Mitchell, VP Solutions Management, Treasury & Capital
Markets, Misys, comments: "We strongly believe financial institutions need to
have complete transparency of their business risks through instant
notification of exceptions to business defined rules, so that appropriate
decisions can be made in a timely manner. Through our choice of solutions our
Summit clients have been provided with the capability to proactively monitor
within Summit and across other applications. Our core focus at Misys is to
deliver integrated solutions to customers for true consolidation of risk
management measures."
About Misys plc
Misys plc (LSE: MSY), provides integrated, comprehensive solutions
that deliver significant results to organisations in the financial services
and healthcare industries. We maximise value for our customers by combining
our deep knowledge of their business with our commitment to their success.
In banking and treasury & capital markets, Misys is a market leader, with
over 1,200 customers, including all of the world's top 50 banks. In
healthcare, Misys plc owns a controlling stake in NASDAQ-listed
Allscripts-Misys Healthcare Solutions, Inc, a clear leader in the provision
of healthcare technology, serving more than 150,000 physicians, 700 hospitals
and nearly 7,000 post-acute and homecare organisations. Misys employs around
6,000 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 most important industries in 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
Tags: London, Misys plc, United Kingdom