Capital Markets Brochure - Misys
Capital Markets Brochure - Misys
Capital Markets Brochure - Misys
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<strong>Misys</strong> <strong>Capital</strong> <strong>Markets</strong> Solutions<br />
Leading Technology and Innovation for<br />
Buy- and Sell-Side Financial Services
<strong>Misys</strong><br />
02<br />
leads the market across all capital<br />
markets segments, with nineteen of the<br />
global firms as customers<br />
Contents<br />
Meeting the Needs of a Changing Financial<br />
Marketplace 03<br />
Solutions for Lending 05<br />
Solutions for Cross-Asset Trading 06<br />
Solutions for Risk Management 09<br />
Solutions for Central Counterparty Clearing 10<br />
Solutions for the Buy-Side 11<br />
Solutions for Treasury 13<br />
Solutions for Post-Trade Processing 14<br />
Solutions for Collateral Management 15<br />
Professional Services – Leading the<br />
Way in Customer Service 16<br />
Partners – Teaming for Customer Value 18<br />
top 20
Meeting the needs of a Changing finanCial MarketplaCe<br />
In today’s turbulent markets, both buy- and sell-side financial institutions face many<br />
challenges. They need to stay abreast of regulatory requirements, respond to<br />
changing customer needs and improve their risk management practices while at the<br />
same time continue to grow their business. Subject to a higher level of scrutiny than<br />
ever before, they must also ensure transparency across all areas of their business.<br />
Having the right technology in place will help firms to successfully meet these<br />
challenges. Integrated, responsive and proven software solutions enable firms to<br />
benefit from lower capital requirements, higher credit ratings, increased operational<br />
efficiency, reduced risk and an improved competitive position.<br />
<strong>Misys</strong> is the market leader in providing<br />
software solutions for the capital<br />
markets. The company has more than 30<br />
years of experience and serves over 500<br />
capital markets customers globally,<br />
including 19 of the top 20 firms in the<br />
world. Customers use our solutions to<br />
improve trading and lending<br />
performance through streamlined and<br />
automated processes, to improve<br />
monitoring and reporting, and to extend<br />
risk management ‘best practices’ across<br />
all areas of their business.<br />
A Broad Range of Solutions<br />
With the broadest range of cross-asset,<br />
front-to-back trading platforms as well as<br />
risk management, treasury, lending and<br />
post-trade processing systems <strong>Misys</strong><br />
offers software solutions to meet today’s<br />
capital markets needs.<br />
For Every Type of Financial Institution<br />
Regardless of whether you’re a global<br />
investment bank, a regional bank or a<br />
buy-side firm such as a hedge fund or<br />
asset manager, <strong>Misys</strong> has a solution to<br />
help you run your business more<br />
efficiently and more cost-effectively.<br />
<strong>Misys</strong>’ solutions help financial institutions<br />
to comply with industry regulations, gain<br />
competitive advantage and grow their<br />
business through expansion into new<br />
products, new sectors and new<br />
geographical markets.<br />
On a Truly Global Basis<br />
<strong>Misys</strong> serves customers in 120 countries<br />
from 66 offices worldwide. In keeping<br />
with our commitment to leading<br />
technology and innovation, we have<br />
developed six global development<br />
centres to provide centres of excellence<br />
for research and development.<br />
<strong>Misys</strong>’ Suite of Solutions for<br />
the <strong>Capital</strong> <strong>Markets</strong><br />
Our professional services team provides<br />
implementation services, training and<br />
24/7 support. Further, our extensive<br />
partner network connects us to more<br />
than 100 partners around the world.<br />
These partners give us scalability and<br />
expertise to expand our coverage,<br />
extend our scope and forge deeper<br />
customer relationships.<br />
Our global footprint and expansive<br />
partner network ensure customers<br />
benefit from the best software, services<br />
and support, regardless of their location.<br />
Cross-Asset<br />
Trading<br />
Post-Trade<br />
Processing<br />
Collateral<br />
Management<br />
Improving the<br />
Customer<br />
Experience<br />
Central<br />
Risk<br />
Central Counterparty Risk Management<br />
Counterparty ClearingManagement<br />
Clearing<br />
Lending<br />
Buy-Side Treasury<br />
3
solutions for lending<br />
Today’s lending environment is<br />
characterized by a need to increase<br />
return- on- investment, to improve the<br />
management and control of risk across<br />
the organization, and to meet regulatory<br />
requirements. As such, firms are looking<br />
for solutions that will help them improve<br />
operational efficiency, provide<br />
transparency and achieve growth despite<br />
challenging market conditions.<br />
<strong>Misys</strong>’ syndicated and commercial<br />
