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Opics Plus Brochure - Misys

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<strong>Opics</strong> plus<br />

YOur platfOrm fOr success


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

more than ever, financial institutions need technology powerful enough<br />

to handle the complex requirements of a global marketplace delivered<br />

by a technology partner they can trust.<br />

the misys <strong>Opics</strong> family has a proven track record<br />

of innovation and reliability, established through<br />

successfully delivering solutions to many of the<br />

world’s leading financial institutions across numerous<br />

client sites globally.<br />

misys’ <strong>Opics</strong> plus is the new .Net smart client<br />

release of <strong>Opics</strong>. it is a comprehensive solution for<br />

front-to-back office, cross-asset processing of a wide<br />

range of financial instruments. in a single system,<br />

it handles vanilla and complex derivatives, fixed<br />

income, and equity and treasury trades.<br />

<strong>Opics</strong> plus combines unparalleled integration<br />

across financial instruments and across the different<br />

departments of a financial institution. as a result,<br />

it is the ideal solution for financial institutions looking<br />

to reduce costs through adopting a centralised<br />

approach to systems and operations.<br />

as the financial market continues to globalize<br />

and as the industry becomes more competitive –<br />

organisations are looking to increase revenues,<br />

reduce risk, reduce costs and improve<br />

customer service.<br />

at the same time, organisations are rationalising,<br />

streamlining their operations, in a climate of ever<br />

more stringent regulation.<br />

Our strength comes not just from the industryleading<br />

solutions from misys, but also from our<br />

unparalleled breadth of resource. misys people<br />

share unique knowledge, experience and insight<br />

into the needs of our clients.<br />

that depth and breadth means we can provide our<br />

clients with an enlightened and innovative view of<br />

how to deploy technology to the greatest commercial<br />

advantage – based on the collective wisdom of the<br />

banking network.<br />

2 <strong>Brochure</strong><br />

<strong>Misys</strong>: the treasury and capital<br />

markets specialist<br />

as one of the world’s largest and longest established<br />

software vendors, misys specialist teams help<br />

financial institutions to meet the varied challenges<br />

of today’s complex markets.<br />

misys serves customers in 120 countries around the<br />

globe, and has over 4,000 staff members, including<br />

1,800 capital markets experts, who are located in<br />

over 35 offices worldwide. We bring together<br />

breadth and depth, through a unique combination<br />

of global experience, local knowledge and unrivalled<br />

industry insight.<br />

Multi asset class coverage<br />

Front-to-back processing<br />

<strong>Opics</strong> plus provides traders with the tools they need<br />

to manage their trading operations effectively. the<br />

solution provides deal pricing, deal entry, position<br />

keeping and risk management in a real-time, trading<br />

room environment.<br />

<strong>Opics</strong> plus delivers a fully integrated, front-to-back<br />

solution ideally suited to meet the demands of a<br />

straight-through-processing (stp) environment.<br />

By running the entire front-to-back office on a single<br />

database and underlying platform, <strong>Opics</strong> plus<br />

enables consolidation and automation while reducing<br />

both the cost and the risk associated with system<br />

connectivity, data reconciliation and maintaining a<br />

business support infrastructure.


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

The flexible design and architecture of <strong>Opics</strong> plus ensures rapid pricing<br />

