Build the ultimate trading and risk platform for the future

Transcription

1 Misys Solution overview Build the ultimate trading and risk platform for the future Find your competitive edge in capital markets

2 From silos to state of the art integration Only the fittest organisations will be agile enough to exploit today s market opportunities.

3 Make technology an enabler in capital markets Capital markets are changing fundamentally and returning to growth. With the post-crisis phase over and the regulatory picture clearer, firms are looking at how to position themselves for the future. State of the art technology makes this future possible today To improve risk controls and mitigation end-to-end integration across business lines and countries. Better-connected, simplified and more agile systems will help firms to reduce costs and risks, and improve ROE Regulations such as Basel III and OTC markets reforms are changing trading and adding huge costs. Market participants need to acclimatise to increasing regulation faster and with less effort and expense As growth returns to global markets all firms need to be able to adapt quickly to market opportunities and create a competitive advantage 80 % 40 % of firms want to achieve greater front-office process and data alignment enterprise-wide Technology transformation projects are estimated to save Source: Celent Source: Accenture, transforming the capital markets firm, steps to profitable growth Misys Solution overview 3

4 The ultimate trad Delivering the tech Overall, banks and capital markets firms will need to drive increased agility into their operations to take advantage of the ongoing uncertainty in the market, rather than simply waiting for more stable conditions to emerge. Deloitte 2014 Banking Industry Outlook With Misys, the latest computational technology adds speed and agility to the trading room. Together with our 30 years of expertise in capital markets software, it delivers the ultimate competitive advantage: the power to know the answers when you need them. speed and agility now and in the fu 4 Misys Solution overview

5 Our component-based approach makes it possible to add new business capabilities without having to upgrade the platform. Open at every stage, Misys ensures enterprise-wide consistency, easy customisation and integration with other applications. ing platform. nology, to succeed ture Misys Solution overview 5

6 At a pivotal moment in capital markets, Misys offers the competitive advantage that will empower tomorrow s winners. Capital markets firms find themselves at a critical moment: faced with a pressing need to move away from desk-based disparate systems, yet stuck with technologies that make this change difficult to achieve. Firms that can rejuvenate their technology and rationalise their business models will gain important advantages faster. For example with a single pricing engine across desks and departments you are able to value with consistency, flexibility and transparency across your business. The opportunity for firms is to achieve a painless transition from today s architecture to state of the art. It s this dramatic, empowering shift that makes possible. Innovating on a foundation of solid capital markets software expertise, Misys is delivering the technology of the future, now. With, your systems can deliver a real-time view, with the agility and speed to respond to market growth and provide a critical competitive edge. 6 Misys Solution overview

7 Defining the future in capital markets now Only those banks that recognise the need for improvement and take decisive action will be able to adapt and optimise their treasury function for the new environment. Boston Consulting Group Misys Solution overview 7

8 Introducing Misys A platform for superior performance and competitive agility from the established leader in capital markets software. With 700 customers and 30 years treasury and capital markets experience, Misys understands the needs of capital markets firms better than anyone else. All too often, selecting best-of-breed for one area or asset class can mean accepting second best for others. With, clients benefit from expertise across asset classes. All products are supported with front to back processing and sophisticated trading tools that offer true real-time, business-wide, cross-system capabilities. Our solutions support the needs of the world s toughest trading environments. When it comes to new functionality, leave and leverage, rather than rip and replace is the philosophy at the heart of. Global components extend the functionality of existing desk-based systems, Misys or non-misys, bringing greater agility and decision-making power across the business. Built to solve the issues facing capital markets today, the platform supports the move away from silos toward an integrated, consolidated approach. 8 Misys Solution overview

9 Trader workstations Global FX positions, money market, rates and fixed income, commodities, FX options, equity, credit inflation, structured products and real-time trading Pricing Summit Curves Global Components Kondor etrading Core trading systems Sophis Enterprise Collateral Opics Structured Products FusionFabric Connect FusionBanking FusionRisk Trading venues Central clearing Regulatory reporting Non-Misys systems Global BackOffice Misys is the ultimate trading platform accessible from any device Misys FusionFabric, the high performance architecture, brings the latest computational technology for speed and agility in the trading room. You can combine our best-of-breed trading systems with global components that add new business capabilities without having to upgrade the platform. Open at every stage, ensures enterprise-wide consistency, ease of customisation and integration with other applications. Misys Solution overview 9

