Misys Wins Best Trade Processing Product Award for Third TimeBy Misys Plc, PRNE
Sunday, November 21, 2010
LONDON, November 22, 2010 - Misys plc (LSE: MSY), the global application software and
services company, has won the "Best Trade Processing Product" category in the
2010 Banking Technology Awards.
Nearly 1,000 readers of Banking Technology responded to its
survey into the best solutions in several areas of the financial services
sector. Misys Confirmation Matching Service (CMS), the multi-bank,
multi-instrument post-trade solution, won the Readers' Choice for the "Best
Trade Processing Product".
Misys Confirmation Matching Service is a fully-integrated
solution for automated matching of trade confirmations. It facilitates the
confirmation process between SWIFT and non-SWIFT counterparties and offers
them a broad portfolio of post-trade services. More than 900 banks, fund
managers and corporations across the globe rely on Misys CMS for their
confirmation, netting and settlement needs. This allows them to increase
efficiencies and reduce risk without having to allocate expensive human or IT
resources to it.
Neil Macro, Global Head of Sales for the Misys solution,
comments: "This is the third time in four years that we have won this award,
which is a great accolade for our team. It underlines the benefits that our
service gives our customers over and above our competitors' offerings. We
look forward to the next year as we continue to innovate and add further
value to our clients."
With Misys Confirmation Matching Service, confirmations can be
matched or errors identified for follow-up for nearly any treasury or capital
markets instrument, often in less than five minutes, immediately reducing the
window of risk. The service requires no upfront investment in infrastructure
or implementation and allows clients to concentrate their resources on their
business while Misys acts as a trusted third party to match confirmations and
handle other crucial post-trade transactions.
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 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: London, Misys plc, November 22, United Kingdom