and risk calculations and allows users to manage the high volumes<br />

and growing complexity of financial instruments. this, in turn, means<br />

organisations need fewer systems and less manual processing and,<br />

crucially, it enables them to take new products to market much more<br />

quickly and more efficiently.<br />

the flexibility and scalability of <strong>Opics</strong> plus means that<br />

it meets every trading requirement, whether on the<br />

trading floor or in the back office, and whether your<br />

organisation has operations in one country or across<br />

the world.<br />

Core treasury<br />

<strong>Opics</strong> plus is a market leading treasury system that<br />

covers all aspects of a financial institution’s treasury<br />

operations including foreign exchange<br />

and money market – from deal inception through<br />

to settlements and accounting.<br />

the system’s core treasury processing has been<br />

proven over many years in production environments<br />

at some of the world’s largest financial institutions.<br />

support for foreign exchange includes spots,<br />

forwards, swaps, option takedowns and non<br />

deliverable forwards including full fX corporate<br />

functionality. exchange traded derivatives<br />

functionality extends the core treasury suite to<br />

include futures strips, exchange for physicals, interest<br />

rate, currency, bond and commodity futures and<br />

options processing.<br />

for money markets, <strong>Opics</strong> plus fully supports both<br />

short and long term deposits and loans, fixed and<br />

variable rates, cDs along with standard fixed income<br />

and repurchase agreements for us treasury<br />

instruments, corporate bonds, discount, amortising<br />

and coupon-bearing instruments.<br />

Capital markets<br />

<strong>Opics</strong> plus supports a vast number of standard<br />

government and corporate securities within the<br />

global markets. in addition, it has the flexibility<br />

to create formulaic interest calculations of more<br />

complex, structured, non-standard securities.<br />

the solution supports standard debt instruments<br />

including discount and coupon bearing, assetbacked,<br />

annuities, amortising instruments, inflation<br />

adjusted instruments, and multi-currency instruments.<br />

<strong>Opics</strong> plus also supports proprietary equity trading<br />

with automated real-time feeds of equity trades and<br />

prices from an exchange, automated dealing or other<br />

external system.<br />

instruments covered within the product suite include<br />

fixed income, mortgage-backed securities (mBs),<br />

equities, sell/buy backs, repurchase agreements and<br />

securities lending.<br />

Derivatives<br />

<strong>Opics</strong> plus brings derivatives trading and processing<br />

under the standard of cross-asset processing for<br />

position management, workflow, trade confirmation<br />

accounting and settlement.<br />

it supports a large variety of standard derivative<br />

instrument types plus the ability to support nonstandard,<br />

more complex instruments through the<br />

formulaic calculation of interest and embedded<br />

options.<br />

<strong>Opics</strong> plus offers over-the-counter vanilla and exotic<br />

options on foreign exchange, fixed income, equities<br />

and commodities. functions include deal allocation<br />

assignment and pair-off and block exercise/trigger.<br />

the solution also supports a full range of swap<br />

instruments from vanilla interest rate and currency,<br />

swap options, and caps & floors, to the more<br />

complex, non-standard instruments with the<br />

formulaic calculation of interest and embedded<br />

options. <strong>Opics</strong> plus incorporates isDa guidelines for<br />

specifying deal terms and enables the streamlining<br />

of confirmations between counterparties.<br />

<strong>Brochure</strong><br />

3


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

Within the <strong>Opics</strong> <strong>Plus</strong> system, structured product transactions are<br />

created by combining various instruments into a single deal entry point.<br />

Complex derivatives<br />

the derivatives market is constantly changing, driven<br />

by financial institutions’ need for more flexibility in<br />

defining new instruments and being able to bring<br />

them to market more quickly. these institutions are<br />

also driven by their need to provide controls for risk<br />

associated with these non-standard derivatives.<br />

<strong>Opics</strong> plus supports these more complex,<br />

non-standard, structured transactions under<br />

the control of the same standard front-to-back<br />

processing provided for vanilla instruments<br />

within <strong>Opics</strong> plus.<br />

the solution provides complete front-to-back<br />

support for complex options such as baskets, partial/<br />

window barriers, exotic combinations, range accrual,<br />

compound options and option structures. it also<br />

delivers complete front-to-back support for complex<br />

swaps, such as equity swaps.<br />

credit default swap deal entry<br />

4 <strong>Brochure</strong><br />

Credit derivatives<br />

<strong>Opics</strong> plus supports a full range of instruments,<br />

including credit linked notes, credit default swaps<br />

and total return swaps, whether as an entity or asset<br />

and either singularly or within a basket.<br />

the solution also covers a full range of activities<br />

for credit derivatives – from deal pricing and capture,<br />

pre-deal credit check and confirmation of deal<br />

terms with counterparty, to exercise, settlement<br />

and accounting.


