Strategic Investment Group® Selects Misys Sophis VALUE for Front-to-Back Investment Support
LONDON, January 17, 2012 /PRNewswire/ --
Deal reaffirms Sophis VALUE's position as the leading asset management solution
Misys plc (FTSE: MSY.L), the global application software and services company, today announces that Strategic Investment Group (Strategic), an asset allocator with $27.9 billion in assets under management as of September 30, 2011, has selected Sophis VALUE for cross-asset trading and global risk management.
Sophis VALUE provides Strategic, the aiCIO magazine 2011 Investment Outsourcing Award Winner, with a single system to oversee their diversified positions with external managers, as well as their direct investments. The asset manager will use Sophis VALUE for front-to-back transaction processing, holistic global risk management and investment accounting.
"As our business continues to expand and global markets evolve, we need a comprehensive platform that can manage all of our externally and internally managed investments across asset classes," said Carol A. Grefenstette, Founding Partner and CFO of Strategic. "Sophis VALUE not only addresses the various needs of our portfolio managers, operations staff and risk managers, the solution also has the flexibility to adapt to our specific business processes. Sophis VALUE provides us with a single, configurable system that will keep up with our growth. We look forward to working with the Misys team as our portfolios evolve."
Olivier Vinciguerra, COO for Misys Sophis North America, said: "We are seeing an increased shift in asset managers moving from a best-of-breed approach for all system components, to a consolidation of business functions by using a one-stop solution to help reduce operational risk and minimise architectural complexity. We are constantly improving our offering to investment management firms, such as Strategic, with continuous investments into new components of Sophis VALUE."
Sophis VALUE is a fully integrated cross-asset solution for investment management that leverages straight-through-processing to handle the complete trading life cycle from portfolio management to middle- and back-office operations, to risk management and compliance. It combines sell-side level financial and technological capabilities with the user-friendliness, modularity, connectivity and ease of implementation required by the buy-side. Sophis VALUE has been adopted by 90 institutions worldwide, from start-up hedge funds to global asset management companies.
About Strategic Investment Group (Strategic)
Strategic Investment Group was founded in 1987 by the former World Bank senior pension team to provide Integrated Portfolio Solutions, a comprehensive investment outsourcing approach for managing customized portfolios for institutional and private investors from around the globe. For more information, please visit http://www.strategicgroup.com.
About Misys plc
Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to financial services organisations. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success.
Misys is a market leader with over 1,300 customers, including all of the world's top 50 banks. Misys employs approximately 4,000 people and works with over 100 partners globally 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. Working with our extensive partner network, together we create compelling solutions enabling our customers to differentiate themselves and drive a competitive edge.
Misys: experience, solutions, results
Contact us today, visit: http://www.misys.com
For further information please contact:
Edward Taylor
Global Head of Public Relations
Misys
+44(0)20-3320-5530
[email protected]
SOURCE Misys plc
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