Misys Expands Asset Class Coverage, Improves Risk Management of Derivatives Trading Platform
Misys today is rolling out the latest version of its derivatives trading platform, Misys Summit FT Version 5.3. The new version has new and upgraded modules for equities trading, structured bonds and compliance monitoring.
The result, according to Misys, is deeper integration and improved visibility, including a new market risk limit monitoring dashboard with breach alerts.
Specific new offerings within Misys Summit FT V5.3 include:
A new end to end solution for cash & equity derivatives - Misys has created a new equities platform to provide extended coverage for trading and effectively managing equity cash and equity derivatives. Front to back coverage includes pre-deal checks, real-time positions, portfolio management, pricing, risk analysis, confirmation, settlements, corporate actions, valuation and accounting.
A new module for structured bonds " As many banks are issuing structured bonds to raise funding in a flooded market, there is a need to fully support structured bonds including structuring, issuing, investing, position-keeping, hedging, swapping, credit, and auditing. The new structured bonds module leverages Misys Summit MUST's technology and has been developed in cooperation with KfW, the German banking group, to enable the processing of structured bonds in the same manner as any standard bond. The new module provides enhanced position management, call processing, capital gains, yield calculations, accounting and theoretical valuation.
Market risk limits - To help with the volatility, high volumes and huge risks associated with today's financial markets, Version 5.3 includes a new market risk limits monitoring solution with limit breach notifications and dashboards covering P&L, portfolio or trade sensitivity to risk factors, trader daily volume and many more. Instant notifications through emails, SMS and desktop alerts get information to the right people at the right time, providing an environment of protection and regulatory compliance.
Publish Date:Sep 08, 2008
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