lending solutions help clients to do all of<br />
this by providing more accurate and<br />
readily available data, streamlining<br />
workflows, increasing the efficiency of<br />
loan processing and reducing<br />
operational risks and costs.<br />
loan iQ enables institutions to manage<br />
their company-wide lending business<br />
effectively from a single platform,<br />
handling everything from simple bilateral<br />
Over 50%<br />
loans to complex syndications. Seamless<br />
coverage is provided at every stage of<br />
the loan life cycle. All Loan IQ modules<br />
are fully integrated and share the same<br />
database. The result is a unique straightthrough<br />
processing (STP) solution. Today,<br />
fifteen of the top 25 syndicated loan<br />
bookrunners worldwide use Loan IQ.<br />
<strong>Misys</strong> origination is a front-office<br />
module of Loan IQ that provides support<br />
for all of the key loan origination<br />
activities: from prospecting and sales,<br />
through credit analysis and decision<br />
making, to covenant monitoring. Details<br />
of credit terms, borrowing conditions<br />
and deal-related documentation are<br />
available on a single global platform.<br />
This means that critical deal information<br />
can be more easily accounted for and is<br />
accessible to all authorised users within<br />
the organization.<br />
<strong>Misys</strong> portal for loan iQ is a webbased,<br />
front-end application that<br />
enables borrowers to view and manage<br />
all of their Loan IQ activities easily<br />
online. Through this ‘self-service’<br />
portal, borrowers are able to carry out<br />
lending transactions in real-time: this<br />
includes initiating new draw-downs,<br />
increasing loan amounts, and<br />
managing repayments. By providing a<br />
real-time view of all loan transactions,<br />
the solution enhances customer<br />
experience while reducing risk<br />
exposure. A built-in interface to Loan<br />
IQ maximizes STP and operational<br />
efficiencies.<br />
of global loan trades and 33%<br />
of all syndicated loans worldwide are<br />
processed through<br />
Loan IQ<br />
5
solutions for Cross-asset trading<br />
In an increasingly interconnected, global<br />
and highly regulated marketplace,<br />
trading activities across asset classes can<br />
no longer be treated as separate and<br />
distinct business activities. Indeed, firms<br />
are now realizing that they must view and<br />
manage their trading operations as a<br />
single, integrated global business.<br />
Today progressive and forward-looking<br />
firms seek automated, integrated<br />
solutions to handle all aspects of their<br />
trading activities – from valuation, to<br />
end-to-end processing, to central<br />
clearing, to collateral, margin and risk<br />
management – across all asset classes to<br />
provide a single, integrated, transparent<br />
view of their business. While the scale<br />
and perspective of a firm’s operation may<br />
differ depending on whether it is a global<br />
investment bank, a regional bank or a<br />
buy-side firm such as a hedge fund or<br />
asset manager, all institutions share the<br />
need for integrated solutions to<br />
streamline operations, increase<br />
efficiency, and reduce cost and risk.<br />
<strong>Misys</strong> is the leading provider of crossasset<br />
trading solutions. <strong>Misys</strong>’ solutions<br />
are used by 19 of the top 20 global<br />
capital market firms to handle their crossasset<br />
trading needs. <strong>Misys</strong> offers a range<br />
of solutions to meet all needs and<br />
6<br />
budgets. Our cross-asset trading<br />
solutions are summarized below:<br />
summit ft is <strong>Misys</strong>’ flagship solution for<br />
global investment banks. It offers broad<br />
cross-asset coverage including<br />
exchange-traded and OTC derivatives,<br />
fixed income, commodities, FX, equity,<br />
and structured products. Summit FT<br />
processes the most complex of<br />
instruments while managing both market<br />
and credit risk. It provides the oversight<br />
required to help clients to navigate<br />
today’s volatile market environment<br />
successfully. It also enables rapid<br />
connectivity to central clearing<br />
counterparties (CCPs) and offers<br />
comprehensive collateral management<br />
and margining capabilities. Offering a<br />
single solution approach, Summit FT<br />
provides the technology tools to help<br />
financial institutions improve time-tomarket,<br />
increase efficiency and reduce<br />
costs.<br />
kondor + is a trade and risk<br />
management platform which allows<br />
financial institutions to manage global<br />
trading activities on a single, flexible,<br />
extensible platform. It provides real-time,<br />
front-to-back coverage across a full<br />
range of asset classes and market<br />
instruments, from vanillas to exotics and<br />
structured hybrids. The system offers<br />
20 years<br />
comprehensive out-of-the-box<br />
functionality that can be easily integrated<br />
with existing systems. It comes with<br />
