Misys Voted Best in Interest Rate and Inflation Categories in Risk Magazine's Annual Technology RankingsBy Misys Plc, PRNE
Wednesday, January 5, 2011
LONDON, January 6, 2011 - Misys plc (LSE: MSY), the global application software and
services company, today announces that it has once again been ranked top
provider for trading systems in the areas of Inflation and Rates. The Annual
Technology Rankings were published in the December 2010 edition of Risk
Risk polled thousands of banks, hedge funds, pension funds and
insurance companies for this year's technology rankings, and received 2,036
valid responses. Respondents were asked to vote for the technology vendors
that provide the best product offering across a number of categories,
including enterprise risk management, risk capital calculation, front- to
back-office trading systems, and pricing and analytics. Only technology end
users were allowed to vote and participants were asked to base their votes on
functionality, usability, performance, return on investment and reliability.
"We are thrilled with the results of the rankings," states Dan
Cohen, Solution Director, Misys Summit. "With the current regulatory reforms
and market practice changes for derivatives it is important for banks to
partner with vendors that have deep market experience and top quality
solutions. Our interest rate and inflation capabilities are second to none,
having brought benefits to our customers across the globe for more than 20
years. These accolades show once again that Summit is the recognised market
leader in the major segment of Interest Rates, which is by far the largest
asset class across all Derivatives and also the leader for Inflation, a
complex and growing segment."
Misys Summit can handle structures involving any asset class,
including inflation and rates, but also credit, FX, equities and commodities.
The solution offers the ability to process and manage risk of all
Derivatives, both OTC and listed, providing banks with the competitive edge
they need both now and in the future.
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 1,200 customers, including all of the world's top 50 banks. Misys
employs around 3,500 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
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 firstname.lastname@example.org Sebastian Mathews Financial Dynamics +44(0)207-269-7158 email@example.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: January 6, London, Misys plc, United Kingdom