Cross-asset integration, front-back

Misys Summit provides real-time processing of a wide range of financial instruments from vanilla to the most exotic and structured products. The list of supported instruments grows with every new release providing a solution that has true cross-asset integration, front-back.

Fixed income

Misys Summit supports all standard security instruments including government bonds, corporate bonds, emerging markets and Eurobonds along with MBS/ABS securities, exotic structured bond instruments plus credit and equity-linked products. Misys Summit also handles a full range of repos including classic repos, open repos, buy/sellbacks, tri-party repos and securities lending.

Money markets

Misys Summit supports fixed-term loans and deposits, certificates of deposit (CDs), call loans & deposits, bankers' acceptances and commercial paper (CP).

Foreign exchange

FX spot, forward, swap, FX futures and the full range of foreign exchange options are all covered by the Misys Summit solution.

Equity

Misys Summit supports single equity stocks, equity futures, exchange traded options, equity-index stocks, equity swaps, options on stocks, indices and baskets.

Credit derivatives

Misys Summit includes credit default swaps (CDS) and credit linked notes, credit spread options, total return swaps (TRS) plus corporate, emerging market, forward bonds and asset swaps. Collateralised trades covered by the solution include collateralised debt obligations (CDOs), collateralised mortgage obligations (CMOs) and collateralised loan obligations (CLOs).

Interest rate derivatives

Interest rate swaps and cross currency swaps, swaptions, caps & floors, FRAs, futures and options, from the simplest of structures to the most complex are also processed by Misys Summit.

Commercial lending

Misys Summit uniquely includes commercial lending within its cross-asset portfolio. It can handle bilateral and syndicated facilities, including: term, revolver guarantees and letters of credit, allowing for all types of drawdown including: LCs, swinglines, discounted loans, guarantees, fronted bank loans, competitive bids and ancillary facilities.