Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station make no warranties or representations in connection therewith.
LONDON, March 6, 2013 /PRNewswire/ --
Misys, the global application software and services company is pleased to announce it has won the award for "Best Buy Side Risk Management Initiative" for its Sophis VALUE solution from leading regional investment journal, Asia Asset Management (AAM).
The success marks the third consecutive year that Misys' flagship buy-side platform has been recognized as an industry leader by AAM's Best of the Best Awards and moreover, a back-to-back winner in their risk category, complementing Misys' recent Number One Ranking in the Risk Technology Survey. This industry recognition underlines its leadership position in this important space and follows the recent release of its risk-focused offering, Misys Global Risk (MGR), which launched in Hong Kong at the Asia Risk Congress in November last year.
AAM's Best of the Best Regional awards are designed to identify Asia's top performers from financial services companies and institutional investors, to service providers who have led the way in terms of innovation, service to clients and overall expertise in their field. Sophis VALUE has been selected by leading asset management firms in the region, including Nomura Asset Management. One of the main reasons for the platform's recent success is its ability to deliver fully integrated holistic risk management capabilities that enable investment managers to measure portfolio risk, carry out stress tests and perform VaR and liquidity risk calculations in real time and across multiple asset classes.
Misys will announce a new generation of investment management with the release of Sophis VALUE v5 later this year, which will provide users with a modern and updated interface to improve the usability of the system, as well as the addition of several key modules to improve functionality and asset class coverage. Several enhancements for pre-trade risk control, liquidity risk management and investment accounting in the front-office have also been added to answer the increasing need for further risk measures and analytics, stricter controls and accurate reporting among investment management firms.
Laurent Villiers, Risk Product Manager at Misys Sophis comments, "We are very proud that Sophis VALUE has again been recognised by Asia Asset Management as a leading portfolio and risk management solution. We invest heavily in the development of Sophis VALUE to ensure we are up to date with the rapidly changing risk and regulatory environment. Our goal is to continue to deliver market-leading risk management solutions to our customers, which provide the ability to accurately manage risk cross-asset via an integrated system that spans across the entire business."
Sophis VALUE is a fully integrated cross-asset solution for investment management that leverages straight-through-processing to handle the complete trading life cycle from portfolio management, to middle- and back-office operations, to risk management and compliance. It combines sell-side level financial and technological capabilities with the user-friendliness, modularity, connectivity and ease of implementation required by the buy-side. Sophis VALUE has been adopted by over 90 institutions worldwide, from start-up hedge funds to global asset management companies.
Misys is at the forefront of the financial software industry, providing the broadest portfolio of banking, treasury, trading and risk solutions available on the market. With 1,800 customers in 120 countries our team of domain experts and partners have an unparalleled ability to address industry requirements at both a global and local level.
Misys is able to address all customer requirements across both the banking and trading book businesses. Misys is the trusted partner that financial services organisations turn to for help solving their most complex problems.
Find out more at http://www.misys.com
For further information please contact
Citigate Dewe Rogerson
Global Head of Public Relations
©2012 PR Newswire. All Rights Reserved.