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

Structured products<br />

Within the <strong>Opics</strong> plus system, structured product<br />

transactions are created by combining various<br />

instruments into a single deal entry point.<br />

pricers and calculators are integrated with deal<br />

entry and allow for deals to be priced using real-time<br />

market data. users can modify existing market<br />

data to perform ‘what-if’ analysis for deal pricing.<br />

the solution incorporates pricing results into deal<br />

entry, eliminating the need for traders to manually<br />

re-enter the deals.<br />

<strong>Opics</strong> plus performs front and back office processing<br />

for standard retail structures such as currency linked<br />

deposits, fixed income linked deposits and principal<br />

protected deposits. With a library of additional<br />

components and processes, users can create more<br />

complex structures.<br />

Trading Desk<br />

the flexible design and architecture of the <strong>Opics</strong> plus<br />

front and middle Office ensures fast pricing and risk<br />

calculations; allowing users to cope with increasing<br />

volumes and the growing complexity of financial<br />

structured products deal entry<br />

instruments. the end result means fewer systems,<br />

less manual processing the ability to introduce new<br />

products and be able to more effectively service<br />

your clients.<br />

Deal entry, pricing and risk monitoring tools are<br />

consolidated on the trader’s desktop. each trader can<br />

configure and save their individual settings, including<br />

the screens and blotters required, preferred layout of<br />

screens and the order and content of the data based<br />

on the products traded and the positions managed.<br />

pricers and calculators are integrated with deal entry<br />

and allow for deals to be automatically priced using<br />

real-time market data. current market data can be<br />

manually changed and deals can be repriced allowing<br />

for what-if scenario analysis and simulations.<br />

rates are updated instantly from market data<br />

providers such as reuters and Bloomberg enabling<br />

for real-time position, p&l and risk statistics. Other<br />

market data sources can also be easily integrated<br />

if required.<br />

<strong>Brochure</strong><br />

5


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

Real-time position, risk and P&L<br />

the ability to analyse and monitor risk and p&l in<br />

real-time is fundamental to any financial institution.<br />

<strong>Opics</strong> plus allows traders and risk managers to<br />

monitor p&l, position exposures, and Value at risk<br />

(Var) in real-time – as well as providing full support<br />

for ‘what-if’ scenarios.<br />

the system’s real-time blotters track scenario linear<br />

and non-linear risk statistics, p&l, interest rate gaps<br />

and currency positions across asset classes. users<br />

can customise position and risk views, or the views<br />

can be set by the head of the desk. traders can<br />

also use the blotters to drill down to a deal level to<br />

perform further analysis, or perform deal activity<br />

such as reversals, triggering and exercising, directly<br />

from within <strong>Opics</strong> plus.<br />

in addition, users can ‘slice and dice’ p&l by drilling<br />

down to the detailed trade level if necessary, to<br />

examine exactly which elements of the portfolio or<br />

market have contributed most to the bottom line.<br />

Market data analysis and trade pricing<br />

<strong>Opics</strong> plus supports market data from both internal<br />

and external sources. market data is published and<br />

distributed and includes yield curves, volatilities, fX<br />

rates, securities, equities and futures prices along<br />

with interest rates, money market rates, mBs cash<br />

flows and pre-payment speeds.<br />

the solution has integrated deal pricing that supports<br />

both internal and external pricing models from third<br />

party vendors including Numerix, fincad, fenics and<br />

savvysoft, as well as financial institution’s in-house<br />

pricing libraries.<br />

using <strong>Opics</strong> plus allows users the flexibility to<br />

choose from various pricing sources and models<br />

at deal entry.<br />

6 <strong>Brochure</strong><br />

Sales Desk<br />

immediate access to customer information is<br />

pertinent to the entire sales Desk. <strong>Opics</strong> plus enables<br />

the sales Desk to analyze customer positions, p&l,<br />

account balances and transactional activity in realtime.<br />

pre-defined customer markups can be<br />

configured based on various attributes including:<br />

classification of customer, type of deal, size of deal,<br />

and tenor of deal as well as tiered pricing.<br />

for clients executing trades through a web portal the<br />

sales desk can see all activity as it happens including<br />

price requests and non accepted rates along with<br />

intercepting and changing a rate before the client<br />

has accepted it.<br />

positions and p&l are automatically segregated<br />

between the trading and sales desk so there are<br />

never reconciliation issues.<br />

Client Web Access<br />

misys portal for <strong>Opics</strong> plus is a web-based<br />

customer facing solution which is designed to<br />

address the e-banking needs of a bank’s corporate<br />

customers and their retail branches. Delivered via a<br />

modern e-banking application integrated with <strong>Opics</strong><br />

plus, the solution is designed to reduce total cost of<br />

ownership while improving usability and overall<br />

customer service. misys portal for <strong>Opics</strong> plus<br />

provides all of the benefits of the existing <strong>Opics</strong> plus<br />

customer trading functionality as well as advanced<br />

provisioning of a web-based user-interface, security<br />

and user management capabilities.


