Misys voted best for trading in rates and IAS39 compliance in 2007 Risk Magazine rankings

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 a 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 are 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.