Misys has launched a solution to address central clearing requirements. The enhancements made to Misys Summit FT enable financial institutions to comply with new regulations.
In response to market demands, the solution from Misys provides financial institutions with advanced straight-through processing (STP), a comprehensive trade repository and cross-asset collateral and margin management for both over-the-counter (OTC) and exchange traded derivatives.
These enhancements ensure that customers can manage the complexity associated with multi-participant workflow effectively, and meet requirements for margin and collateral management in a single, comprehensive system. By offering these enhancements as extensions of the existing Summit FT solution, customers can meet current and future requirements for increased transparency and improved risk management quickly and easily.
The enhancements were developed in partnership with Misys’ customers and havealready been deployed at a number of customer sites. Connectivity to multiple CCPs and other derivative trade management tools are provided in partnership with MarkitSERV.
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