LONDON, November 22, 2010 /PRNewswire/ -- Misys plc , the global application software and services company, has won the "Best Trade Processing Product" category in the 2010 Banking Technology Awards.
Nearly 1,000 readers of Banking Technology responded to its survey into the best solutions in several areas of the financial services sector. Misys Confirmation Matching Service (CMS), the multi-bank, multi-instrument post-trade solution, won the Readers' Choice for the "Best Trade Processing Product".
Misys Confirmation Matching Service 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. More than 900 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 risk without having to allocate expensive human or IT resources to it.
Neil Macro, Global Head of Sales for the Misys solution, comments: "This is the third time in four years that we have won this award, which is a great accolade for our team. It underlines the benefits that our service gives our customers over and above our competitors' offerings. We look forward to the next year as we continue to innovate and add further value to our clients."
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 , 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 banking and treasury & capital markets, with over 1,200 customers, including all of the world's top 50 banks. Misys employs around 3,500 people 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 financial services industry throughout the world.
Misys: experience, solutions, results Contact us today, visit: http://www.misys.com For further information please contact Edward Taylor Global Head of Public Relations Misys Solutions for Banking and Treasury & Capital Markets +44(0)20-3320-5530 firstname.lastname@example.org Sebastian Mathews Financial Dynamics +44(0)207-269-7158 email@example.com
SOURCE: Misys plc
CONTACT: For further information please contact: Edward Taylor, GlobalHead of Public Relations, Misys, Solutions for Banking and Treasury &Capital Markets, +44(0)20-3320-5530, firstname.lastname@example.org; SebastianMathews, Financial Dynamics, +44(0)207-269-7158, email@example.com