standard configurations resulting in<br />
shorter implementation times and it can<br />
be easily customized to meet a financial<br />
institution’s specific needs. Kondor+ has<br />
been installed in more than 450 sites in<br />
67 countries; the system has also been<br />
adapted to meet the local market<br />
requirements for Latin America, the<br />
Middle East and Asia.<br />
sophis risQue is a cross-asset trading<br />
and risk management solution that gives<br />
investment banks extensive coverage<br />
and flexibility across their trading activity.<br />
Sophis RISQUE provides a suite of stateof-the-art<br />
products, designed to help<br />
traders to manage their books<br />
operationally while monitoring and<br />
controlling risk. Offering coverage for<br />
equity derivatives and structured<br />
products, through to high volume vanilla<br />
trading, Sophis RISQUE is global crossasset<br />
system used by many of the world’s<br />
leading players in the derivatives and<br />
structured trading markets.<br />
opics plus is a single platform, fully<br />
integrated treasury and capital markets<br />
solution that handles front-to-back,<br />
cross-asset processing for a wide range<br />
of financial instruments; everything from<br />
More than of expertise working with<br />
complex derivatives including exchange-<br />
traded, OTC and structured products
vanilla to complex derivatives, fixed<br />
income, equity and treasury trades. It<br />
incorporates rich STP and back-office<br />
functionality. Opics Plus also provides a<br />
single view of all financial instruments<br />
across every business unit within a<br />
financial institution, so enabling<br />
consolidation and automation, while<br />
streamlining processing and decreasing<br />
operational risk exposure and costs.<br />
<strong>Misys</strong>’ trading solutions can be<br />
enhanced with the <strong>Misys</strong> Portfolio<br />
Dashboard: a cross-asset application<br />
that delivers a consolidated view of a<br />
firm’s positions and risk in real-time<br />
across the entire organization.<br />
Regardless of how many trading<br />
platforms a firm may use, the<br />
dashboard aggregates position and<br />
market data from any front-office<br />
system into one consolidated view,<br />
ensuring faster and more accurate<br />
decision making for its users, as well as<br />
increased efficiency and reduced<br />
operational risk for the firm.<br />
The <strong>Misys</strong> Business Intelligence module<br />
delivers enhanced reporting tools,<br />
which also complement and extend the<br />
capabilities of <strong>Misys</strong>’ cross-asset trading<br />
solutions.<br />
7
8<br />
Risk solutions need to improve operational efficiency, reduce<br />
costs, improve time-to-market for new business, enhance<br />
decision-making and provide transparency
solutions for risk ManageMent<br />
Post 2008, the landscape for risk<br />
management changed dramatically, with<br />
financial institutions obliged to increase<br />
the effectiveness of their risk<br />
management processes. The challenge is<br />
to enhance risk controls, preserve capital<br />
and meet regulatory requirements, while<br />
at the same time maintain<br />
competitiveness.<br />
To meet these challenges, firms are<br />
seeking integrated, easy-to-implement<br />
enterprise risk solutions that will enable<br />
them to improve operational efficiency<br />
by aggregating risk across all assets, as<br />
well as reduce costs, improve time-tomarket<br />
for new business, enhance<br />
decision-making, and provide greater<br />
transparency for both shareholders and<br />
regulators alike.<br />
<strong>Misys</strong> has leveraged its depth of<br />
experience in developing portfolio<br />
management and trading systems to<br />
develop a global enterprise risk solution<br />
that meets the needs of large global<br />
investment banks, smaller regional banks<br />
as well as buy-side firms.<br />
<strong>Misys</strong> global risk is an enterprise risk<br />
system that allows financial institutions to<br />
proactively and consistently manage<br />
their cross-asset market, credit and<br />
liquidity risk in near real-time. The<br />
solution leverages valuations in frontoffice<br />
platforms to enable risk managers<br />
to run consistent scenarios centrally,<br />
across all assets in the traded portfolio.<br />
Customers benefit from an efficient risk<br />
framework, where pricing duplication is<br />
avoided. They can choose from a range<br />
of standard VaR methodologies to satisfy<br />
ICAAP and internal capital model<br />
approval - full valuation historical<br />
simulation, Monte Carlo simulation and<br />
parametric VaR, for example. Users can<br />
also run sophisticated and flexible<br />
scenario analysis and stress testing<br />
exercises, such as hedging analyses<br />
(parallel, perturbation and curve<br />
hedging).<br />
<strong>Misys</strong> Global Risk also provides limit<br />
checks, performed in real-time on<br />
aggregated enterprise level data. It can<br />
