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Misys Releases New Version of its Cross-Asset Trading and Risk Solution

Misys has released Misys Summit FT V5.3, the latest version of its treasury and capital markets trading solution.

The new version includes new modules for equities trading, a new system for structured bonds and a new market risk limits offering.

In a statement, Dan Cohen, Solutions Manager for Misys Summit FT said: "Our customers are telling us they want to reduce costs and operational risk, and system rationalization can help on both fronts. Up until recently, no one product has provided a single end-to-end solution across asset classes, causing banks to adopt a silo-ed approach. This release of Misys Summit FT gives banks an opportunity to integrate all their asset classes, including equities, without making any compromise on the depth of functionality in any asset class. This ultimately helps reduce IT spend and improve risk management."

The new equities platform will provide extended coverage for trading and managing equity cash and equity derivatives. Coverage includes pre-deal checks, real-time positions, portfolio management, pricing, risk analysis, confirmation, settlements, corporation actions, valuation and accounting.

The structured bonds offering supports structuring, issuing, investing, position keeping, hedging, swapping, credit and auditing. The new version also includes a new market risk limits monitoring solution with limit breach notifications and dashboards covering P&L, portfolio or trade sensitivity to risk factors and trader daily volume.

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