Summit Systems, providers of the leading treasury and capital markets solution, has grown its front office and financial engineering team with several new appointments.  They include James Baker who moves from Paris to Summit’s London operation to become Director of Front Office Support, and Alexis Viry who has joined from BNP Paribas and will assume the position of Head of Front Office for the Interest Rate Derivatives and Credit Group.  It is anticipated that these roles will further advance Summit’s product strategy in the areas of credit derivatives and structured products.

James Baker has been with Summit for over 10 years, joining Summit’s New York office in the financial engineering team and later filling various roles including heading up Business Development to work on new business areas and partner relations.  He then moved to Summit Paris to run the Front Office Rates and Credit Support team.  James’ new role is Director of Front Office Support in London where he will command a team of business experts in the areas of derivatives, treasury and financial engineering.

Replacing James in Paris is Alexis Viry. Alexis has an extensive banking background having worked for the past 15 years at two major investment banks. He joined from BNP Paribas where he was Head of Swap Trading for Europe.  He was previously at Dresdner KB where he was responsible for developing new pricing models for interest rate options and new arbitrage strategies in the bond, swap and futures market.

Emmanuel Fruchard, Director of Front Office and Financial Engineering for Summit comments on the two appointments, “At Summit we believe in promoting talent from within and I am pleased to see James moving to head our front office team in London. His new role will be challenging as markets become more and more sophisticated in their needs for handling more complex products - London is one of the markets that is quick to adopt new instrument types. I am delighted that James is being replaced by Alexis Viry.  His extensive experience in pricing models and more complex products is just what we need to grow Summit’s expertise in this area.”

Suzanne McLaughlin
Global Marketing Manager
Summit Systems International Ltd
18 King William Street
London
EC4N 7BP
United Kingdom

Tel: +44 (0) 20 7337 8558
Email: suzanne_mclaughlin@summithq.co.uk

Emmanuel Fruchard
Director of Front Office and Financial Engineering
Summit Systems SA
62 Rue Beaubourg
75003 Paris
France

Tel: +33 1 4478 2828
Email: efr@summithq.fr

About SummitSummit Systems provides a proven, technologically advanced, multi-asset class solution for treasury and capital market participants. With headquarters in New York and operations in Paris, London, Frankfurt, Seoul, Singapore and Tokyo, Summit is a world-leader in banking software solutions. Summit is a scalable, open and extendible solution covering fixed income, treasury, derivatives and commercial lending. It provides sophisticated trader tools and risk management combined with rules-based workflow and real-time trade processing - helping financial institutions increase STP and reduce costs.

Founded in 1990, Summit is a wholly-owned subsidiary of Misys plc.

About Misys plcMisys plc, the global software products and solutions company, serves customers in the international banking and securities, international healthcare, and UK general insurance industries.  Through a wholly owned subsidiary, Sesame, it also provides business process outsourcing services to independent financial advisors (IFAs) in the UK.  Misys partners with its customers to deliver outstanding IT solutions to essential industries, and employs over 6,000 people internationally.