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Misys appoints Didier Giesen to lead hedge fund business in Asia Pacific

Misys appoints Didier Giesen to lead hedge fund business in Asia Pacific

New appointment demonstrates the commitment of Misys to the region’s growing hedge fund business

19 July 2011 – Misys, the global leader in treasury and capital markets solutions, announced today it has appointed Didier Giesen as Hedge Funds Sales Manager Asia Pacific. Didier will be responsible for providing integrated portfolio and risk management solutions to hedge fund managers in the Asia Pacific region.

Before joining Misys, Didier actively covered the buy-side sector and has a deep understanding of the hedge fund market both in Asia and the UK. He previously held roles at Bloomberg and BT Radianz in London and Singapore.

Didier’s key responsibility will be to drive the adoption of Misys’ solutions in the growing hedge fund industry in Asia Pacific, enabling customers to manage their portfolio, risk, positions and reporting more efficiently.

Didier comments: “Hedge fund managers are under pressure to optimise performance and maximise alpha while at the same time ensure tight risk management and back-office systems, a demand which has only heightened since the financial crisis. Misys has the best solutions to assist them, with Misys Sophis VALUE and, for start-up and smaller hedge funds, Misys iSophis. It is exciting to be at the forefront of technology advancement at this time of rapid development for the hedge fund industry in Asia."

Corinne Grillet, Asia Pacific Chief Operating Officer, Misys Sophis, states: “We are delighted that Didier has joined us. His background in initiating proximity hosting solutions and trading tools as well as his knowledge of Asia will benefit our customers and our business. He will play a key role in ensuring we look after our hedge fund clients as we further build this business in the region.”

Misys regards the development of the hedge fund industry in Asia Pacific as key to its regional strategy and provides cross-asset portfolio and risk management solutions dedicated to the buy-side. “We have a strong record of supplying advanced and flexible technology platforms to hedge funds and look forward to supporting the growth of this industry in Asia Pacific,” Grillet adds.

Misys is the new force in buy-side systems with 13 of the top 20 asset managers and 22 new customers in 2010, through its Misys Sophis VALUE and iSophis solutions. Our flagship buy-side solution, Misys Sophis VALUE, offers cross-asset portfolio and risk management covering the whole STP process: investment management, risk management, middle/back office and accounting. VALUE has been adopted by more than 80 institutions worldwide, from start-up hedge funds to global asset management companies.

iSophis is a powerful technology solution that provides integrated cross-asset portfolio and risk management services through a simple SaaS model. It is targeted at hedge fund managers who want to benefit from leading edge analytics for P&L, risk and performance management in a secure, powerful and simple hosted environment. iSophis is powered by Misys Sophis VALUE.

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For further information please contact
Citigate Dewe Rogerson
Charlotte Bilney +852 9314 3463 or charlotte.bilney@citigate.com.hk
Oscar Wong +852 3103 0117 or oscar.wong@citigate.com.hk

About Misys plc

Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to financial services organisations. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success.

Misys is a market leader with over 1,300 customers, including all of the world’s top 50 banks. Misys employs approximately 4,000 people and works with over 100 partners globally who serve customers in more than 120 countries.

We aspire to be the world’s best application software and services company, delivering results for the most important industries in the world. Working with our extensive partner network, together we create compelling solutions enabling our customers to differentiate themselves and drive a competitive edge.

Misys: experience, solutions, results

Contact us today, visit: www.misys.com