Misys Wins Top Award for Interest Rate Derivatives Processing
By Misys Plc, PRNEMonday, December 14, 2009
Ranked Highly in FX, Credit, Cross-Asset Trading and Structured Products Categories
LONDON, December 15 - Misys plc (FTSE: MSY.L), the global application software and services
company, today announces that it has won first place in the Risk Magazine
Technology Awards 2009 in the category of "Trading Systems, front to back
office - Rates." The achievement is an endorsement of Misys' 20-year pedigree
as a leading provider to the interest rate derivatives market with its Misys
Summit FT solution.
Misys succeeded in gaining four other top five places in other
categories in the global poll of leading financial institutions across the
sell side and buy side. Misys Summit, Opics Plus and Risk portfolio of
solutions were instrumental in the company's success in these four other
categories, which included Cross-asset trading, Credit, FX and Structured
Products. Risk Magazine polled thousands of banks, hedge funds, pension
firms, insurance companies and corporate treasuries for this year's
technology rankings.
Larry Mitchell, VP Solutions Management, Misys Treasury &
Capital Markets states, "These great results underline our commitment to
provide market-leading capital market solutions. We are delighted that the
investment and the constant evolution of our solution portfolio are being
recognised by our clients and the wider industry. We're particularly focused
on ensuring our solutions meet the needs of improving transparency in
derivatives with new market practices and the demands for greater risk
control."
Misys Summit FT's cross-asset and front to back coverage
enables financial institutions to innovate, rationalise systems, monitor and
manage risk and streamline operations. Proven over 20 years in the
derivatives market, this award-winning, solution has in-built risk procedures
for managing, controlling and regulatory reporting on large volumes and
complex positions.
About Misys plc
Misys plc (FTSE: MSY.L), 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
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