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

<strong>Misys</strong>’ <strong>Opics</strong> Risk <strong>Plus</strong> is an advanced market risk and portfolio<br />

management solution aimed at monitoring and controlling a financial<br />

institution’s risk exposure.<br />

Advanced risk and compliance<br />

management<br />

Market risk<br />

misys’ <strong>Opics</strong> risk plus is an advanced market risk and<br />

portfolio management solution aimed at monitoring<br />

and controlling a financial institution’s risk exposure.<br />

it is a complete risk management tool for traders,<br />

portfolio managers, risk managers, asset/liability<br />

managers, corporate treasurers, government<br />

agencies and hedge funds.<br />

the solution’s depth of functionality enables financial<br />

institutions to manage, model, forecast and report<br />

risk for all levels – the institution itself, the controllers<br />

of the institution and its clients.<br />

<strong>Opics</strong> risk plus provides real-time position updates,<br />

p&l and risk management including Greek and Var<br />

statistics via its comprehensive selection of Var<br />

sensitivity methodologies.<br />

“Through the solution’s<br />

sophisticated market risk<br />

and credit risk measurements,<br />

organisations can help lower<br />

overall risk and meet many<br />

of today’s stringent regulatory<br />

demands.”<br />

8 <strong>Brochure</strong><br />

Portfolio simulations<br />

the solution supports parametric, monte carlo and<br />

historic simulation Var methodologies. using these<br />

Var methodologies, users can define an almost<br />

unlimited set of hierarchies, resulting in displays of<br />

top level risk, with further drill down to view the risk<br />

and correlations.<br />

<strong>Opics</strong> plus also supports the riskmetrics<br />

methodology, allowing daily and/or monthly volatilities<br />

and correlations to be imported.<br />

monte carlo simulation creates a distribution of<br />

portfolio returns over user specified time periods by<br />

valuing the portfolio using simulated risk drivers in<br />

<strong>Opics</strong> plus.<br />

Historical simulation is a Var measure that<br />

complements the monte carlo simulation and<br />

delta normal methods in <strong>Opics</strong> plus. Historical<br />

simulation values the portfolio against known<br />

historical returns in the risk drivers.