also handle complex customer<br />
hierarchies allowing pre-deal and<br />
‘excess’ approval workflows to be<br />
carried out between the front-office<br />
and the risk control functions within the<br />
financial institution. Current exposure<br />
methods and advanced IMM simulation<br />
models capture the credit risk inherent<br />
in OTC derivatives.<br />
Liquidity management is also<br />
addressed thanks to modules designed<br />
for Basel II / III, asset liability<br />
management (ALM), funds transfer<br />
pricing (FTP) and IAS functions. These<br />
meet the various accounting standards.<br />
The advanced analysis engine and<br />
easy-to-use graphical design tool<br />
enable users to create and run liquidity<br />
stress testing and scenario analysis with<br />
multiple risk factors.<br />
9
solutions for Central Counterparty Clearing<br />
With regulators calling for greater<br />
transparency, enhanced STP, more<br />
effective risk mitigation and<br />
improvements to capital and margin<br />
management, the OTC derivatives<br />
market is facing some of the most<br />
significant changes in its history.<br />
With the recent enactment of the<br />
Dodd-Frank legislation, transparency<br />
(price and volume information, trade<br />
repositories), risk mitigation (central<br />
clearing, capital and margin<br />
constraints), and enhanced STP<br />
(electronic formats, connectivity), are<br />
receiving renewed emphasis by<br />
financial firms and regulators alike.<br />
Since 2009 <strong>Misys</strong> has been working<br />
closely with customers to help them to<br />
address these new demands for<br />
improved transparency and enhanced<br />
risk management. Adopting a<br />
componentized approach to<br />
development, <strong>Misys</strong> has enhanced<br />
Summit FT to include new functionality<br />
that will ensure customers can respond<br />
quickly and efficiently to central<br />
clearing requirements as they arise,<br />
with minimal disruption and risk to their<br />
organization.<br />
10<br />
Enhancements to summit ft mean that<br />
<strong>Misys</strong> can now provide customers with<br />
advanced STP, a comprehensive trade<br />
repository, and integration with<br />
MarkitWire and Markit Trade Manager,<br />
as well as cross-asset collateral and<br />
margin management for both OTC and<br />
exchange-traded derivatives. This means<br />
that firms can manage the complexity<br />
associated with multi-participant<br />
workflow effectively and meet regulatory<br />
requirements for margin and collateral<br />
management in a single, comprehensive<br />
system.<br />
Offered as extensions to the existing<br />
Summit FT solution, a package of<br />
standalone components enables firms to<br />
adopt individual components, adding<br />
new functionality as and when they need<br />
it. This approach allows for an immediate<br />
response to changing regulatory<br />
requirements without unnecessary<br />
disruption, risk, or cost.<br />
Coupled with the existing collateral<br />
management module, kondor + also<br />
enables customers to address new<br />
regulatory requirements on a single<br />
platform. It provides a standard<br />
interface with MarkitWire, allowing<br />
customers to handle the whole trade<br />
workflow in the way required by the<br />
new regulation (trade, novation, and<br />
clearing, among others). Kondor+<br />
delivers standard reporting that allows<br />
users to monitor their transaction flows<br />
and also to control their margin<br />
requirements, as well as end-of- day<br />
processes.
solutions for the Buy-side<br />
Asset managers and hedge fund<br />
managers need to balance innovative<br />
strategies with the constant requirement<br />
to reduce costs. The need to react<br />
quickly to market demands and the<br />
ability to rapidly develop and deploy<br />
new cross-asset products to meet client<br />
needs continue to drive competitive<br />
advantage.<br />
Investment managers need to adapt to<br />
more stringent risk requirements and<br />
trade monitoring, not just because of<br />
regulations, such as MiFID and UCITS,<br />
but also because of increasing pressure<br />
from investors, who are understandably<br />
much more cautious and selective about<br />
how their money is invested. As a result,<br />
real-time visibility of portfolio and risk for<br />
buy-side firms has become a necessity.<br />
The buy-side needs a solution capable<br />
of providing instantaneous valuations of<br />
all instruments within a portfolio as well<br />
as the ability to process and manage all<br />
types of asset classes, including listed<br />
and OTC instruments. Concurrently,<br />
there is also a growing requirement for<br />
an STP approach to automate<br />
cumbersome manual processes, so<br />
reducing the scope for trading errors,<br />
saving time and lowering operational<br />
costs.<br />
The optimal solution would be open,<br />
scalable, and secure, while providing<br />
integrated, flexible, and user-friendly<br />
tools that would benefit all users within<br />
