The new deal will see the integration of the NumeriX 6 pricing and risk analytics solution within Misys’ treasury and capital markets solutions – Misys Summit and Misys Opics Plus – and will benefit traders and structures by giving them improved pricing capabilities for exotic derivatives and structured trades.
The enhanced independent pricing and risk information for structured products and exotic OTC derivatives will improve front-to-back integration across both solutions, enabling users to quickly and accurately calculate prices for popular structured products across a wide variety of asset classes, such as interest-rate, equities, and foreign exchange. Alongside decision-making and risk management situations, these advanced pricing models are also being used in other functions, such as reporting and accounting.
The latest deal to extend the partnership will give financial institutions seamless access to critical information directly from Misys Summit and Misys Opics Plus. The integration of NumeriX 6 and Misys Summit gives traders a ready-to-use interface that can handle customized mapping, providing Summit users with the option to plug their own models or use models developed by Misys. The new solution will be launched in the first quarter of 2008.
