Misys says Apollo has been integrated with Financial Software's CGix solution, enabling the system to interface to any UK capital gains tax (CGT) calculator.

The up-graded system is also now able to handle UK-specific tax efficient savings products such as ISAs and PEPs and includes automated modelling and client reporting tools.

Chris Potts, CEO, Misys Asset Management Systems, says: "We not only offer a key solution for UK private wealth management investment processes, but also conclude full UK localisation of the system."