Misys Partners with Triple Point to Offer Market-Leading Commodities Coverage
Poster: SySAdmin
Posted on July 19, 2010 at 3:28:01 AM
Misys Partners with Triple Point to Offer Market-Leading Commodities Coverage
LONDON, July 19, 2010-- Misys plc (FTSE: MSY.L), the global application software and
services company, today announces that it has signed a partnership with
Triple Point Technology, the leader in commodities management solutions, to
extend the coverage of Misys Summit FT to include commodities.
Misys Summit FT already has extensive cross-asset coverage,
including OTC derivatives, fixed income, FX, equity and structured products,
which enable customers to manage their trading operations and risk more
effectively. Through the partnership, Misys and Triple Point have jointly
developed additional functionality within Misys Summit FT to include a wide
coverage of commodities, completing Misys' full cross-asset strategy.
Misys Summit will leverage the underlying technology within
Triple Point's products and provide advanced commodity capabilities as
standard within Summit. The solution will provide extensive coverage of
commodities including energy, agriculture and metals, managing all
derivatives, forwards, options and underlyings.
"A vast majority of our Summit customers want to expand their
use of our solution so that they can rationalise systems and costs and
further reduce risk with a greater cross-asset view of positions," states Dan
Cohen, Solution Manager, Misys Summit. "Our partnership with the commodities
experts from Triple Point significantly enhances our ability to provide full
cross-asset coverage to our customers. Through this new Summit solution,
middle and back-office users of Summit will get a full cross-asset view of
positions and transactions including commodities. We can now enable our
customers to benefit from best of breed functionality and the cost savings
that are possible by moving all asset classes to Summit."
Dilip Daswani, Vice President, Corporate Development from
Triple Point, adds, "We are delighted to be working with such a widely
recognised solution provider. The combination of our advanced solutions,
commodities expertise and Misys' broad coverage will guarantee the industry a
best-of-breed solution with true cross-asset functionality."
About Misys plc
Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions
that deliver significant results to organisations in the financial services
and healthcare industries. We maximise value for our customers by combining
our deep knowledge of their business with our commitment to their success.
In banking and treasury & capital markets, Misys is a market leader, with
over 1,200 customers, including all of the world's top 50 banks. In
healthcare, Misys plc owns a controlling stake in NASDAQ-listed
Allscripts-Misys Healthcare Solutions, Inc, a clear leader in the provision
of healthcare technology, serving more than 150,000 physicians, 700 hospitals
and nearly 7,000 post-acute and homecare organisations. Misys employs around
6,000 people who serve customers in more than 120 countries.
We aspire to be the world's best application software and services
company, delivering results for the most important industries in the world.
Misys: experience, solutions, results
Contact us today, visit: http://www.misys.com
About Triple Point Technology
Triple Point is the leading global provider of innovative software
solutions to efficiently and profitably manage commodities and enterprise
risk. Triple Point's growing, loyal customer base of over 260 companies
represent all industries with exposure to energy and raw materials including
oil and gas, coal, metals, agriculture, transportation, shipping, consumer
products (CP), discrete manufacturers, and big box retailers. The company was
named a 'Leader' in Gartner's ETRM Magic Quadrant for its completeness of
vision and ability to execute. Triple Point offers the only real-time
solution to manage market/price, counterparty credit, operational, and
regulatory risk on a tightly integrated platform. Founded in 1993 and
headquartered in Westport, CT, USA, Triple Point employs over 600 people in
11 offices and support centers around the globe. http://www.tpt.com.
For further information please contact
Edward Taylor
Global Head of Public Relations
Misys
Solutions for Banking and Treasury & Capital Markets
+44(0)20-3320-5530
edward.taylor@misys.com
Sebastian Mathews
Financial Dynamics
+44(0)207-269-7158
sebastian.mathews@fd.com
Source: Misys plc
For further information please contact Edward Taylor, Global Head of Public Relations, Misys, Solutions for Banking and Treasury & Capital Markets, +44(0)20-3320-5530, edward.taylor@misys.com ; Sebastian Mathews, Financial Dynamics, +44(0)207-269-7158, sebastian.mathews@fd.com
LONDON, July 19, 2010-- Misys plc (FTSE: MSY.L), the global application software and
services company, today announces that it has signed a partnership with
Triple Point Technology, the leader in commodities management solutions, to
extend the coverage of Misys Summit FT to include commodities.
