19 December - Misys (FTSE: MSY.L), the global application software and services company, has been voted as the number one solution provider for trading in rates and IAS39 compliance in the 2007 Risk Magazine rankings, published today.
The survey - a global poll of leading financial institutions across the sell side and buy side also garnered Misys with further top 5 placings in the 'trading and banking' in the capital risk management field, the 'regulatory' and 'economic' categories in the capital risk calculation field, the 'capital calculation' category in the operation risk field, the 'FX', 'credit', 'cross-asset', and structured products categories in the trading systems field, and the structured products category in the analytics field.
Ed Ho, EVP & GM, Misys Treasury & Capital Markets, comments: "These results show that we are improving our solution offerings and recognized by our clients and the market in general. We are investing strongly in our treasury and capital markets portfolio and totally oriented to the needs of our customers, so I predict we will see even better results in next year's survey."
Risk polled thousands of banks, hedge funds, pension firms, insurance companies and corporate treasuries for this year's technology rankings, and received 320 valid responses. Respondents (split between 41% Europe, 35% North America, 18% Asia and 6% other) were asked to vote for the technology vendors that provide the best product offering across a number of categories, including market risk, credit risk, trading systems, analytics and front- to back-office systems.
Risk Magazine's, Clive Davidson, writes in this month's feature: "Misys was one of the first technology vendors to provide specific support for structured products with the Must module for its Summit trading and risk system, and this has been instrumental in winning deals. It recently won new clients in emerging markets, with sales to Kazkommertsbank, the largest bank in Kazakhstan, and Gnupur, an Iceland-based investment company."
Misys Treasury & Capital Markets has 17 years of experience and unrivalled software development expertise. It creates integrated, comprehensive solutions for financial institutions to manage their capital market activities across multiple asset classes.
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For further information or to request an interview with a Misys spokesperson, please contact:
Stephen White
Misys Treasury & Capital Markets
t. +44 (0) 207 757 6134
stephen.white@misys.com
Nick Parker
Financial Dynamics
t. +44 (0)20 7269 7181
nick.parker@fd.com
About Misys plc
Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to organisations in the financial services and healthcare industries. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success.
In banking and treasury & capital markets, Misys is a market leader, with over 1,200 customers, including all of the world's top 50 banks. In healthcare, Misys is a market leader, serving more than 100,000 physicians in 18,000 practice locations and 600 home care providers. Misys employs around 4,500 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 the most important industries in the world.
Misys: Experience, Solutions, Results
Contact us today, visit: www.misys.com
