New unstructured trade confirmations module from Misys maximises productivity of OTC derivative transactions
Launch of Misys Treasury Plus Version 1.4
London / New York - 27 February 2007 - Misys Banking Systems, a global leader in banking software and solutions, today announces the launch of Misys Treasury Plus version 1.4. The new version of the online hosted treasury management service features a new Unstructured Trade Confirmations (UTC) module to facilitate matching of OTC Derivatives transactions. Additionally, it includes a Report Scheduler, a new Failed SWIFT Messages screen, enhancements to the Action List and additional reports in the Premium Reports module, all increasing transaction productivity and efficiency.
The new Unstructured Trade Confirmations functionality within Misys Treasury Plus was developed in close consultation with customers to satisfy a need for matching transactions in a new asset class, OTC derivatives. By utilising a two-part system to match basic transaction stubs and affirm attached supporting documents, the Misys UTC solution can accommodate transactions such as FX exotic options and metals trades.
The new Report Scheduler allows Misys Treasury Plus customers to maximise their productivity by scheduling delivery of specific reports on a customised timeline. Utilising this expanded capability, customers can more efficiently access the information they need - when they need it.
Other enhancements include a new screen to view messages not accepted by SWIFT and additional lines on the Action Items list for a more detailed summary of the status of important deals. New Detailed Foreign Exchange and Money Market Performance Reports available in the Premium Reports module allow customers to measure and benchmark both the speed and accuracy of their own and their counterparties' confirmations.
"With this release, Misys Treasury Plus continues to leverage the flexible and agile nature of our Software-as-a-Service (SaaS) model to deliver solutions and develop new functionalities that keep up with the ever-changing needs of our customers," comments Peter Bennfors, General Manager, Misys Global Managed Services. "By providing Misys Treasury Plus as an online hosted service, we are able to quickly and confidently adapt each new release to the broad technological demands of the marketplace while tailoring enhancements to tackle the specific pain points customers tell us they need help with. Misys Treasury Plus takes care of the technology so our customers can take care of business."
For further information please contact:
Gilmore Bray
Global Head of Product/Business Development
Misys Global Managed Services
Tel: +1 845-501-0770
gilmore.bray@misys.com
About Misys Banking Systems
Misys Banking Systems supplies over 1,200 customers in more than 120 countries, among them 100% 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 2,500 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 plc
Misys plc (FTSE: MSY.L), 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, combining technological expertise with in-depth understanding of customers' markets and operational needs. In banking Misys is a market leader with over 1,200 customers, including all of the world's top 50 banks. In healthcare Misys is also a market leader, serving more than 110,000 physicians in 18,000 practice locations, 1,200 hospitals and 600 home care providers. Through Sesame, a wholly-owned subsidiary, the company is also a leading provider of support services to financial advisers in the UK. Misys employs around 6,000 people who serve customers in more than 120 countries. For more information, visit
www.misys.com
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