LONDON, November 24 /PRNewswire/ -- Misysplc , the global application software and services company, today announces the release of version 5.4 of its leading treasury and capital markets solution, Misys Summit FT. The release responds to market volatility combined with the need of customers to monitor and manage risk tightly with the introduction of two new solutions for Summit customers.
The new Market Risk Limits Module for Summit FT builds on the current, extensive coverage of limits. It provides banks whose primary dealing system is Summit with a single solution approach. Alternatively, banks that allocate credit and market risk limits across multiple trading systems can now benefit from Misys' enterprise-wide monitoring and control platform, Misys Eagleye, with the introduction of an out-of-the-box interface from Summit FT. Lastly, banks may combine Eagleye and Summit Market Risk Limits where market risk limits are allocated by business unit and credit limits are allocated and monitored across the enterprise.
The Summit FT Market Risk Limits module has already been selected by seven Misys customers. The solution is designed to manage risk limits enabling real-time monitoring, control and action against limit breaches in a wide selection of Summit applications. It monitors a multitude of numbers including positions, risk indicators and profit and loss ensuring that trading activity is scrutinised and controlled as it happens. Limits and breaches are displayed in the blotters of Summit on a real-time basis along with pop-ups alerting to critical issues.
The out-of-the-box Misys Summit FT interface to Misys Eagleye has already been selected by three customers. It provides banks with multiple capital markets applications with an extensible solution that provides a wider view of activity across all trading platforms. Misys Eagleye provides a control layer above a bank's many systems monitoring exceptions as well as distributing this information via alerts and dashboards around the bank.
Larry Mitchell, VP Solutions Management, Treasury Capital Markets, Misys, comments: We strongly believe financial institutions need to have complete transparency of their business risks through instant notification of exceptions to business defined rules, so that appropriate decisions can be made in a timely manner. Through our choice of solutions our Summit clients have been provided with the capability to proactively monitor within Summit and across other applications. Our core focus at Misys is to deliver integrated solutions to customers for true consolidation of risk management measures.
About Misys plc
Misys plc , 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 plc owns a controlling stake in NASDAQ-listed Allscripts-Misys Healthcare Solutions, Inc, a clear leader in the provision of healthcare technology, serving more than 150,000 physicians, 700 hospitals and nearly 7,000 post-acute and homecare organisations. Misys employs around 6,000 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: http://www.misys.com
For further information please contact Edward Taylor Global Head of Public Relations Misys Solutions for Banking and Treasury Capital Markets +44(0)20-3320-5530 edward.taylor@misys.com Sebastian Mathews Financial Dynamics +44(0)207-269-7158 sebastian.mathews@fd.com
SOURCE: Misys plc
CONTACT: For further information please contact: Edward Taylor, GlobalHead of Public Relations, Misys, Solutions for Banking and Treasury Capital Markets, +44(0)20-3320-5530, edward.taylor@misys.com . SebastianMathews, Financial Dynamics, +44(0)207-269-7158, sebastian.mathews@fd.com
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