Misys showcases new unstructured trade confirmations module at ACT Treasurers’ Conference, Edinburgh
- Updated Misys Treasury Plus solution maximizes productivity of OTC derivative transactions
- Monthly confirmations matched by Misys tops 600,000 mark for the first time
27 April 2007 - A new Unstructured Trade Confirmations (UTC) module from Misys Treasury & Capital Markets will get its first public outing at this year’s ACT Treasurers’ Conference in Edinburgh, from 2-4 May.
Part of the latest version of Misys’ leading ASP transaction confirmation solution, Misys Treasury Plus, the new UTC module facilitates matching of OTC Derivatives transactions. 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.
Treasury professionals will also be able to see additional new features including a report scheduler, a failed SWIFT messages screen, and enhancements to the action list and additional reports – which all serve to increase transaction processing and improve efficiencies across treasury operations.
Misys Treasury Plus recently celebrated the news that matched transactions had topped the 600,000 mark in March of this year – the first time that level had been achieved through Misys Treasury Plus solutions. The company, which services all of the world’s top 50 banking institutions, and a host of major corporations and fund managers, expects this figure to rise in the future.
Gilmore Bray, Global Head of Product Development for Misys Treasury Plus, comments: “This is a very significant time in the treasury market with major developments in strategic risk management, cash management, SEPA and Euro payments. Our customers are increasingly leveraging the flexible and agile nature of our Software-as-a-Service (SaaS) model.
“As an online hosted service, we can quickly and confidently adapt each new release to the broad technological demands of the marketplace while tailoring enhancements to tackle the specific pain points the market demands."
Attendees at the annual conference will be able to talk to Misys Treasury & Capital Markets professionals and see demonstrations of the new modules and functionality of Misys Treasury Plus at stand 31.
Misys Treasury & Capital Markets has 17 years of market experience and unrivalled software development expertise. It creates integrated, comprehensive solutions for financial institutions to manage their capital market activities across multiple asset classes.
For further information or to request an interview with a Misys spokesperson, please contact:
Stephen White
Misys Treasury & Capital Markets
t. +44 (0) 207 757 6134
Nick Parker
Financial Dynamics
t. +44 (0)20 7269 7181
About Misys
Misys plc (FTSE: MSY.L), the global software and solutions 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, specialising in both the treasury and capital markets and core banking areas, having 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