10 Misys The platform brings together Misys trading systems with cloud-based global components that offer business-wide, cross-silo solutions in a single state of the art architecture. Unsurpassed cross-asset coverage. handles OTC derivatives (interest rate, credit, FX, equity), exchange traded derivatives, inflation, fixed income, FX/MM, hybrids and structured products from trading through to accounting. The power to know the answers when you need them. provides infinite computational elasticity and real-time risk with full valuation, which gives a massive advantage when pricing complex strategies - boosting performance and speed with unlimited scalability. The platform copes with big swings in volumes using in-memory computing, the latest approach to big data management. Designed for traders. For a missioncritical capital markets system, depth of functionality is just as important as asset class coverage. In the front office, effortlessly manages trading, managing positions and exposure, what-if scenarios and hedging with screen layouts designed precisely for traders. Dashboards can be applied to mobile and tablet for anytime, anywhere management. Front-to-back trade processing. includes full front-toback processing, improves straightthrough processing (STP) and reduces cost per trade. With automatic, exception-based processing from trade entry through to settlement, the Global BackOffice 10 Misys Solution overview

11 Rapid rollout. Because components can be deployed into legacy environments, you can address globalisation challenges by rolling out fast across borders and entering new markets quickly. Cost efficiency. With, firms can use commodity hardware and call on cloud providers to cope with demand peaks. Modular, open architecture enables more costeffective compliance and creates agility that reduces TCO and supports future growth. Misys FusionFabric The high performance, scalable and resilient architecture GPU Acceleration computing Massive parallelisation of computation-intensive tasks such as pricing Hardware agnostic Lower TCO vs traditional Grid computing High performance computing: In-memory computing with native scalability No limit of computing nodes Lower TCO with commodity hardware Fault tolerance and high availability: Seamless fallover management with data and service redundancy for guaranteed business continuity Multi device support: Light and rich HTML5 user interface accessible from any device such as PC, smart phone and tablet Real-time OLAP cube: Ultra-fast aggregation, Slide and dice on big data sets Real-time updates component delivers a new era in operational efficiency. It brings a single version of truth that s key to meeting regulatory requirements and controlling operational risk. Respond effortlessly to regulatory changes. Making regulatory changes in multiple systems is time-consuming and costly. responds to this challenge with a componentised and consistent approach that gives you the ability to adapt quickly to regulations. It provides a centralised, business-wide solution for your trading systems ensuring compliance with Dodd-Frank and EMIR, and connectivity to central clearers and trade repositories. Ensure enterprise-wide consistency. A range of global components bring collaboration and consistency across your business. Components include a global pricing engine and modules for sharing curves across applications, e-trading and regulatory reporting. Computational power and flexibility. Trade, analyse, simulate and execute faster with the Misys Fusion architecture based on in memory computing rather than a SQL-only approach to big data management. Dynamic resource allocation and CPU utilisation improves ROE and optimises use of hardware. Add new business capabilities in days. Incremental functionality can be deployed without the need for a platform upgrade. Leveraging your existing solutions adds immediate value and delivers faster ROI compared to the rip and replace approach that also results in significant cost and project risk. Total openness. You can integrate proprietary pricing and reporting modules easily to ensure compliance with local regulations. At the same time s openness makes it possible to customise it to your own needs quickly and easily. Misys Solution overview 11

12 Success stories Reposition for growth International bank repositions for growth and efficiency with. With capital markets expertise across assets, this leading bank has a focus on developing business within new regions and extending its product coverage. Having used Summit, Sophis and Banking to provide its core trading system for several years, the bank wanted to support its growth ambitions by improving efficiency, market agility and its readiness to address regulatory pressure. Using s open architecture made it possible to share functionality across business lines, reduce TCO. And with rapid onboarding of new products, users have been able to create their own model specifications. Aggregated reporting, which provides full visibility across positions, has made the bank more agile and able to respond to changes in regulations. The solutions have effectively created seamless front-toback workflows, and scheduled back office consolidation will improve ROE further. 12 Misys Solution overview

