Part of the latest version of Misys' leading ASP transaction confirmation solution, Misys Treasury Plus, the new UTC module facilitates matching of OTC Derivatives transactions. By utilising a two-part system to match basic transaction stubs and affirm attached supporting documents, the Misys UTC solution can accommodate transactions such as FX exotic options and metals trades.

Treasury professionals will also be able to see additional new features including a report scheduler, a failed SWIFT messages screen, and enhancements to the action list and additional reports - which all serve to increase transaction processing and improve efficiencies across treasury operations.

Misys Treasury Plus recently celebrated the news that matched transactions had topped the 600,000 mark in March of this year - the first time that level had been achieved through Misys Treasury Plus solutions. The company, which services all of the world's top 50 banking institutions, and a host of major corporations and fund managers, expects this figure to rise in the future.

Gilmore Bray, Global Head of Product Development for Misys Treasury Plus, comments: "This is a really significant time in the treasury market with big developments in strategic risk management, cash management, SEPA and Euro payments. Our customers are increasingly leveraging the flexible and agile nature of our Software-as-a-Service (SaaS) model.

"As an online hosted service, we can quickly and confidently adapt each new release to the broad technological demands of the marketplace while tailoring enhancements to tackle the specific pain points the market demands."