Misys Overall winner for market, credit, counterparty, liquidity, aggregation and Basel III and first place in eight other categories
Misys, the global leader in financial services software, has been honoured with the overall winner in the enterprise-wide risk management, according to the 2014 Risk Technology Rankings.
The first place position underscores the ability of Misys to enable clients to respond to all regulatory compliance and reporting requirements. The company has been awarded first place in eight of the categories in this year’s rankings, including trading systems (Equities, Forex and Rates), enterprise-wide risk management and liquidity management, regulatory compliance and reporting, and for the first time in the area of risk data repositories and data management. Misys also won for the second year running the system support and implementation category, due to its proactive support and repeatable implementation and delivery methodologies for its clients.
The 2014 Risk Technology Rankings were announced as a result of several thousand subscribers of Risk Magazine being canvassed, including representatives of the leading banks and financial institutions, asset managers and hedge funds. The awards identify the best product offering based on functionality, usability, performance, return on investment and reliability in a wide range of categories covering all aspects of trading systems, pricing and analytics and risk management.
Misys FusionRisk has won several accolades as well as the “Best Use of Technology in Risk Management” last month. It provides its clients and the market-leading capabilities to meet regulatory requirements, including BCBS Rule 239. A critical objective to meeting BCBS 239 requirements is risk data aggregation and meaningful reporting. Misys FusionRisk has helped a multitude of clients to aggregate risk, including counterparty and country risk, in a timely manner, and improve on their reporting capabilities, allowing them to make better strategic decisions around products and markets.
“The team at Misys is thrilled to receive these awards,” states Thierry Truche, Head of Product Management, Misys FusionRisk. “Our leading capabilities provide our clients with the most advanced solutions to gain better visibility of risk exposure across the trading and banking books and report on the situation in real-time so that better informed decisions can be made. We are delighted that we have again come first in so many categories as we continue to meet the risk challenges faced by financial institutions throughout the world.”
More than 300 customers benefit from improved visibility of the risk they are exposed to across their trading and banking business. These customers are able to coordinate, control and manage risk from every part of their organisation, allowing them to make proactive business decisions based on comprehensive risk intelligence, which is vital to any organisation. Misys has a total of more than 2,000 banks and financial institutions that derive value from its solutions to the ever-changing challenges they face in banking, trading, lending and risk management.
source : bobsguide.com