Technology

Financial Software Firm Mysis Rolls Out Cost-Cutting Solutions

Radhika Badiani London 4 July 2014

Financial Software Firm Mysis Rolls Out Cost-Cutting Solutions

Misys, the UK-based financial software house, has rolled out a new set of solutions for firms under a common architecture, FusionFabric.

London-headquartered financial software company Misys, which services the wealth management community amongst other industries, has launched a new set of solutions under a common architecture named FusionFabric.

The new software allows financial services organisations to integrate Misys software with third-party or bank-built systems and services.

The software family involves four solution components; FusionBanking, incorporating FusionBanking Essence, a banking system enabling deeper customer insight for retail, commercial and business banking; FusionCapital, a trading platform for cross-asset trading, valuation, simulation and regulatory reporting' FusionInvest, portfolio and risk management software; and finally FusionRisk,  which provides market, credit and liquidity risk solutions.

“Our Fusion portfolio fundamentally changes the way banks and financial institutions can protect their IT investments and drive future growth,” said Nadeem Syed, chief executive, Misys.

“Banks do not need to rip out existing systems, but can select the appropriate components to enable them to gain competitive advantage,” he added.

Misys is a partner to more than 2,000 banks and financial institutions in 130 countries.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes