LONDON, November 7 Misys (LSE: MSY), the global
application software and services company, was awarded 'Best Trade Processing
product' for the second year in a row for its innovative web-based trade
processing solution, Misys Confirmation Matching Service (CMS) - formerly
Misys Treasury Plus - at the annual European Banking Technology Readers'
Choice Awards dinner in London on 6th November 2008.
Banking Technology's readers were asked to vote on what they consider to
be the best solutions in a range of categories. Voting through a web-based
system, more than 1,000 votes were cast, with Misys short-listed in two
categories. In the end, Misys CMS, a leading post-trade confirmation-matching
service used by more than 850 banks, fund managers, and corporations globally
to match and settle trades, was announced as a Readers' Choice winner.
One prominent customer using Misys CMS is British retailer, Tesco. Adam
Boukadida, Treasury Systems Manager at Tesco Plc comments: "Since
implementing Misys CMS, the number of trades confirmed electronically has
risen by 80% and we're now looking to push this as close to 100% as possible.
Our previous confirmation matching system offered limited instrument coverage
and did not fully integrate with our treasury management system. Misys CMS
was able to demonstrate its broad asset class coverage, and full two-way
integration with our treasury management system."
The Readers' Choice Awards were created to recognise the fact that
financial institutions are increasingly turning to independent software
providers in search of solutions to a range of issues that would once have
meant an expensive bespoke development.
Neil Macro, Head of Sales EMEA, Misys Confirmation Matching Service,
comments: "It's fantastic to win this award for a second year in a row. We've
recently added major new functionalities to our fully hosted and web-based
solution including a redesigned standing settlement instructions summary
screen, which allows users to customize and simplify views and the ability to
run reports and view billing details for OTC, Commodities and Universal Trade
Confirmation (UTC) activities. I believe our clients are feeling the added
benefits of our innovation to their businesses."
Misys Solutions for 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.
About Misys plc
Misys plc (LSE: MSY), provides integrated, comprehensive solutions that
deliver significant results to organisations in the financial services and
healthcare industries. We maximise value for our customers by combining our
deep knowledge of their business with our commitment to their success.
In banking and treasury & capital markets, Misys is a market leader, with
over 1,200 customers, including all of the world's top 50 banks. In
healthcare, Misys plc owns a controlling stake in NASDAQ listed
Allscripts-Misys Healthcare Solutions, Inc, a clear leader in the provision
of healthcare technology, serving more than 150,000 physicians, 700 hospitals
and nearly 7,000 post-acute and homecare organisations. Misys employs around
6,000 people who serve customers in more than 120 countries.
We aspire to be the world's best application software and services
company, delivering results for the most important industries in the world.Misys: Experience, Solutions, Results
Contact us today, visit: http://www.misys.com
For further information or to request an interview with a
Misys spokesperson, please contact:
Stephen White
Misys Treasury & Capital Markets
t. +44-207-757-6134
stephen.white@misys.com
SOURCE Misys plc
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