18 August 2017
Find out more

Blue Sky Group taps Misys for core portfolio management platform

05 March 2014  |  1416 views  |  0 Source: Misys

Misys, a leading provider of software solutions to financial services institutions, has been selected by Blue Sky Group, the sixth largest fiduciary pension fund in the Netherlands, to provide its core portfolio management platform.

The Dutch investment firm, which is KLM's pension fund and also a fiduciary manager for nine different clients, will manage nearly €17b of assets with the Misys Sophis VALUE platform. Blue Sky Group's decision to implement the system comes on the back of the recent announcement that Legal & General Investment Management also selected Misys Sophis to manage the trading and risk activities on its fixed income portfolio.

Commenting on the decision to implement Misys Sophis, Mark Burbach, Chief Investment Officer at Blue Sky Group, said, "In response to a desire from our front office for a new portfolio management platform we looked at a number of solutions on the market. The capabilities of the Misys Sophis platform combined with the professionalism of their teams convinced us that Misys Sophis was the right solution for us. Misys was able to support us with getting buy-in for the project internally, and impressed us with their high level of expertise and understanding of our business model, giving us confidence that the implementation project will be handled effectively and that our business will fully benefit from the software once we go live."

Tim Green, General Manager, Buy Side, at Misys, added, "We worked with an exceptional team at Blue Sky Group to make sure we delivered the optimal solution for their business. We are now focusing on helping Blue Sky to integrate Misys Sophis into its front and middle office functions so they can begin to benefit from the added value our solution provides as soon as possible. Our initial focus is to help Blue Sky overcome their current regulatory challenges, reduce operational risk and establish the necessary foundations to facilitate future growth in their fund."

The Blue Sky Group project represents an important strategic milestone for Misys as it gains traction in the Benelux region. Adoption of Misys Sophis is growing in this region and across the global pension fund industry. Full implementation of the Misys Sophis platform into Blue Sky Group's front and middle operations is due to be completed at the end of 2014. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comdownload the paper nowvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
7584 views comments | 22 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7273 views comments | 19 tweets | 23 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6008 views 1 | 5 tweets | 3 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
5946 views comments | 10 tweets | 7 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
5834 views comments | 11 tweets | 9 linkedin

Featured job

Competitive base and bonus, plus benefits
London, UK

Find your next job