Key to the award was the re-architected credit derivatives platform witin Summit FT, introduced last year to deliver innovative multi-asset class systems to global banks with the ability to handle highly complex trades across their front to back office functions. According to The Banker, "Misys' re-architecture of the Summit solution stood out in this category."

Misys Summit was one of the first credit derivatives solutions to be launched to the market in 1998. Since then Misys Treasury & Capital Markets has delivered real value to leading financial institutions operating sophisticated sell-side credit trading environments, by automating the trading process of highly complex deals and providing management tools that reduce operational risk and improve efficiencies.

The new credit derivatives platform has already been adopted by many major institutions, such as Lloyds TSB, which last year decided to support 255 trading desks with Misys Summit FT for a new trading floor in Gresham Street, London.

Dan Cohen, Product Manager, Misys Summit FT, comments: "In today's markets, banks need to be able to handle the latest complex products, automate transaction processing and interface with data providers and matching services such as DTCC and Markit Partners. The new Misys Summit FT credit derivatives module has been designed to respond to these conditions and to enable banks to manage credit events more effectively, improve margins and reduce operational risk."

The Banker's technology awards, now in its fifth year, gives recognition to technologies that show innovation, return on investment, integration with strategy and improvements in customer relations.

Edward Ho, EVP & General Manager, Misys Treasury & Capital Markets, comments: "The knowledge gained from over 17 years in this rapidly changing industry, coupled with our innovative solutions, enables us to keep our customers ahead of their competitors. Winning this award recognises the work and investment we have put into developing Misys Summit FT. We are continually improving Misys Summit FT to ensure the solution drives even greater value to our customers in the future and maintains its position as the derivatives sell-side solution of choice."

Misys Treasury & Capital Markets is a business unit of Misys PLC. It creates integrated, comprehensive solutions for financial institutions and corporate treasury departments across the globe, enabling them to manage their capital market activities across multiple asset classes.

About Misys plc
Misys plc (FTSE: MSY.L), the global software and solutions company, is one of the world's largest and longest-established providers of industry-specific software. Founded in 1979, Misys serves the international banking and healthcare industries, combining technological expertise with in-depth understanding of customers' markets and operational needs. In banking Misys is a market leader with over 1,200 customers, including 49 of the world's top 50 banks. In healthcare Misys is also a market leader, serving more than 110,000 physicians in 18,000 practice locations, 1,200 hospitals and 600 home care providers. Through Sesame, a wholly-owned subsidiary, the company is also a leading provider of support services to financial advisers in the UK. Misys employs around 6,000 people who serve customers in more than 120 countries.

Source : www.misys.com