Financial Software Firm Mysis Rolls Out Cost-Cutting Solutions

Radhika Badiani

4 July 2014

London-headquartered financial software company , 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.