Misys Risk Management Software Takes Global Accolade

After only six months from launching its latest suite of risk management products, Misys Global Risk (MGR) has been recognized with the “Risk Management Software of the Year” award at the globally-renowned FS Tech awards recognizing excellence and innovation in the field of information technology within the Middle East and African financial services sector.

Misys Global Risk (MGR) was recognised by the judges for being an innovative modular risk management solution which has taken a different approach from competitors; offering a centralised and comprehensive governing layer of risk analysis and reporting with industry-proven risk modules that are able to deliver seamless collaboration and improved decision making, irrespective of where the information lies, whether in-house at the bank of in a third party system.

“We are delighted that we have won this award,” states Thierry Truche, Head of Product Management, Misys Global Risk. “The innovation in our product enables our customers to create a consistent and timely view of global exposure for all aspects of risk across their business. Management teams are feeling increased pressure to show more ROI on their risk systems, particularly where financial institutions operate across multiple trading systems. Our solution allows them to do this with ease, improving transparency and making it possible to produce analysis and reports on an intra-day, or real-time, basis.”

The company won against a strong field of contestants, including Landmark Quest/Lloyds Banking Group, Omgeo, OpenGamma, Quantifi, Quartet FS, Tinubu Square and Wolters Kluwer Financial Services.