LONDON, November 16, 2011 /PRNewswire/ --
Misys plc (LSE: MSY.L), the global application software and services company, announced today that it has won the Readers' Choice category of "Best Post Trade Processing Platform" in the 2011 Banking Technology Awards.
Nearly 2,000 readers of Banking Technology responded to its survey into the best solutions in several areas of the financial services sector. For the fourth time since 2007, Misys Confirmation Matching Service (CMS), the multi-bank, multi-instrument post-trade solution, has won the Banking Technology Readers' Choice Award.
Misys CMS is a fully-integrated solution for automated matching of trade confirmations. It facilitates the confirmation process between SWIFT and non-SWIFT counterparties and offers them a broad portfolio of post-trade services. The interbank matching module auto matches bank to bank trading activity. More than 985 banks, fund managers and corporations across the globe rely on Misys CMS for their confirmation, netting and settlement needs. This allows them to increase efficiencies and reduce operational risk without having to allocate expensive human or IT resources to it. The service also provides an enabling link to Custodians and CLS Correspondents for notification of trading activity.
Neil Macro, Global Sales Director for the Misys solution, comments: "I am delighted to see Misys CMS once again honoured at these awards. We are dedicated to providing our customers with a multi-bank post trade confirmation matching service covering the broadest range of treasury and capital markets asset classes. It is particularly powerful knowing that the readers themselves voted for us in this category and underlines the leadership we have in this space and the high-value, quality service we provide to them."
With Misys Confirmation Matching Service, confirmations can be matched or errors identified for follow-up for nearly any treasury or capital markets instrument, often in less than five minutes, immediately reducing the window of risk. The service requires no upfront investment in infrastructure or implementation and allows clients to concentrate their resources on their business while Misys acts as a trusted third party to match confirmations and handle other crucial post-trade transactions.
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: http://www.misys.com
For further information please contact
Global Head of Public Relations
SOURCE Misys plc