December 4, 2013 - Misys, the global leader in financial services software, has won more accolades to emphasise its leading position in enterprise risk management. The company has been awarded first place in eight of the categories in this year's Risk Magazine Technology Rankings.
Misys was announced as the overall winner for enterprise-wide risk management for its leading capabilities and services to clients in the areas of market, credit, counterparty, and liquidity risk, aggregation and Basel III compliance. Top positions in the industry were also given to Misys for the value it brings in: Trading Systems (Equities, Forex and Rates); Pricing and Analytics (Equities); Liquidity Risk Management; Regulatory Compliance and Reporting; and System Support & Implementation.
The 2013 Risk Technology Rankings were compiled from the votes of several thousand subscribers of Risk Magazine and from financial institutions, including banks, asset managers and hedge funds. The awards identify the best product offering based on functionality, usability, performance, return on investment and reliability in a wide range of categories covering all aspects of trading systems, pricing and analytics and risk management.
In the last year Misys has seen significant traction in its Misys Global Risk (MGR) solution and this is the latest in a series of awards that MGR has won for enterprise risk management, including Asia Risk and FSTech. Additionally, the company has been named in the leaders' category in Chartis RiskTech Quadrants® for Basel III and Data Management & BI, and for Enterprise Collateral Management.
More than 300 customers are benefitting from improved visibility of the risk they are exposed to across their trading and banking business. These customers are able to coordinate, control and manage risk from every part of their organisation, allowing them to make proactive business decisions based on comprehensive risk intelligence, which is vital to any organisation. Misys has a total of more than 1,900 banks and financial institutions that derive value from its solutions to the ever-changing challenges they face in banking, trading, lending and risk management.
"It is great to see us winning such a prestigious award," states Thierry Truche, Global Head of Product Management, Misys Global Risk. "This accolade is an endorsement from the industry for our leading capabilities in enterprise risk management across the entire banking and trading books within any financial services organisation. We have the broadest and deepest portfolio of solutions and the experience to meet the risk challenges faced by financial institutions throughout the world and we are delighted to receive this confirmation of our strengths."