Misys Summit FT already has extensive cross-asset coverage,
including OTC derivatives, fixed income, FX, equity and structured products,
which enable customers to manage their trading operations and risk more
effectively. Through the partnership, Misys and Triple Point have jointly
developed additional functionality within Misys Summit FT to include a wide
coverage of commodities, completing Misys' full cross-asset strategy.
Misys Summit will leverage the underlying technology within
Triple Point's products and provide advanced commodity capabilities as
standard within Summit. The solution will provide extensive coverage of
commodities including energy, agriculture and metals, managing all
derivatives, forwards, options and underlyings.
"A vast majority of our Summit customers want to expand their
use of our solution so that they can rationalise systems and costs and
further reduce risk with a greater cross-asset view of positions," states Dan
Cohen, Solution Manager, Misys Summit. "Our partnership with the commodities
experts from Triple Point significantly enhances our ability to provide full
cross-asset coverage to our customers. Through this new Summit solution,
middle and back-office users of Summit will get a full cross-asset view of
positions and transactions including commodities. We can now enable our
customers to benefit from best of breed functionality and the cost savings
that are possible by moving all asset classes to Summit."
Dilip Daswani, Vice President, Corporate Development from
Triple Point, adds, "We are delighted to be working with such a widely
recognised solution provider. The combination of our advanced solutions,
commodities expertise and Misys' broad coverage will guarantee the industry a
best-of-breed solution with true cross-asset functionality."
About Misys plc
Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions
that deliver significant results to organisations in the financial services
and healthcare industries. We maximise value for our customers by combining
our deep knowledge of their business with our commitment to their success.
In banking and treasury & capital markets, Misys is a market leader, with
over 1,200 customers, including all of the world's top 50 banks. In
healthcare, Misys plc owns a controlling stake in NASDAQ-listed
Allscripts-Misys Healthcare Solutions, Inc, a clear leader in the provision
of healthcare technology, serving more than 150,000 physicians, 700 hospitals
and nearly 7,000 post-acute and homecare organisations. Misys employs around
6,000 people who serve customers in more than 120 countries.
We aspire to be the world's best application software and services
company, delivering results for the most important industries in the world.
Misys: experience, solutions, results
Contact us today, visit: http://www.misys.com
About Triple Point Technology
Triple Point is the leading global provider of innovative software
solutions to efficiently and profitably manage commodities and enterprise
risk. Triple Point's growing, loyal customer base of over 260 companies
represent all industries with exposure to energy and raw materials including
oil and gas, coal, metals, agriculture, transportation, shipping, consumer
products (CP), discrete manufacturers, and big box retailers. The company was
named a 'Leader' in Gartner's ETRM Magic Quadrant for its completeness of
vision and ability to execute. Triple Point offers the only real-time
solution to manage market/price, counterparty credit, operational, and
regulatory risk on a tightly integrated platform. Founded in 1993 and
headquartered in Westport, CT, USA, Triple Point employs over 600 people in
11 offices and support centers around the globe. http://www.tpt.com.
For further information please contact
Edward Taylor
Global Head of Public Relations
Misys
Solutions for Banking and Treasury & Capital Markets
+44(0)20-3320-5530
edward.taylor@misys.com
Sebastian Mathews
Financial Dynamics
+44(0)207-269-7158
sebastian.mathews@fd.com
Source: Misys plc
For further information please contact Edward Taylor, Global Head of Public Relations, Misys, Solutions for Banking and Treasury & Capital Markets, +44(0)20-3320-5530, edward.taylor@misys.com ; Sebastian Mathews, Financial Dynamics, +44(0)207-269-7158, sebastian.mathews@fd.com