15th August 2006 - Misys Banking Systems, a global leader in banking software and solutions, announces today the appointment of Steve Victore as managing director of its treasury and capital markets business in the Americas.
"We are delighted Steve is joining us at a time of real growth in the capital markets industry throughout the Americas," comments Edward Ho, CEO Treasury & Capital Markets, Misys Banking Systems. "With financial institutions focusing efforts on the areas of their business which will generate higher margins, we are seeing a surge of interest in our treasury and capital markets products and solutions. I am confident that Steve has exactly the right experience and skills to help us increase our lead over the competition in this exciting market."
Steve Victore brings a wide range of experience from the financial services and technology industries to his role at Misys Banking Systems. He joins from the trading and portfolio management software business, Beauchamp Financial Technology, where he was Group Head of Sales & Marketing and a member of its Board of Directors.
Previously, he has held senior positions in many of the leading financial technology business, including COO of FinTech, the web-based trading & portfolio management software company and Senior Vice President of Key Corp, where he managed trading, portfolio management, brokerage and risk management systems for the company and was also on the Management Committee of its Victory Asset Management business.
Before Key Corp, Steve Victore ran the western hemisphere business of Rolfe & Nolan as its President and CEO and was promoted to CEO of the parent company's Global Capital Markets business within a year of joining. Prior to Rolfe & Nolan, he was General manager of the Americas for Infinity Financial Technology, managing operations and technology groups for Fixed Income Derivatives at Citibank and subsequently Director of Global EMK operations at Bankers Trust.
Steve Victore comments, "The performance of Misys Treasury & Capital Markets has been outstanding since its formation last year, with significant wins that added to what was already one of the most impressive client lists in the industry. With significant product innovation now being rolled out, I am confident that our market share will continue to grow with our traditional client base as well as in the buy-side across the Americas. It is exciting to have the opportunity to work with such a successful franchise that still has room for growth."
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About Misys Banking Systems
Misys Banking Systems supplies over 1,200 customers in over 120 countries, among them 49 of the world's top 50 banks, with software and solutions for retail banking, wholesale banking, treasury and capital markets and risk management. It has 2,500 people around the world, over 70% of whom are outside of the United Kingdom, and sales, implementation and customer support teams in over 28 countries. Misys Banking Systems is part of Misys plc.
About Misys plc
Misys plc (FTSE: MSY.L), the global software company, is one of the world's largest and longest-established providers of industry-specific software. Founded in 1979, Misys serves the international banking and healthcare industries, combining technological expertise with in-depth understanding of customers' markets and operational needs. In banking Misys is a market leader with over 1,200 customers, including 49 of the world's top 50 banks. In healthcare Misys is also a market leader, serving more than 110,000 physicians in 18,000 practice locations, 1,200 hospitals and 600 home care providers. Through Sesame, a wholly-owned subsidiary, the company is also a leading provider of support services to financial advisers in the UK. Misys employs around 6,000 people who serve customers in more than 120 countries. For more information, visit www.misys.com
Misys. Making things that really matter, work better.
