RealWire Limited

Delivering Relevance, Releasing Influence

Issue Date

Related Links
FRTB and the Upcoming Renaissance in Market Risk Management Report
Misys FusionCapital FRTB


Tags
FRTB
Compliance
Capital Markets
Awards
Fintech
Misys

Release Feed
RSS FeedMisys Feed
Share Release
Tweet Facebook LinkedIn
blink it Reddit! Stumble It! Add to Diigo Bookmark this on Delicious
Tweet Facebook LinkedIn
Press Release

Misys leads the way in FRTB with three XCelent 2017 awards

Misys is the only vendor to be named a leader in three separate categories

London, UK - 15 March 2017 - Misys has been recognised as a leader in helping banks meet the requirements of the Fundamental Review of the Trading Book (FRTB) - winning three XCelent 2017 awards - an achievement unmatched by any other vendor. The results are outlined in Celent’s recent research report: ‘FRTB and the Upcoming Renaissance in Market Risk Management’.

The XCelent Awards ranked Misys FusionCapital FRTB as a leader in three out of four ABCD Dimensions and noted the strength of the solution in each of the following categories:

  • Advanced Technology and Features - the full architectural vision laid out by Misys and its component-based approach is compelling for firms looking to employ, protect and enhance their risk management infrastructure;
  • Breadth of Coverage and Functionality - Misys delivers broad coverage associated with the FRTB ecosystem built on component-based and modular functionality across front, middle and back office;
  • Depth of Client Services - Misys has strong internal and external execution capabilities, a credible partner network as well as an excellent understanding of FRTB/market risk co-existence and migration approaches.

Cubillas Ding, Research Director and Co-author of the report at Celent said, “FRTB will be a catalyst in changing the landscape of market risk management practises and operations within banking and capital markets institutions. Forward-looking firms are looking to improve the way they manage risk by rethinking how front office, risk and finance functions can embrace emerging innovations - to redesign smarter ways in which risk can be managed and profitability delivered.”

Boris Lipiainen, Global Head of Product Management at Misys commented, “The industry is in a mixed state of readiness for FRTB. Banks need to catch up on compliance, but they also need to think beyond FRTB and 2020. A technology solution for FRTB must balance the need for compliance with the need to achieve advances in technology infrastructure flexibility and efficiency. These XCelent awards recognise the value of our open, component-based approach in giving banks the flexibility to integrate FRTB functionality with their existing infrastructure and to undertake planned strategic development that will help them meet future business needs and achieve competitive advantage.”

- Ends -

About Misys
We provide the broadest, deepest portfolio of financial services software on the market. Our solutions cover retail and corporate banking, lending, treasury, capital markets, investment management and enterprise risk. With more than 2,000 customers across 125 countries our team of domain experts and partners has an unparalleled ability to address industry requirements at both a global and local level. We deliver market leading solutions by putting customer needs at the centre of everything we do. We offer a unique componentised, open architecture to enable our clients to innovate, connect and expand their existing services and increase value faster. To learn more about how our Fusion software portfolio can deliver a holistic view of your operations, and help you to solve your most complex challenges, please visit http://www.misys.com/ and follow @MisysFS on Twitter. For the latest news, interviews, videos and features from the financial technology industry visit http://www.fusionwire.net/.

For more information please contact:
Caroline Duff
caroline.duff@misys.com
+44 (0)20 3320 5892