the investment company: portfolio and<br />
fund managers, risk controllers,<br />
operations managers, and IT personnel.<br />
Crucially, the system must comply with<br />
ever-changing regulatory requirements<br />
and provide the transparency currently<br />
demanded by investors.<br />
The acquisition of Sophis enables <strong>Misys</strong><br />
to deliver market leading solutions for<br />
investment management firms. More<br />
than 60 financial institutions worldwide<br />
have implemented Sophis’ buy-side<br />
systems. These range from start-up<br />
hedge funds to some of the largest asset<br />
management companies in the world.<br />
<strong>Misys</strong>’ acquisition of<br />
Sophis enables us<br />
to deliver marketleading<br />
solutions<br />
for investment<br />
management firms<br />
sophis Value is a fully integrated,<br />
modular cross-asset portfolio and risk<br />
management solution. It adopts an STP<br />
approach to handle the complete trading<br />
lifecycle, from portfolio management,<br />
through middle- and back- office<br />
operations, to risk management and<br />
compliance. It combines sell-side level<br />
financial and technological capabilities<br />
with the user-friendliness, connectivity,<br />
transparency, and ease of<br />
implementation that is required by the<br />
buy-side.<br />
11
12<br />
Over<br />
1,000<br />
customers use <strong>Misys</strong>’<br />
treasur y solutions
solutions for treasury<br />
There was a time when treasurers were<br />
primarily responsible for funding, along<br />
with cash and liquidity management.<br />
Today, corporate and financial services<br />
treasurers are becoming involved in<br />
other strategic initiatives; everything<br />
from contributing to corporate financial<br />
management decisions, through<br />
instituting risk management and<br />
compliance measures, to overseeing<br />
enterprise-wide treasury operations.<br />
Treasurers need real-time visibility of<br />
cash positions across the entire financial<br />
institution. They also need flexible<br />
management tools to enable them to<br />
control financial strategies and maintain<br />
company-wide policies. And this<br />
functionality must be delivered on a<br />
single platform to reduce costs and<br />
increase automation, while maintaining<br />
the appropriate risk controls.<br />
<strong>Misys</strong> offers integrated solutions that<br />
span a range of functions across<br />
organizations and that provide both<br />
corporate and financial services<br />
treasurers with the capability to manage<br />
cash, liquidity, capital, and corporate<br />
financial risk.<br />
<strong>Misys</strong>’ solutions can be augmented with<br />
enhanced reporting capabilities using<br />
the <strong>Misys</strong> Business Intelligence module<br />
and with enhanced trading system<br />
aggregation capabilities through the<br />
<strong>Misys</strong> Portfolio Dashboard solution.<br />
summit ft is <strong>Misys</strong>’ flagship solution for<br />
global investment banks with high<br />
volume treasury trading operations.<br />
Summit FT’s broad cross-asset coverage<br />
includes FX and money markets,<br />
exchange-traded and OTC derivatives,<br />
fixed income, commodities, equities and<br />
structured products. The solution<br />
processes the most complex of<br />
instruments while managing both market<br />
and credit risk, providing the necessary<br />
oversight required to successfully<br />
navigate today’s volatile market<br />
environment. It also provides rapid<br />
connectivity to central counterparties<br />
(CCPs), while offering comprehensive<br />
collateral management and margining<br />
facilities.<br />
kondor + is a reference treasury position<br />
keeping system that enables banks to<br />
operate and deploy a global treasury<br />
solution on a single platform, so reducing<br />
total-cost-of-ownership. Partnering with<br />
customers for 15 years has ensured that<br />
Kondor+ has evolved in line with the<br />
latest market practices and trends. The<br />
system provides out-of-the- box, frontto-back<br />
trade processing and real-time<br />
position management across a full range<br />
of asset classes and market instruments.<br />
To meet each financial institution’s<br />
individual needs, Kondor+ has been<br />
designed as an open platform that is<br />
easily customizable. A proven track<br />
record of zero downtime makes Kondor+<br />
the treasury solution of choice for some<br />
of the largest banks in the world.<br />
opics plus is an out-of- the- box solution<br />
enabling financial institutions to<br />
consolidate and streamline treasury<br />
processing, increase STP rates, reduce<br />
the cost of transactions, minimize<br />
reconciliation and provide strategic web<br />
access for their customers. From deal<br />
inception through to settlements and<br />
accounting, Opics Plus handles the entire<br />
treasury lifecycle, including deal capture,<br />
pricing, position management, P & L,<br />
exception-based workflow, payments,<br />