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

Limits monitoring<br />

<strong>Opics</strong> plus includes a fully integrated and powerful<br />

monitoring platform – misys’ eagleye for <strong>Opics</strong> plus<br />

– that gives financial institutions the power to gain<br />

control and centralise the monitoring of regulations,<br />

policies or any other user-defined restriction. realtime,<br />

seamless integration includes portfolio, trade,<br />

position and reference data. With a central repository<br />

for internal control information <strong>Opics</strong> plus helps to<br />

reduce operational risk and the cost of compliance.<br />

rules can be defined to be monitored intra-day,<br />

on demand or at a frequency of your choosing, or at<br />

close of business. users can be notified automatically<br />

of any breaches. using the component-based<br />

definition functions, users can easily define a wide<br />

range of limits from the simple to the extremely<br />

complex – without the need for technical knowledge<br />

or coding.<br />

middle office suite<br />

Regulatory compliance<br />

One of the key strengths of the <strong>Opics</strong> plus stp<br />

workflow is that it has been specifically designed to<br />

help eliminate operational risk. in addition, the highly<br />

flexible rules engine and real-time monitoring within<br />

eagleye for <strong>Opics</strong> plus alerts of breaches and assists<br />

in continuous monitoring of regulations, highlighting<br />

issues before they become a problem.<br />

as a result, <strong>Opics</strong> plus addresses many of the<br />

regulatory requirements being asked of financial<br />

institutions, such as Basel ii and sarbanes-Oxley.<br />

through the solution’s sophisticated market risk and<br />

credit risk measurements, organisations can help<br />

lower overall risk and meet many of today’s stringent<br />

regulatory demands.<br />

<strong>Brochure</strong><br />

9


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

Streamlining operations<br />

Workflow management<br />

central to the <strong>Opics</strong> plus solution is the Workflow<br />

manager – a real-time, cross-product, cross-entity<br />

utility that manages pre-defined or user-defined<br />

operations workflow. the Workflow manager<br />

consolidates all Back Office processing with a<br />

configurable exception based processing engine.<br />

the result is a single front through back stp<br />

solution where only the exceptions are highlighted.<br />

information is dynamically displayed as transactions<br />

move through their life cycle, enabling quick and easy<br />

recognition and response. the Workflow manager<br />

tool allows an operator in the middle/back office to<br />

have a central location and to monitor and complete<br />

the remaining processes to be performed on<br />

transactions. in addition, the queue monitor function<br />

displays the processing queue across all branches<br />

and product modules.<br />

Because the Workflow manager gives your<br />

organisation complete, automated control of your<br />

workflow, it significantly increases efficiency and<br />

reduces operational risk. part of the core <strong>Opics</strong> plus<br />

application, it consolidates back-office and<br />

Back office workflow<br />

10 <strong>Brochure</strong><br />

operations processing across the entire suite<br />

of <strong>Opics</strong> plus products in a single, centralised<br />

location. the result is a powerful tool to manage<br />

stp exceptions and dramatically improve<br />

operational efficiency.<br />

Settlements and confirmations<br />

<strong>Opics</strong> plus enables banks to effectively manage their<br />

settlement activity from treasury, derivatives and<br />

capital markets trading. the system features flexible<br />

instruction maintenance and application, stringent<br />

authorisation controls and embedded logic to create<br />

and transmit more than 50 sWift message types.<br />

these message types, designed in full compliance<br />

with sWift and isO requirements, can be structured<br />

and tailored to meet operational and business needs.<br />

By populating sWift fields with transactional data<br />

from within the system, users gain in both<br />

effectiveness and efficiency.<br />

the message types can be transmitted to the sWift<br />

network in a variety of different formats such as<br />

sWift alliance, merva, mint, and st400. <strong>Opics</strong> plus is<br />

also designed to enable sWift users to benefit from<br />

such industry initiatives as confirmation matching<br />

and continuous linked settlement (cls).


