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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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