confirmations, accounting and reporting.<br />
It also provides multiple off-the-shelf<br />
interfaces with market data and<br />
electronic dealing providers. Opics Plus<br />
provides transparency through risk<br />
management and compliance tools, as<br />
well as cash forecasting functionality. Its<br />
customization features allow for business<br />
re-engineering and fine tuning by the<br />
firm, as needs evolve.<br />
<strong>Misys</strong> portal for opics plus is a webbased<br />
customer facing solution,<br />
designed to address the e-banking<br />
needs of the bank’s corporate customers<br />
and retail branches. Delivered via a<br />
modern e-banking application and<br />
integrated with Opics Plus, the solution<br />
has been designed to reduce total-costof-ownership<br />
while improving usability<br />
and customer service. <strong>Misys</strong> Portal for<br />
Opics Plus provides all of the benefits of<br />
the existing Opics Plus trading<br />
functionality as well as a web-based userinterface,<br />
security and user management<br />
capabilities.<br />
Confirmation Matching service (CMs)<br />
facilitates the confirmation process<br />
between SWIFT and non-SWIFT<br />
counterparties across all treasury and<br />
capital markets instruments and the<br />
broadest spectrum of counterparties.<br />
The solution tracks and responds to<br />
changing SWIFT standards automatically<br />
and is compatible with a broad range of<br />
back-office systems. This seamless<br />
automation mitigates risk and improves<br />
efficiency by reducing confirmation<br />
errors, so enabling faster processing and<br />
enhanced compliance functionality. Over<br />
1,000 customers currently use CMS to<br />
improve efficiency and reduce risk.<br />
13
In post-trade processing,<br />
competitive advantage is won through<br />
effective solutions<br />
solutions for post-trade proCessing<br />
The importance of post-trade processing<br />
has intensified over the past few years.<br />
Global financial turmoil and the new<br />
legislation that followed illustrated the<br />
fact that inadequate post-trade<br />
processing solutions increased<br />
operational risk and ultimately would<br />
reduce long-term growth prospects.<br />
For sell- and buy-side managers,<br />
effective matching and confirmation<br />
processes are an important subset of this<br />
overall post-trade trend; and they will be<br />
even more important in the future. As<br />
trade volumes continue to grow, the realtime<br />
matching and confirmation services<br />
that can keep pace with these volume<br />
flows become even more crucial.<br />
The post-trade processing environment<br />
has become an area in which competitive<br />
advantages are won (and lost), through<br />
effective solutions. Those financial<br />
institutions that continue to invest in such<br />
services will win out over those who do<br />
not. And this trend will most likely<br />
accelerate as volumes continue to<br />
increase and regulatory and compliance<br />
requirements become more demanding.<br />
14<br />
<strong>Misys</strong> offers a post-trade processing<br />
solution that helps both sell- and buyside<br />
clients to improve their<br />
management of operational risk, reduce<br />
costs and that contributes to their posttrade<br />
competitive advantage.<br />
<strong>Misys</strong> Confirmation Matching service<br />
(CMs) fully automates the trade<br />
confirmation process for over 1,000<br />
customers around the world, including<br />
banks, fund managers, and corporations.<br />
The seamless automation of the solution<br />
mitigates risk and improves efficiency by<br />
means of reduced confirmation errors,<br />
faster processing and enhanced<br />
compliance. Delivered as Software as a<br />
Service (SaaS), <strong>Misys</strong>’ CMS solution<br />
allows clients to automatically match<br />
transactions from both SWIFT and non-<br />
SWIFT partners in a single, streamlined<br />
solution. The solution ensures that the<br />
financial details of FX, money market, put<br />
and call options, OTC derivatives, exotic<br />
options and metals instrument trades are<br />
confirmed in a secure environment.<br />
The sWiftnet service Bureau enables<br />
organizations to access the SWIFT<br />
network without a direct investment in<br />
the SWIFT Alliance Access and Gateway.<br />
Accessed via a single interface, the<br />
SWIFTNET Service Bureau provides<br />
access for the organization’s entire<br />
network of banking relationships,<br />
replacing the need to connect through<br />
multiple e-banking services. The overall<br />
costs and complexity of maintaining an<br />
in-house SWIFT infrastructure are<br />
significantly minimized when outsourcing<br />
SWIFT connectivity to <strong>Misys</strong>, the largest<br />
non-bank SWIFT member. In addition to<br />
interfacing with external treasury<br />
management systems, the <strong>Misys</strong><br />
SWIFTNet Service Bureau can also be<br />
integrated with other <strong>Misys</strong> solutions<br />
including Opics Plus.
