Three customer conferences for Misys Opics Plus, Misys Summit and Misys Loan IQ see hundreds of Misys customers congregate in Miami
9th November 2006 - Misys Banking Systems, a global leader in banking software and solutions, today announces that demand for its treasury and capital markets range of products is stronger than ever, following three very successful customer conferences held in Miami over a two-week period.
Customers of Misys Opics, Misys Opics Plus, Misys Summit and Misys Loan IQ met to network with their peers and Misys experts, discuss the challenges and opportunities created by the double digit growth in today's marketplace. They also were able to observe the latest product innovations and see and provide input into the product roadmaps.
Steve Victore, Managing Director, Treasury & Capital Markets Americas, Misys Banking Systems, comments, "It was really exhilarating to see so many of our customers coming together to talk about the issues affecting them and sharing their experiences and feedback with their peers. All the attendees were focused on how we could support them and their businesses as product innovation and rapid volume growth increases their requirements for functionality, agility and scalability in their systems. There was a real spirit of collaboration as our customers learnt about the significant enhancements we have made to our treasury and capital markets facing products. They also gave us valuable feedback into our future direction so that we can further support the critical areas in their businesses. We have well established user groups for Opics Plus and IQ and to see the interest generated by reflecting that best practice with Summit was particularly pleasing."
Microsoft attended the Misys Opics Plus conference to engage with customers on how Opics Plus leverages .NET's capabilities and the 400% performance improvements seen in tests at its Redmond labs. The users also got to see in-depth demonstrations of new front and middle office functional enhancements in the Risk, Credit and OTC modules, as well as the operational benefits offered by the potential to customise a workflow and process for each trade with behaviour manager.
Misys Summit customers drove forward the principle of running their first official Summit User Group, which would feed ideas into future developments to the Summit product. The users reviewed some of the recent enhancements including MBS, inflation derivatives, daily task manager and the re-architected mould-breaking credit derivatives module.
High on the agenda at the Misys Loan IQ customer conference was the continuing need to support the innovation and high volume growth in syndication and secondary lending, whilst meeting increasing demands for internal and external compliance. New functionality shown at the Loan IQ user conference included the Trader Desktop, providing real-time P&L exposure for secondary loan trading; a first for a commercial lending system. Customers also saw the potential to proactively manage their trading and operational activities with the use of Eagleye, Misys' rules-based business monitoring, compliance and limits system, interfaced with Misys Loan IQ.
Steve Victore adds, "We very much look forward to taking the plans forward with our customers and to holding similarly successful events for our treasury and capital markets customers in the near future. We will bring these opportunities to our global user base with further events in Europe in December and in Asia Pacific in January 2007."
The dates and venues for the next conferences are as follows:
- Misys Summit: Runnymede, UK - 3rd to 5th December 2006
- Misys Loan IQ: Runnymede, UK - 6th to 7th December 2006
- Misys Opics and Opics Plus: Jakarta - 16th January 2007
- Misys Opics and Opics Plus: Manila - 19th January 2007
- Misys Summit: Macau - 23rd January 2007
- Ends -
For further information, please contact:
Edward Taylor
Global Head of PR
Misys Banking Systems
+44 (0)20 8486 1661
edward.taylor@misys.com
Caroline Parker
Financial Dynamics
+44 (0)20 7269 7295
caroline.parker@fd.com
About Misys Banking Systems
Misys Banking Systems supplies over 1,200 customers in more than 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 and sales, implementation and customer support teams in nearly 30 countries. One third of the world's commercial loans, half of traded loan volumes and one in every eight global FX transactions are conducted using Misys systems. Misys invests heavily in research and development and is one of the top industry spenders, investing nearly ten per cent of total revenue per annum. 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
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