Misys agrees major software project with Legal & General Investment Management LGIM will use Misys Sophis VALUE to manage trading and risk activities across its fixed income and liability-driven investment business LONDON and CHICAGO – 29 January 2014 – Misys, a leading provider of software solutions to financial services institutions, has entered into a major project with Legal & General Investment Management (LGIM), one of the world’s largest investment managers. LGIM is a major investor in global fixed income markets and a leading provider of index tracking strategies and customised liability-driven investment (LDI) solutions. It also provides multi-asset portfolios and bespoke solutions for Defined Benefit and Defined Contribution plans. LGIM has selected Misys Sophis VALUE to address its enterprise portfolio and risk management requirements. Simon Thompson, chief operating officer at LGIM, commented: “We chose Misys because it is able to provide a solution that matched the unique needs of a global fixed income manager, including capabilities to support our LDI strategies. The functionality in Misys Sophis VALUE and the team’s understanding of our requirements, gave us the confidence to select them as our long-term partner.” Tim Green, General Manager, Buy Side, at Misys, added: “The agreement with a financial powerhouse such as LGIM reinforces the market-leading capabilities of our fixed income portfolio and risk management platform. Our vision and strategy for global asset managers is to continue to deliver additional value to the front office by integrating risk analytics and pretrade compliance into the investment management process to provide significant competitive advantages to our customers.” Complementing its leadership position in the derivatives space, the latest version of Misys Sophis VALUE addresses the needs of global fixed income and LDI managers and will help LGIM to achieve greater efficiency and growth through the use of the platform. For further insight register your interest for the upcoming Fixed Income and LDI white paper from Misys. - Ends - For further information please contact Edward Taylor Global Head of Public Relations Tel: +44 (0)20 3320 5530 Email: [email protected] About Legal & General Investment Management Legal & General Investment Management (LGIM) is one of Europe’s largest institutional asset managers and a major global investor. LGIM manages US$717 billion in assets for over 3,150 clients.* It provides products and solutions spanning asset classes, with expertise ranging from index-tracking and active strategies to liability-based risk management solutions. LGIM is the investment management arm of Legal & General Group. *As at 30 September 2013 Find out more at www.lgim.com About Misys Sophis VALUE Misys Sophis VALUE is an integrated cross-asset solution for investment management that leverages STP to handle the complete trading lifecycle from portfolio management to middleand 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. Misys Sophis VALUE has been adopted by 90 institutions worldwide, from start-up hedge funds to the world’s largest asset management companies. About Misys Misys provides the broadest portfolio of banking, treasury, trading and risk management solutions available on the market. More than 1,900 banks and financial institutions use Misys software to run their businesses, all benefitting from the continual investment in innovation and product quality. Misys solutions create value across banking and trading book operations, underpinned by the deep domain expertise and experience of Misys employees and partners who help ensure customers get maximum benefit from the solutions and operate more effectively. With high quality products and support Misys customers are able to grow and protect their long-term technology investments. Misys has the broadest range of solutions available to meet the most complex requirements. Visit www.misys.com to see how Misys and its extensive network of partners can add value to the financial services industry.
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