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

The online, real-time Workflow Manager enables users to monitor<br />

transactional processing, enabling operations management to proactively<br />

meet customer needs.<br />

Cash management<br />

the real-time cash management functionality of<br />

<strong>Opics</strong> plus delivers all the functions required<br />

to project forward funding by managing daily cash<br />

positioning, short-term funding requirements and<br />

long-term liquidity.<br />

the system’s decomposition and drill-down facilities<br />

for the cash elements of all trades mean that users<br />

can easily manage the bank’s cash position and<br />

track funding requirements.<br />

Accounting<br />

<strong>Opics</strong> plus offers a full multi-entity, multi-currency<br />

general ledger, giving financial institutions the<br />

flexibility to define their own accounting structure<br />

and posting rules.<br />

the system automatically generates and posts<br />

revaluations, accruals, and profit/loss entries. <strong>Opics</strong><br />

plus produces all the standard accounting reports<br />

required such as balance sheets, trial balances and<br />

income statements.<br />

the solution can either run as a standalone, multicurrency<br />

general ledger or as a sub-ledger that<br />

interfaces directly to a financial institution’s main<br />

general ledger. full integration with the <strong>Opics</strong> plus<br />

product suite enables financial institutions to take<br />

advantage of automated reconciliation for<br />

a wide variety of financial instruments.<br />

Hedge accounting<br />

<strong>Opics</strong> plus Hedge accounting supports compliance<br />

with the provisions of the financial accounting<br />

standards Board’s fas133 and ias39 relating to<br />

accounting for derivative transactions<br />

used in hedging activities.<br />

Hedge accounting is fully integrated with <strong>Opics</strong> plus<br />

and works in conjunction with the solution’s other<br />

modules for multi-currency general ledger and fixed<br />

income, deposits and loans, foreign exchange,<br />

interest rate swaps, financial futures, exchange traded<br />

options and over the counter options. <strong>Opics</strong> plus also<br />

enables users to import hedged items from external<br />

applications for downstream hedge accounting<br />

processing.<br />

multi-currency accounting with the system also<br />

provides fair value information and accounting on a<br />

mark-to-market basis for all derivative instruments.<br />

Reporting and Inquiries<br />

<strong>Opics</strong> plus inquiries allows users to closely monitor<br />

transactions and position activity. additionally, the<br />

solution enables users to conduct a wide range of<br />

inquiries, as well as construct real-time sQl queries<br />

against the database.<br />

<strong>Opics</strong> plus contains a comprehensive suite of predefined<br />

inquiries and reports, and the solution’s open<br />

database structure allows for immediate access to<br />

any data views. the solution includes over 1,000 predefined<br />

reports covering the entire product suite.<br />

users can easily export to excel, and the system<br />

provides seamless integration with third-party<br />

reporting applications such as crystal reports.<br />

the online, real-time Workflow manager enables<br />

users to monitor transactional processing, enabling<br />

operations management to pro-actively meet<br />

customer needs.<br />

Flexible interfacing<br />

the flexibility of the interfacing features offered<br />

by <strong>Opics</strong> plus means transactions are easily and<br />

efficiently passed directly into the system for<br />

position management and downstream settlement<br />

processing.<br />

<strong>Opics</strong> plus provides real-time integration with marketleading<br />

trading systems such as reuters, eBs,<br />

Bloomberg and fenics. external applications can<br />

either call the solution’s web services directly, or can<br />

take advantage of asynchronous queues such as<br />

msmQ and Websphere mQ.<br />

<strong>Opics</strong> plus comes with an interface program that<br />

allows information to be imported and exported to<br />

an institution’s existing systems. in addition to<br />

providing the capability for standard Xml-based<br />

interfaces, the solution also provides a Development<br />

toolkit to enable institutions to build specific system<br />

interfaces where necessary.<br />

<strong>Brochure</strong><br />

11


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

Leading-edge technology<br />

High performance<br />

<strong>Opics</strong> plus was designed with the clear<br />

understanding that system performance is every<br />

bit as critical as system functionality.<br />

moving <strong>Opics</strong> to the .Net environment of <strong>Opics</strong> plus<br />

