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Misys wins top award for Interest Rate Derivatives Processing
Misys wins top award for Interest Rate Derivatives Processing
Ranked highly in FX, Credit, Cross-asset trading and Structured Products categories
15 December 2009 – 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.
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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
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
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