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Misys gains No.1 position in Asia Risk Technology Rankings 2012

Misys topped seven categories demonstrating its leading position in providing broad range of trading and risk management solutions

Misys, the global leader in treasury and capital markets solutions, is delighted to announce that it has won first overall position in the Asia Risk Technology Rankings 2012.

Asia Risk surveyed technology users in the region to find the companies that provide the most advanced technological tools and infrastructure. Excelling in credit, market, liquidity and enterprise risk, Misys led the rankings in seven categories including derivatives, risk pricing and analytics, operational risk management, equities, interest rates, hybrids, and exchange rate and equities trading systems.

The first-place ranking underlines the major investment that Misys has made in its product development over the last few years. The company is focused on providing a higher standard of integrated products to its customers, driven by the breadth and depth of its domain knowledge and experience. As industry leaders, Misys balances an innovative vision with a proven track record to deliver greater value to its customers globally.

One example of this strong focus on innovation is Misys Portfolio Dashboard, to be launched in October. This is an innovative way of delivering a single real-time view of a firm’s positions and risk across the entire trading organisation. By consolidating the results from multiple front-office systems into a single application, it enables faster and more accurate decision making by traders, risk officers and senior management.

Craig Bennett, Regional Director Asia Pacific, Misys, states, “We are so proud that Misys has been recognised by Asia’s leading banks and buy-side firms as the number one provider of banking, treasury, trading and risk solutions. This achievement leverages the combined strength of Misys and Turaz following our successful merger earlier this year. With our broad portfolio of integrated products, Misys is uniquely positioned to help our customers in the region address the challenges they encounter across the entire range of their banking, trading and risk systems.”

Misys has seen a strong growth in its Asia business and has won several new clients in the last few months, adding to the rapidly growing customer base of more than 500 clients. Misys is firmly committed to meeting the demands of financial institutions, which include pricing complex structured products, managing enterprise risk globally following banks’ regional expansion and meeting increasingly strict industry risk management regulations.

Zhang Hairong, Project Manager of Shanghai Pudong Development Bank, one of Misys’ customers in the region, adds, “We operate in an increasingly competitive environment where banks have to function as efficiently as possible, adhere to complex regulatory demands and still maintain a competitive edge. Misys enabled us to achieve this through a unified platform; we were able to effectively manage market risk and fully adhere to Basel compliance requirements improve our internal management. The Misys team demonstrated its thorough understanding of our needs, was highly dedicated in the implementation process and impressed us with its rich regional expertise. I congratulate Misys for this prestigious accolade and I look forward to seeing more of their innovative solutions to help us to continue to meet industry demands.”