LONDON, March 29, 2012 /PRNewswire/ --
The leading cross-asset provider by Structured Products magazine
Misys plc (LSE: MSY), the global application software and services company, has achieved four top awards in the annual Structured Products magazine technology rankings. Misys achieved top position overall in trading systems, being voted the number one vendor in four categories: Cross-asset, Credit and Interest Rate in the Trading Systems category as well as for Collateral Management in the Risk Management category. Misys was also placed third overall having achieved top three positions in 11 out of the 18 categories - strengthening its overall position in this important industry survey.
Misys has consistently been recognised as a leader in the structured products market. The market has seen significant changes over the last few years. Prior to the credit crisis organisations were focused on solutions that delivered fast innovation - creating new structured products quickly to meet individual customers or specific market needs. Misys was at the forefront of innovation in this area with its Summit FT solution enabling structured products to be built with underlyings that span multiple asset classes. Today Summit FT continues to be recognised as a market leader, ensuring risk control and compliance with rigorous front-to-back processes for structured products.
As a result of closer scrutiny on credit and liquidity pricing, active counterparty risk management and collateral optimisation are also key drivers for technology. Samer Ballouk, Solution Director for Misys' Summit FT solution says, "Misys has invested in collateral and margin management solutions in order to help our customers meet the evolving needs of the marketplace. Summit FT was one of the first trading systems to incorporate collateral management as a module in 2003 and we have continuously invested and grown the solution's coverage as the market has evolved. It is great to see that our developments in this area and also the strong asset class coverage of Misys solutions are being recognised by our customers and the readers of the Structured Products magazine."
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 with over 1,300 customers, including all of the world's top 50 banks. Misys employs approximately 4,000 people and works with over 100 partners globally 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. Working with our extensive partner network, together we create compelling solutions enabling our customers to differentiate themselves and drive a competitive edge.
Misys: experience, solutions, results
Contact us today, visit: http://www.misys.com
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SOURCE Misys plc