solutions for Collateral ManageMent<br />
Recent market events and the enactment<br />
of Dodd-Frank and other global<br />
regulations have elevated collateral<br />
management to the top of the agenda.<br />
Calls for greater transparency and better<br />
risk mitigation, along with the<br />
introduction of central counterparty<br />
clearing (CCP), have also led to new<br />
margin management requirements.<br />
Banks and investment managers need to<br />
make fast decisions on whether to trade<br />
and as to what level of collateral is<br />
required. With the value of assets<br />
changing quickly, the level of collateral<br />
required must be assessed and<br />
valuations tracked on a real-time basis.<br />
A number of <strong>Misys</strong>’ products help<br />
customers to meet their needs for<br />
collateral management.<br />
summit ft incorporates a proven<br />
collateral and margin management<br />
solution, in use today by many major<br />
banks and other financial institutions.<br />
The solution enables the monitoring,<br />
measurement, and management of<br />
counterparty exposure in real-time. Fully<br />
integrated within Summit’s STP workflow,<br />
it delivers the full benefits of its crossasset<br />
strength, helping clients to<br />
manage, control, and minimize risk. The<br />
module has been extended to include<br />
real-time margin call management for<br />
futures and listed options. Customers<br />
now benefit from comprehensive<br />
collateral and margin management for<br />
both complex OTC and exchange-traded<br />
derivatives for bi-lateral trades, as well as<br />
cleared trades, in a single solution.<br />
sophis Value is a comprehensive buyside<br />
solution that manages collateral risk<br />
for OTC products across all asset classes.<br />
It provides real-time management of all<br />
collateral positions, including margin<br />
calls, and it allows users to improve the<br />
management of their overall credit risk<br />
and exposure. Transactions can be<br />
generated automatically to readjust<br />
exposures, and customizable margin call<br />
tickets are fully integrated with the<br />
transaction workflow. Additionally, users<br />
can easily generate and send various<br />
notices and documents to<br />
counterparties, including call and<br />
collateral substitution notices, settlement<br />
and payment instructions, along with<br />
other third-party reports as required by<br />
various regulators.<br />
15
professional serViCes – leading the Way<br />
in CustoMer serViCe<br />
We believe that our value lies in our<br />
ability to unlock the full potential of<br />
<strong>Misys</strong>’ software so that our customers<br />
can not only benefit from their<br />
investment in our solutions but also<br />
expand their use within their<br />
organization.<br />
Ensuring absolute customer satisfaction<br />
in the short and the long-term is a<br />
fundamental tenet of the <strong>Misys</strong> business<br />
philosophy. As such, the professional<br />
services team is focused on delivering<br />
service around three key components:<br />
• Creating exceptional value for our<br />
customers<br />
• Ensuring operational excellence<br />
• Developing unique skills and<br />
knowledge in our people<br />
Partner relationships complement<br />
services and support offerings across all<br />
<strong>Misys</strong> solutions. We engage with both<br />
global and local partners to help us to<br />
deliver the best solution and the best<br />
level of service to our customers in their<br />
local language, and in a way that is<br />
appropriate to the region.<br />
16<br />
Whatever the scope of the project, our<br />
professional services team and our<br />
partners remain committed to ensuring<br />
customer success. To help with this,<br />
<strong>Misys</strong> provides customers with a<br />
powerful support network, including<br />
direct access to the <strong>Misys</strong> support team.<br />
<strong>Misys</strong>’ business and product consultants<br />
bring a wealth of local and international<br />
financial services knowledge to our<br />
customers’ businesses. Specialist<br />
consultants (technical, product, and<br />
implementation) work with customers at<br />
each stage of the relationship from preimplementation<br />
all the way through to<br />
training, support, and maintenance.<br />
These services are provided through the<br />
<strong>Misys</strong> network of international branches.<br />
Ensuring absolute<br />
customer satisfaction<br />
is a fundamental<br />
part of our business<br />
philosophy
services<br />
The services team appoints a single<br />
point of contact who will work closely<br />
with your appointed project leader. This<br />
person is responsible and accountable<br />
for project success. Every project leader<br />
bears a significant responsibility and<br />
provides a safe pair of hands to guide<br />
the project from planning and scoping<br />
through to “go-live”.<br />
Most <strong>Misys</strong> project managers are PMPcertified<br />
leaders. Throughout all<br />
projects, project risks are quantified,<br />
scoped, and managed using the <strong>Misys</strong><br />
project methodology. This enables<br />
<strong>Misys</strong>’ professional services team to<br />
ensure their customers have a quick and<br />
efficient implementation and that they<br />
can realize the value of their investment<br />
as soon as possible. With hundreds of<br />
successful implementations behind us,<br />
we’re proud of our track record.<br />
support<br />
<strong>Misys</strong> fully understands the importance<br />
that banks and other financial institutions<br />
place on improving business resilience<br />
and lowering total-cost-of-ownership. As<br />
such, we realize that support is critical to<br />
