LONDON, March 10, 2011 /PRNewswire/ -- Misys plc , the global application software and services company, today announces that it has won the leading single technology platform award at the Hedge Fund Journal Awards. Misys Sophis VALUE was recognised by the publication for its complete cross-asset coverage integrated into a single front-to-back solution.

Presented at The Hedge Fund Journal Awards in St. James's, London on 9 March 2011, the award recognises the leading suppliers to the European Hedge Fund Industry. The winners themselves are chosen by a select group from The Hedge Fund Journal and VALUE was chosen as the winner in the Leading Single Technology Platform (Portfolio, Trading and Risk Management) category because of its strength at delivering a cross-asset single technology platform that covers the portfolio, trading and risk management disciplines.

"We are very proud to win this award and to be recognised for the products that we provide to the hedge fund industry," said Pascal Xatart, EVP and CEO, Misys Sophis. "2010 was a great year for our company, with six new European hedge fund customers selecting our products among 21 new buy-side customers worldwide. And with the recent launch of the latest version of VALUE, version 4.1, we look forward to a successful 2011 and to continuing to improve on the products we offer to the buy-side industry."

VALUE is a cross-asset portfolio and risk management solution dedicated to the buy-side, covering the whole STP process: investment management, risk management, middle/back office and accounting. It combines sell-side level financial and technological capabilities with the user-friendliness, connectivity and ease of implementation required by the buy-side.