has given the system a significant performance edge.<br />

the new tiered architecture allows organisations to<br />

run tasks in parallel and ensures scalability to meet<br />

the needs of your operation as they evolve.<br />

furthermore, by using server-based processing <strong>Opics</strong><br />

plus can process higher volumes of transactions than<br />

ever before. as a result, the system can also scale to<br />

meet any additional volume needs as they develop.<br />

Low cost to operate<br />

Zero-touch deployment ensures that the latest<br />

updates and fixes are deployed automatically. this<br />

cuts the need for manual intervention, which in turn<br />

reduces the number of resources needed within<br />

your institution. <strong>Opics</strong> plus further lowers the total<br />

cost of ownership by eliminating the need to manage<br />

individual client pcs. software can also be<br />

downloaded and installed without the need for<br />

administrator privileges.<br />

<strong>Opics</strong> plus uses standard industry security based on<br />

lDap with single sign-on. this removes<br />

any need for separate security systems and gives<br />

your organisation greater control over the entire<br />

network. as a result, <strong>Opics</strong> plus lowers<br />

overall integration and security cost and minimises<br />

operational risk.<br />

the remote management console enables<br />

application server process management from a<br />

remote desktop location. this allows administrators<br />

to monitor the health of the application servers<br />

and to start, stop and redirect <strong>Opics</strong> plus processes<br />

running on the application server.<br />

Service oriented architecture (SOA)<br />

<strong>Opics</strong> plus has been developed as an<br />

open system that adheres to industry-accepted<br />

standards and incorporates the benefits of sOa<br />

componentisation. components can be re-used<br />

across all of the system’s instruments, enabling<br />

you to make a change to one component without<br />

having to change the entire system. this dramatically<br />

improves maintenance and lowers time to market.<br />

the solution’s open architecture supports a financial<br />

institution’s need for customization in a number<br />

of ways. the workflow, for instance, can be tailored<br />

to suit your specific operations. and using the<br />

<strong>Opics</strong> plus toolkit, custom business processes can<br />

also be incorporated into the standard <strong>Opics</strong> plus<br />

process flow.<br />

<strong>Brochure</strong><br />

13


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

Message Based Rules Engine<br />

the message Based rules engine is a key component<br />

of the <strong>Opics</strong> plus architecture. it is a powerful tool<br />

that provides the ability to build an instrument from a<br />

library of existing processes. this significantly<br />

streamlines the introduction of new products.<br />

Smart client<br />

the new <strong>Opics</strong> plus smart client gives users the ability<br />

to work offline, providing far richer functionality than<br />

can be provided through a standard web- browser<br />

interface. the smart client provides an interactive and<br />

highly responsive user interface, offering users<br />

immediate access to critical data.<br />

By moving key processing and data to the local<br />

device or computer, the smart client eliminates the<br />

need to continually contact the server. this<br />

significantly increases the efficiency and productivity<br />

of remote workers.<br />

Customisable desktop<br />

<strong>Opics</strong> plus allows users to customise their desktop<br />

view, quickly and easily so that they can concentrate<br />

on only the information they need. <strong>Opics</strong> plus menus,<br />

trading screens, blotters and position inquiries are all<br />

easily customised for each user or for groups of users.<br />

message Based rules engine<br />

14 <strong>Brochure</strong><br />

menus can be modified to reflect the daily workflow<br />

of individual users. trader entry screens can be<br />

configured to allow for effortless deal entry, and<br />

blotters and position inquiries can be configured<br />

and filtered according to use preferences and<br />

responsibilities. Dealers can view multiple blotters<br />

simultaneously and save their desktop settings.<br />

information that is less critical can be hidden, but is<br />

always available if needed. entry of commonly used<br />

parameters can be automated, saving the user<br />

valuable time during input.<br />

Custom client<br />

the open architecture of <strong>Opics</strong> plus keeps<br />

the smart client separate from the core <strong>Opics</strong> plus<br />

processing to allow easy substitution of an alternative<br />

user interface. this allows financial institutions to<br />

substitute their own entry screens directly into <strong>Opics</strong><br />

plus processing, validation and security. for<br />

operations that do not need the functionality of a<br />

smart client, excel and Html-based clients can also<br />

be substituted.<br />

Flexible Deployment Options<br />

<strong>Opics</strong> plus can be implemented via a variety of<br />

flexible and rapid deployment options.


<strong>Opics</strong> <strong>Plus</strong> – Your platform for success<br />

<strong>Misys</strong> is committed to developing a highly responsive long-term<br />

