LONDON, April 4, 2013 /PRNewswire/ -- Number One trading systems vendor in Foreign Exchange and Rates Misys, the number one independent financial services software provider, has come first in two categories of the annual Structured Products magazine technology rankings. Misys achieved the top position in Foreign Exchange and Rates trading systems. Misys achieved top three positions in nine of the categories, reinforcing its leadership position in capital markets software. Misys has consistently been recognised for its innovation in the industry, enabling structured products to be built with underlyings that span multiple asset classes. Customers of Misys rely on its products to ensure effective risk control and compliance with regulations coupled with a rigorous front-to-back process. A recent ROI study by Misys has shown that the value of an automated structured products solution is immediate and significant. Based on interviews with Heads of trading risk, financial risk, trading systems, and IT for capital markets, Directors of Finance, Operations Managers, and Project Managers, at a number of international financial organisations, the value falls into three main categories:
Improving operational efficiencies by reducing the time spent creating and managing structured products.
Reducing the risk of pricing bias.
Driving business growth through increasing the volume of structured products sold.
The same study showed that Misys customers can see an 80 per cent improvement in operational efficiencies through implementing a structured products solution. Boris Lipiainen, Global Head of Product Management at Misys, comments, "It is great to see us leading the way in capital markets solutions coverage in the market. We are delighted that our developments across our broad cross-asset class offerings are being recognised by our customers and the readers of Structured Products magazine once again." About Misys Misys is at the forefront of the financial software industry, providing the broadest portfolio of banking, treasury, trading and risk solutions available on the market. With 1,800 customers in 120 countries our team of domain experts and partners have an unparalleled ability to address industry requirements at both a global and local level.