Launch of first front-office offering in Misys Treasury and Capital Markets’ Loan IQ™ suite provides new STP solution for loan traders and managers

Enhanced real-time P&L and position monitoring is now available to loan traders and managers in commercial lending from today, with the launch of Misys Loan IQ Trader Desktop - the first front office solution in the Misys Loan IQ suite.

Misys Loan IQ Trader Desktop builds on the company’s market-leading middle and back office solutions, enabling financial institutions to cover the entire lifecycle of a loan with one integrated solution. Trading professionals will benefit from enhanced data integrity, reduced operational risk, and increased efficiencies as a result of this new front-to-back straight through processing (STP) solution for loan trading on a single platform.

Bart Narter, Senior Analyst - Banking at Celent, comments: “Real-time information is valuable only to the extent that it is available to those who can act on it. Offering a single integrated front-to-back-to-front solution brings tremendous value to traders, allowing them to act on information as soon as it occurs.”

Misys Loan IQ Trader Desktop requires trades to be keyed in just once throughout the lifecycle of a trade, which eliminates the need for re-keying in the middle and back office. This generates significant time savings and cost efficiencies throughout the entire organisation. It provides loan traders with enhanced functionality including quick trade entry, real-time position and P&L monitoring, and flexible on-demand reporting. Managers will now have the capability to customise information and develop flexible portfolio analysis across the organisation.

“Trader Desktop is already proven. It has been used for three years by a tier 1 global bank to process trades throughout the US and continental Europe,” explains Ken Katz, Misys Loan IQ Global Product Manager, Misys Treasury & Capital Markets. “We worked with them to bring this robust and resilient platform to market, enhancing Misys Loan IQ’s offerings and providing our customers with exceptional front office capabilities. Trader Desktop offers an optimal solution to meet loan traders’ needs and their demanding requirements, all on a single platform.”

Trader Desktop is the first front-office solution in Misys Loan IQ, Misys Treasury & Capital Markets’ best-of-breed solution to improve commercial lending operations. Misys Treasury & Capital Markets creates integrated, comprehensive solutions for financial institutions to manage their capital market activities across multiple asset classes.