- Expert Views
Misys wins “Best Buy Side Risk Management Initiative” award
21 February 2012 • Source: Misys
Misys plc, the global application software and services company, has won the “Best Buy Side Risk Management Initiative” for its Sophis VALUE solution from leading regional investment journal, Asia Asset Management.
The success marks the second consecutive year that Misys’ flagship buy-side platform has been recognised as an industry leader by Asia Asset Management’s Best of the Best Awards and complements another first place ranking in 2011 for Misys in a risk management category, underlining its leadership position in this important space.
Asia Asset Management’s Best of the Best Regional awards are designed to identify Asia’s top performers from financial services companies and institutional investors, to service providers who have led the way in terms of innovation, service to clients and overall expertise in their field.
Sophis VALUE stands out as an impressive product because it delivers fully integrated holistic risk management capabilities that enable investment managers to measure portfolio risk, carry out stress tests and perform VaR and liquidity risk calculations in real time and across multiple asset classes. Misys launched a new version of Sophis VALUE in October last year that leveraged core functionality from Misys’ standalone risk management solution, Misys Risk. Several enhancements for pre-trade risk control, liquidity risk management and market data management were added to answer the increasing need for further risk measures and analytics, stricter controls and accurate reporting among investment management firms.
Corinne Grillet, Chief Operating Officer, Misys Sophis, Asia Pacific comments, “We are proud that Sophis VALUE has again been recognised by Asia Asset Management as a leading portfolio and risk management solution. Global economic uncertainty, plus evermore extensive and complex regulation, means financial institutions have had to quickly adapt to effectively measure and manage market, credit and liquidity risk. Misys offers an integrated enterprise-wide risk management solution, which gives our customers the ability to accurately manage risk via a single and consolidated system that spans across their entire business.”
Sophis VALUE is a fully integrated cross-asset solution for investment management that leverages straight-through-processing to handle the complete trading life cycle from portfolio management, to middle- and back-office operations, to risk management and compliance. It combines sell-side level financial and technological capabilities with the user-friendliness, modularity, connectivity and ease of implementation required by the buy-side. Sophis VALUE has been adopted by over 80 institutions worldwide, from start-up hedge funds to global asset management companies.