Misys adds derivative and exposure management to Treasury Plus
09 January 2006 | 2500 views | 0
Source: Misys Banking Systems
Misys Banking Systems (Misys) today announces that Misys Treasury Plus, its market-leading Integrated Treasury Portal, now offers corporate treasurers the ability to streamline risk management and compliance efforts with the launch of its derivative and exposure management application.
This new capability will enable front, middle, and back office treasury and risk management to be fully automated, with unparalleled ease-of-use, and without the costs and complexity of traditional installed systems.
Misys Treasury Plus is on-demand "Software as a Service" for corporate and institutional treasuries, combining the benefits of anywhere, anytime access with full feature rich functionality. The inclusion of Reval's proven, sophisticated derivative pricing analytics and hedge management capabilities into the Misys portal enables corporate treasury departments to have the risk management and compliance reporting capabilities they need in one integrated solution.
A true multi-asset class application, the Misys Treasury Plus Risk application brings coverage and independent valuation of instruments including FX, Interest Rates, Energy, Metals and Agriculture. Partnering with Reval, Misys provides customers with the industry's most comprehensive hedge accounting module for FAS 133/IAS 39 and other regulatory requirements.
"Most of our corporate customers are looking to manage all of their treasury activities from one platform rather than having to gather and integrate data from disparate systems," comments Mark Davies, CEO Global Managed Services, Misys Banking Systems. "Our transaction and application services are already leading in their class. Reval is one of the leading providers of risk management to the high end corporate treasury market. The integration of both our offerings furthers our customers' ability to maximise both the efficiency and effectiveness of treasury operations, saving time and money while minimising risk."
"Portals are not a new concept and in the early days of the Internet, many did not offer any real value," notes Jiro Okochi, CEO & Co-Founder of Reval. "But timing is everything and Misys Treasury Plus has really gathered the best of breed offerings in this space. The result is a powerful value proposition that fills the void left by single solution treasury workstations. We are very excited to be a partner with Misys for the long term."