Opics Plus Brochure - Misys
Opics Plus Brochure - Misys
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 />
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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