Misys Banking Systems brings market-leading Risk Management capabilities to Corporate treasurers
Misys Treasury Plus to offer corporate treasurers a comprehensive suite of hedge accounting and risk management tools, powered by Reval®
New York, NY and London - 9th January 2006 – Misys Banking Systems (Misys) today announces that Misys Treasury Plus, its market-leading Integrated Treasury Portal, now offers corporate treasurers the ability to streamline risk management and compliance efforts with the launch of its derivative and exposure management application. This new capability will enable front, middle, and back office treasury and risk management to be fully automated, with unparalleled ease-of-use, and without the costs and complexity of traditional installed systems.
Misys Treasury Plus is on-demand “Software as a Service” for corporate and institutional treasuries, combining the benefits of anywhere, anytime access with full feature rich functionality. The inclusion of Reval’s proven, sophisticated derivative pricing analytics and hedge management capabilities into the Misys portal enables corporate treasury departments to have the risk management and compliance reporting capabilities they need in one integrated solution.
A true multi-asset class application, the Misys Treasury Plus Risk application brings coverage and independent valuation of instruments including FX, Interest Rates, Energy, Metals and Agriculture. Partnering with Reval, Misys provides customers with the industry’s most comprehensive hedge accounting module for FAS 133/IAS 39 and other regulatory requirements.
“Most of our corporate customers are looking to manage all of their treasury activities from one platform rather than having to gather and integrate data from disparate systems," comments Mark Davies, CEO Global Managed Services, Misys Banking Systems. “Our transaction and application services are already leading in their class. Reval is one of the leading providers of risk management to the high end corporate treasury market. The integration of both our offerings furthers our customers’ ability to maximise both the efficiency and effectiveness of treasury operations, saving time and money while minimising risk.”
“Portals are not a new concept and in the early days of the Internet, many did not offer any real value,” notes Jiro Okochi, CEO & Co-Founder of Reval. “But timing is everything and Misys Treasury Plus has really gathered the best of breed offerings in this space. The result is a powerful value proposition that fills the void left by single solution
For further information please contact:Leslie Regino
Manager, Product & Marketing, Global Managed Services
Misys Banking Systems
845-501-0775
Leslie.regino@Misys.com
Manager, Product & Marketing, Global Managed Services
Misys Banking Systems
845-501-0775
Leslie.regino@Misys.com
Edward Taylor
Global Head of Public Relations
Misys Banking Systems
+44 (0) 208 486 1661
Edward.taylor@misys.com
Global Head of Public Relations
Misys Banking Systems
+44 (0) 208 486 1661
Edward.taylor@misys.com
About Misys Banking SystemsMisys Banking Systems supplies over 1,200 customers in over 120 countries, among them 49 of the world's top 50 banks, with software and solutions for retail banking, wholesale banking, treasury and capital markets and risk management. It has 2,600 people around the world, over 70% of whom are outside of the United Kingdom, and sales, implementation and customer support teams in over 28 countries. Misys Banking Systems is part of Misys plc.
About Misys plcMisys plc (FTSE: MSY), the global software company, is one of the world’s largest and longest-established providers of industry-specific software. Founded in 1979, Misys serves the international banking and healthcare industries and the UK general insurance industry, combining technological expertise with in-depth understanding of customers’ markets and operational needs. In banking Misys is one of the top four software providers worldwide and the largest outside the US, with over 1,200 customers, including 49 of the world’s top 50 banks. In healthcare Misys is a top five software provider in the US market, serving more than 92,000 physicians in 18,000 practice locations, 1,250 hospitals and 600 home care providers. In UK general insurance Misys is the market leader in software solutions. Through Sesame, a wholly-owned subsidiary, the company is also a leading provider of support services to about 7,800 financial advisers in the UK. Misys employs over 6,500 people who serve customers in more than 120 countries. For more information, visit www.misys.com
Misys. Making things that really matter, work better.
About Reval.com, Inc.
Reval is the leading web based derivatives risk management solution for companies hedging Fx, Interest Rate, Energy or Commodity risk. Designed for financial professionals by financial professionals, Reval's solutions help companies follow the requirements of IAS 39 and FAS 133 and gain better controls to support Sarbanes-Oxley compliance. The benchmark for treasury best practices, Reval's products can be rapidly deployed and are easily integrated with other systems. Founded in 1999 and based in New York and London, Reval maintains a global client base including several of the major Fortune 500 and FTSE 100 companies.
Reval is the leading web based derivatives risk management solution for companies hedging Fx, Interest Rate, Energy or Commodity risk. Designed for financial professionals by financial professionals, Reval's solutions help companies follow the requirements of IAS 39 and FAS 133 and gain better controls to support Sarbanes-Oxley compliance. The benchmark for treasury best practices, Reval's products can be rapidly deployed and are easily integrated with other systems. Founded in 1999 and based in New York and London, Reval maintains a global client base including several of the major Fortune 500 and FTSE 100 companies.
Reval, Accounting For Risk
