Misys
From Wikipedia, the free encyclopedia
| Misys | |
|---|---|
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| Type | Public (LSE: MSY) |
| Founded | 1979 |
| Headquarters | London, England |
| Key people | Mike Lawrie, CEO Sir Dominic Cadbury, Chairman |
| Products | Software |
| Revenue | £563 million GBP (May 2007) |
| Employees | 4,685(March 2008) |
| Website | www.misys.com www.misysbanking.com www.misyshealthcare.com |
Misys plc is a global software company that provides products, solutions, and services to the financial services and healthcare sectors. It was formed in 1979 with headquarters in London, England. It serves clients out of more than 30 offices around the globe.
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[edit] Financial Software
In financial services, the company's software is used in retail banking, corporate and wholesale banking to automate processes and manage risk. Misys also provides software to capital market activities across multiple asset classes. Misys financial software is used in 1200 financial institutions across 120 countries, including all of the top 50 largest banks in the world. The banking divisions are Misys Treasury and Capital Markets (TCM) and Misys Core Banking.
Misys Treasury & Capital Markets (TCM) creates integrated solutions for financial institutions to manage their capital market activities across multiple asset classes. It is a wholly owned subsidiary of Misys plc, headquartered in London, United Kingdom.
TCM solutions include:
- Misys Eagleye: A solution that enables financial institutions to monitor, control and comply with business rules, regulations and limits. It allows for quicker identification of exceptions for better decision making and provides greater controls to senior management.
- Misys Loan IQ: A front-to-back commercial loan processing solution that covers the entire life cycle of a loan – from origination and deal tracking to accounting and settlement. It can be used to process simple bilateral deals to highly complex syndicated deals, including secondary trading. Loan IQ transforms the complexities within the loan cycle into a streamlined, controlled process, and provides the client with full visibility into the loan life cycle. As a result, clients can better manage their loans, streamline work flow, increase efficiencies and reduce operational risk. Loan IQ is used by over 60% of the North American and European agent banks, and processes more than one third of the world’s syndicated loans and half the global traded loan volume.
- Misys Opics Plus: A front-to-back multi-asset class solution built on Microsoft .NET, with an SOA, multi-tiered, parallel processing architecture. It offers customers faster transaction processing with a broad functional coverage.
- Misys Summit FT: Deployed by global banks requiring innovative multi-asset class systems with the ability to handle highly complex and structured trades across their front to back office functions. It speeds-up innovation, reduces operational risk and improves Straight Through Processing. Awarded Best Sell-Side Innovation Award 2007 for credit derivatives processing by The Banker, a daughter publication of the Financial Times and brought Misys Technology Provider Of The Year, 2007 from Structured Products magazine.
- Misys Treasury Plus: A hosted managed solution with over 850 customers worldwide, it provides a secure access point from which to seamlessly manage treasury operations. The solution leads the market in post-trade confirmations, enhancing STP, reducing operational risk and eliminating manual processing errors in one streamlined application.
Misys Banking is the specialist banking solutions business within Misys plc with a customer base across retail banking, corporate and wholesale banking.
Main solutions include:
- Misys Almonde: This compliance & performance monitoring platform is built on a common platform with a single data model and analysis engine. Misys Almonde helps banks manage the critical relationship between Return and Capital. Pre-packaged processes and regulatory reports are available to meet both the banks' own demands and those of the national regulators
- Misys Bankmaster: A packaged core retail banking solution, that is designed for small and medium sized banks.
- Misys Equation: A complete, front-to-back retail banking system.
- Misys Message Manager: A messaging layer that delivers components for the creation, routing, workflow, management and delivery of financial messages. This standards-based approach provides a single, message processing layer between any and all back-office systems and external networks.
- Misys Midas Plus: A core banking system primarily for corporate and private banks.
- Misys Trade Services: Misys Trade Services is comprised of its market leading trade finance back office system, the award winning TI Plus and corporate front-end, Misys Trade Portal.
[edit] Healthcare Software
Misys healthcare software allows electronic health records and patient data to be shared across multiple points-of-care represented by physician practices, hospitals, and home healthcare organizations. Misys healthcare software is used by more than 110,000 physicians in 18,000 practice locations, 1,200 hospitals, 600 home care providers, and hundreds of clinics, labs and related groups.
- Misys Optimum clinical products and Web-based technologies
- CPR/CPOE Misys CPR, electronic health record system, computerized physician order entry and outcomes management solutions
- Misys Connect Web-based data sharing solution, recently made open source
- Misys EMR, specialty-focused electronic medical records
- Claims Management / EDI / Transactions Misys offers solutions to automate and secure claims management and electronic patient billing and communication.
- Hospital Departmental Systems information systems including lab, commercial lab, pharmacy, alert products and clinical financial solutions
- Misys Homecare, a home health IT system for home health, private duty, and hospice
- Services Misys Healthcare Systems portfolio of client services includes continuing product education, technical support, implementation services, and professional consulting.
- Misys Tiger for small- to medium-sized practice management
- Misys Vision for management in enterprise settings
- Misys PatientLink for secure physician-to-patient communication via the web.
Misys has also recently merged with former rival Allscripts [1]. ("Medical Records Go Digital," Time Magazine, Mar. 17, 2008[2].)
[edit] External links
[edit] References
- Finextra.com company profile
- Bob's Guide listings for Misys financial products
- Computerwire.com profile
- Hoover's corporate factsheets
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