LONDON, November 14, 2011 /PRNewswire/ --
Misys plc (FTSE: MSY.L), the global application software and services company, today announces that the analyst firm Gartner, Inc. has positioned Misys in the "Leaders" quadrant in the 2011 Magic Quadrant for Treasury and Trading Systems*.
The Gartner Magic Quadrant captures the major, global system providers that offer institutions the broadest range of functionality across the treasury and trading operations of financial institutions. This Magic Quadrant, a first for treasury and trading systems, analysed providers of platforms that optimise the management of financial transactions for multiple asset classes.
"We believe our leadership position in this new Magic Quadrant underlines the attractiveness of our world-class solutions covering our customers' requirements across all asset classes," comments Ed Ho, EVP and general Manager, Misys Treasury & Capital Markets. "In these volatile economic conditions, it is vital that financial institutions have a stable and proven technology partner that they can rely on to help them drive more efficiency in their operations and to cope with the ever-changing regulation environment.
The Gartner report states, "This Magic Quadrant is significant in helping financial institutions make the right selections for consolidating or selecting new platforms." Ed Ho agrees: "We have had very positive feedback and buy-in from our customers to our solution roadmaps. Our solutions focus on facilitating trading desk integration, improving risk management, responding to market changes and regulations such as central counterparty clearing, and reducing overall total cost of ownership for our customers. With this positive positioning from Gartner, our clients can now be even more confident that we are a strong partner, with a proven track record of success."
The research evaluated each company against the criteria of "Completeness of Vision" and "Ability to Execute". For Completeness of Vision, the Gartner analysts assessed the ability to convincingly articulate logical statements about current and future market direction, innovation, customer needs and competitive forces, and how well they map to the Gartner position. For Ability to Execute Gartner looked at the quality and efficacy of the processes, systems, methods or procedures that enable IT provider performance to be competitive, efficient and effective, and to positively impact revenue, retention and reputation.
* Gartner, Inc. Magic Quadrant for Treasury and Trading Core Systems, David Furlonger and Douglas McKibben, 1 November 2011
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Misys plc
Misys plc (FTSE: MSY.L), 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 financial services industry throughout the world.
Misys: experience, solutions, results
Contact us today, visit: http://www.misys.com
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Global Head of Public Relations
Solutions for Banking and Treasury & Capital Markets
SOURCE Misys plc