Specifically, Misys ranked number 1 in four categories:
- âDedicated credit risk managementâ;
- âDedicated operational risk managementâ;
- âAsset and liability managementâ;
- âEnterprise risk management/cross-risk integrationâ;
The survey â a poll of leading financial institutions in Asia across the sell side and buy side also garnered Misys with top 3 positions in ten other categories including âTrading systems: Cross-asset (front-to-back office)â, Trading systems: Structured products (front-to-back office)â, and âPricing and risk analytics: Cross assetâ. Overall, Misys ranked 3rd most favoured technology vendor as compared to the 8th place the company achieved in last yearâs survey.
Christopher Jeffery, Hong Kong-based editor of Asia Risk, comments: âTechnology suppliers throughout Asia have increasingly been customising their technology services to meet the demands of clients in the region and exporting these techniques to Europe and the US. The big investments certain vendors such as Misys have made in the region seem to have paid off, with some impressive client wins and improvements in derivatives software offerings.â
To address a shift in the centre of gravity of financial innovation, Misys has set up an Asia product centre in Beijing, with 20 staff dedicated to Misysâ Summit FT and Opics Plus derivatives trading and risk systems, with plans to scale up the resources of the centre in the near future. The new centre is part of Misys' overall expansion of resources in the region, where it increased staff by 65% over the past two years to 850 across 13 offices supporting 195 clients.
Ed Ho, EVP & GM, Misys Solutions for Treasury & Capital Markets, comments: âThese results show how financial institutions in Asia value our solutions and see us as a strategic partner for their success in tough global financial market conditions. We are continuing to invest heavily in our solutions for treasury and capital markets and are totally oriented to the needs of our customers, so we hope to see even better results in next yearâs survey.â
Asia Risk surveyed technology users in Asia in July and received 1,186 responses, a near-fivefold increase on last yearâs 240. Respondents were asked to nominate the companies that provide the best products across categories such as market risk, credit risk, trading systems, analytics and front-to-back-office systems, based on functionality, usability, performance, return on investment and reliability. Asia Risk verified the validity of
votes and discounted invalid votes.
Misys Treasury & Capital Markets has 18 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.