partnership with our customers. We work hard to ensure they can rely on<br />

us to provide far more than industry-leading financial software packages.<br />

Our focus is on converting our skills, experience and innovative thinking<br />

into practical business benefit for our customers. We achieve this<br />

by pursuing well defined, measurable objectives – an approach that<br />

helps our leading customers throughout the world to deliver significant<br />

business results.<br />

Software as a Service<br />

<strong>Opics</strong> plus can be accessed remotely via the web with<br />

our software as a service (saas) hosted deployment.<br />

saas deployment offers <strong>Opics</strong> plus via a central<br />

location and over a network to the most entities or<br />

users possible. On a hosted solution, <strong>Opics</strong> plus<br />

removes the need to install, maintain and acquire<br />

additional hardware investment.<br />

the <strong>Opics</strong> plus saas solution contains no client/<br />

server software installation or maintenance and<br />

is delivered in a shortened deployment time.<br />

the solution delivers global availability across the<br />

<strong>Opics</strong> plus.<br />

<strong>Misys</strong> Professional Services<br />

Consulting<br />

absolute satisfaction is fundamental to our<br />

philosophy – both in the short and long term. as such,<br />

our professional business and technology consulting<br />

services form an integral part of any misys solution.<br />

services are provided through our unrivalled network<br />

of international branches, ensuring you have direct<br />

access to specialist expertise in every important area.<br />

misys has a dedicated and highly experienced team<br />

of consultants who have extensive experience of<br />

both working within large financial institutions and<br />

implementing <strong>Opics</strong> plus. this combination of<br />

experience and commitment has played a pivotal role<br />

in the successful implementation of <strong>Opics</strong> plus<br />

around the world.<br />

Support<br />

We recognise that support is critical to customer<br />

satisfaction which, in turn is critical to our company’s<br />

long-term success. as an established supplier<br />

supporting many of the world’s leading financial<br />

institutions at numerous <strong>Opics</strong> plus sites globally, we<br />

have a wealth of experience in providing first-class<br />

customer service.<br />

With dedicated support centres in london, New<br />

York, manila and singapore to provide round-theclock<br />

support, and a global staff of experienced<br />

product specialists, we ensure the smooth running<br />

of your day-to-day financial operations.<br />

Training<br />

<strong>Opics</strong> plus training centres provide state-of-the-art<br />

educational facilities addressing all aspects of the<br />

product suite. Offering a distraction-free learning<br />

environment and access to the <strong>Opics</strong> plus<br />

development and support staff gives our customers<br />

added value from the experience.<br />

in addition, for users who cannot leave the office,<br />

we also provide training courses and consultancy<br />

either at your premises, at a local misys office or via<br />

the internet, according to your precise needs.<br />

<strong>Brochure</strong><br />

15


MISYS RECENT MARKET RECOGNITION<br />

NUMBER ONE TRADING SYSTEM<br />

TECHNOLOGY PROVIDER<br />

RISK TECHNOLOGY RANKINGS 2011<br />

Number One Overall trading system<br />

Number One pricing and analytics – equity<br />

Number One pricing and analytics – infl ation<br />

NUMBER ONE RISK MANAGEMENT<br />

TECHNOLOGY PROVIDER<br />

ASIA RISK TECHNOLOGY RANKINGS 2011<br />

Number One Overall risk management<br />

Number One trading system – equities<br />

Number One trading system – foreign exchange<br />

Number One trading system – interest rates<br />

Number One Derivatives pricing and risk analytics – equities<br />

Number One Derivatives pricing and risk analytics – interest rates<br />

Number One Derivatives pricing and risk analytics – Hybrids<br />

Number One support services – implementation effi ciency<br />

STRUCTURED PRODUCTS<br />

TECHNOLOGY RANKINGS 2011<br />

Number One trading system – equities<br />

Number One trading system – interest rates<br />

Number One pricing and analytics – equities<br />

ABOUT MISYS<br />

<strong>Misys</strong> is at the forefront of the fi nancial software<br />

industry, providing the broadest portfolio of<br />

banking, treasury, trading and risk solutions available<br />

on the market. With 1,800 customers in 120<br />

countries our team of domain experts and partners<br />

have an unparalleled ability to address industry<br />

requirements at both a global and local level.<br />

misys and the misys “globe” mark are trade marks of the misys group<br />

companies. copyright© 2012 misys. all rights reserved.<br />

ms0031_26699<br />

STRUCTURED PRODUCTS<br />

TECHNOLOGY RANKINGS 2012<br />

Number One trading system – credit<br />

Number One trading system – cross asset<br />

Number One trading system – foreign exchange<br />

Number One trading system – rates<br />

Number One risk management – collateral management<br />

BEST TRADING PLATFORM BACK OFFICE<br />

ASIAN BANKER TECHNOLOGY AWARDS<br />

LEADING SINGLE TECHNOLOGY<br />

PLATFORM – PORTFOLIO, TRADING<br />

AND RISK MANAGEMENT<br />

HEDGE FUND JOURNAL AWARDS 2011<br />

BEST RISK MANAGEMENT INITIATIVE<br />

ASIA ASSET MANAGEMENT AWARDS<br />

<strong>Misys</strong> was formed by the merger of <strong>Misys</strong> with<br />

Turaz, which includes the award-winning Kondor+<br />

product line. Combined they are able to address<br />

all customer requirements across both the banking<br />

and trading book businesses. <strong>Misys</strong> is the trusted<br />

partner that fi nancial services organisations turn to<br />

for help solving their most complex problems.<br />

Find out more at www.misys.com

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