Misys has created a new equities platform to provide market leading coverage and a user-friendly
environment for trading and effectively managing equity cash and equity derivatives. The solution answers the market need to provide all asset classes in one front-to-back solution that helps system rationalisation while also delivering world-class cross-asset position management, hedging, risk management, corporate actions and operations.

Corporate actions
Our Summit equity solution manages the full lifecycle of the corporate action – ordinary events, static changes and special events - updating positions and P&L and any associated trades with the ability to customise.

Equity cash
Misys Summit FT supports the dynamic environment of equity cash trading, providing full deal capture, real-time position management, real-time P&L with global hedging fully integrated in a single inventory of funded and unfunded positions. The solution tailors the information it displays with front office users seeing a position view for global hedging using betas and inventory view for position funding. For middle and back office users Summit FT displays depository data. The solution integrates in real-time with external systems for static, market data, corporate actions in addition to exchanges and market data providers.

Equity derivatives
Equity derivatives desks benefit from Summit’s multi-dimensional, grid enabled real-time risk analysis that handles the most complex equity derivative deals. The solution tailors the equity derivatives view of real-time positions showing sensitivity to markets, market scenarios and dynamic hierarchies. Structured products that include equity as an underlying can be easily constructed with our Summit MUST module.

Product coverage
Equity cash,  indexes, baskets, equity swaps (including dividend swaps), repo,  futures, OTC and listed options, vanilla and exotic options, structured products