customer satisfaction. With more than 30<br />
years of experience in the capital<br />
markets industry, <strong>Misys</strong>’ support team<br />
delivers application support to more<br />
than 500 financial institutions in 100<br />
countries.<br />
With dedicated centres in London, New<br />
York, Manila, and Singapore to provide<br />
round-the-clock support, and with a<br />
global staff of experienced product<br />
specialists, we ensure the smooth<br />
running of our customers’ day-to-day<br />
financial operations.<br />
<strong>Misys</strong> also offers a suite of Premium<br />
Support Services to help clients to<br />
address the myriad of challenges facing<br />
their businesses more effectively: the<br />
mitigation of IT and operational risk;<br />
responding rapidly to demands from<br />
changing business conditions; and<br />
improving the availability of <strong>Misys</strong><br />
applications.<br />
training<br />
<strong>Misys</strong> has training centres in various<br />
locations around the world. Our<br />
education services are designed to<br />
ensure that customers derive maximum<br />
benefit and return-on-investment from<br />
all <strong>Misys</strong> solutions through<br />
comprehensive, structured, end-to-end<br />
training programmes.<br />
Offering a distraction-free learning<br />
environment and access to our solutions,<br />
training is led by <strong>Misys</strong> Academy staff.<br />
For customers who do not want to leave<br />
the office, we also provide training<br />
courses and consultancy on-site or via<br />
the internet.<br />
<strong>Misys</strong> Academy also develops and<br />
delivers e-learning training materials to<br />
complement the customer’s overall<br />
training program. E-learning resources<br />
help to ensure full user adoption and<br />
accelerate the return-on-investment for<br />
the customer.<br />
17
partners<br />
<strong>Misys</strong>’ aim is to help customers to<br />
address their business and technology<br />
challenges and enable them to succeed,<br />
develop new business and grow into new<br />
markets.<br />
Partnerships are essential in helping us<br />
to provide customers with<br />
comprehensive, innovative and worldclass<br />
solutions to meet their changing<br />
requirements more quickly, more<br />
efficiently and more cost-effectively. No<br />
one company can provide all the<br />
solutions needed to meet the diverse<br />
requirements of modern financial<br />
institutions; but with our partners we are<br />
able to create compelling solutions that<br />
enable customers to differentiate<br />
themselves and drive competitive<br />
advantage.<br />
We have built up an extensive partner<br />
network with a variety of capabilities to<br />
fulfill different customer needs and to<br />
drive deeper customer relationships. The<br />
depth and breadth of our network spans<br />
global geographies and encompasses all<br />
lines of business and market segments to<br />
ensure the best possible alignment to<br />
our customers’ demands for integrated,<br />
end-to-end solutions.<br />
18<br />
Key technology and development<br />
partners help to ensure our solutions<br />
leverage the latest technology and<br />
knowledge to deliver optimal<br />
performance, provide cost- effective<br />
solutions and to accelerate time-tomarket.<br />
Our third party solution partners<br />
provide complementary solutions to<br />
complete our own offerings, providing<br />
best-of-breed coverage.<br />
Globally we work with leading consulting,<br />
system integration and implementation<br />
partners whose industry knowledge,<br />
focus and presence enables us to serve<br />
our customers better. We also<br />
understand how important it is to have<br />
the right people, in the right place, at the<br />
right time, so we have developed a<br />
network of ‘in-country’ partners whose<br />
local knowledge and presence can be<br />
leveraged to provide the appropriate<br />
domain support, language and cultural<br />
expertise to ensure we deliver success<br />
for our customers in diverse locations.<br />
This network of world-class partners<br />
ensures the best possible alignment to<br />
our customers’ demands for integrated,<br />
end-to-end solutions and guarantees<br />
that we are equipped to provide the<br />
skills and services they require.
Teaming for<br />
customer value<br />
19
global <strong>Misys</strong> offices<br />
Corporate headquarters<br />
<strong>Misys</strong><br />
One Kingdom Street<br />
Paddington<br />
London W2 6BL<br />
Tel: +44 20 3320 5000<br />
Local freephone: 0800 097 0026<br />
us headquarters<br />
1180 Avenue of the Americas<br />
New York, New York 10036<br />
Tel: +1 212 898 9500<br />
americas<br />
Brazil<br />
Canada<br />
Mexico<br />
United States<br />
asia<br />
Australia<br />
China<br />
Hong Kong<br />
India<br />
Indonesia<br />
Japan<br />
Malaysia<br />
Philippines<br />
Singapore<br />
South Korea<br />
Taiwan<br />
Thailand<br />
europe<br />
France<br />
Germany<br />
Ireland<br />
Italy<br />
Luxembourg<br />
Poland<br />
Portugal<br />
Romania<br />
Russia<br />
Spain<br />
Sweden<br />
Switzerland<br />
The Netherlands<br />
United Kingdom<br />
Middle east and africa<br />
Bahrain<br />
Kenya<br />
South Africa<br />
For further information on<br />
<strong>Misys</strong> solutions contact:<br />
tcm.marketing@misys.com or<br />
visit: www.misys.com<br />
Copyrights and Trademarks<br />
<strong>Misys</strong> and the <strong>Misys</strong> “globe” mark are trade marks of the <strong>Misys</strong> group<br />
companies. Copyright© 2012 <strong>Misys</strong>. All rights reserved.<br />
07/12<br />
United Arab Emirates Find out more at www.misys.com<br />
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