13 Top 5 leading bank in China consolidates global treasury infrastructure. Having built an extensive network of over 2,000 domestic and overseas branches, the next challenge for this leading bank was to develop a cost-effective way of running this global business. Central to this strategy was the ability to transform its existing technology assets into an agile and scalable global platform, while achieving a fully integrated front, middle and backoffice solution to cater for cross-asset trading. Cutting operational risk and achieving bank-wide consistency in response to greater regulatory pressure was also essential. The bank chose to build on its investment in Summit to integrate cross asset trading, adding Curves for centralised management of market data, curve definitions and algorithms. This way, the bank was able to realise the potential of its existing technology investment and achieve a streamlined global system, without having to undertake a company-wide system replacement. With centralised monitoring of market data and curve definitions it can also support a rapid response to greater risk controls. Misys Solution overview 13

14 Professional services and customer support An industry proven best practice approach that s the guiding principle of our professional services and support model. Misys clients benefit from our long track record of successful implementations. We appreciated the SAG service that provides a direct and effective communication channel between banks and the system vendor (Misys). Mr. Tang Yong Feng Team leader, Treasury Systems - China Minsheng Banking Corporation Professional services Best-practice delivery The Misys delivery model is incorporated into our entire product lifecycle. We leverage best practice business processes in the design, development and quality assurance of all of our products. While we acknowledge that one size doesn t fit all in financial software, we know that a delivery approach that focuses on industry proven best practice process models helps our clients to save costs and benefit from the institutional knowledge Misys has developed across thousands of successful implementations. It means: Faster implementation: Repeatable delivery means projects are shorter and more predictable. Reduced TCO: Clear focus avoids unnecessary expenditure. Less risk: A standard, proven approach means many risks have already been mitigated. Centre of excellence Co-located with our development teams, the 200-strong Misys Service Delivery Centre ensures that we share best practice both internally and with partners. It enables us to refine implementations offsite before taking them back to the client. Customer support Misys clients benefit from the expert knowledge of resources worldwide whose primary function is to provide professional, scalable software support and maintenance. Deep domain expertise. Our technical and application support people have strong industry and product knowledge with continuous technical and industry training programs to ensure that Misys support teams can meet your evolving business needs. Scalable support model. As a Misys client, you can choose from a standard, professionalised support model or a specialised, premium support package depending on your needs. Because Misys support has a broad, global footprint that operates in all time zones and regions, Misys teams can scale to your requirements. Valuable advisory services. Our Systems Advisory Group (SAG) provides system reviews to help clients understand how to use their Misys systems more effectively and derive maximum value from their applications. SAG reviews have helped more than 80% of participating customers to identify ways to utilise their Misys software more effectively and use more system functionality. 14 Misys Solution overview

15 Proven, award-winning solutions Risk Technology Rankings 2013 Overall Winner: Enterprise Risk Management Winner: Trading Systems Equities Winner: Trading Systems Forex Winner: Trading Systems Rates Winner: Pricing and Analytics Equities Winner: Liquidity Risk Management Winner: Regulatory Compliance Winner: Reporting; and System Support & Implementation. AsiaRisk Technology Rankings 2013 Overall Winner: Enterprise Risk Management Winner: Pricing and Analytics Equities Winner: Pricing and Analytics Rates Winner: Trading Systems Forex Winner: Trading Systems Equities. Structured Products Technology Rankings 2013 Number One trading system Foreign Exchange Number One trading system Rates.

16 About Misys Misys is at the forefront of the financial software industry, providing the broadest portfolio of banking, capital markets, investment management and risk solutions available on the market. With more than 2,000 customers in 130 countries our team of domain experts, combined with our partner eco-system, have an unparalleled ability to address industry requirements at both a global and local level. We connect systems, collect data and create intelligent information to drive smarter business decisions. To learn more about how our Fusion software portfolio can deliver a holistic view of your operations, and help you to solve your most complex challenges, please visit misys.com and follow on Twitter. Corporate headquarters One Kingdom Street Paddington London W2 6B United Kingdom T Misys and the Misys globe mark are trade marks of the Misys group companies Misys. All rights reserved. 50 / 0614