Banks and hedge funds will be able to access new hosted applications for derivatives processing, treasury operations and loan syndication following the launch today of new “Software as a Service” (SaaS) programme by Misys, a global software and applications company.
Misys’ SaaS programme will see hosted services as a deployment option across its Treasury & Capital Markets application suite, which includes Misys Summit, Opics Plus and Loan IQ.
The news coincides with the start of SIFMA’s annual Technology Management Conference & Exhibition, where SaaS is a central theme.
“Financial institutions want proven deployment records,” says Steve Victore, managing director for the Americas at Misys Treasury & Capital Markets. “Through developing repeatable implementations in Europe, we’ve acquired best practices for rapid deployment of tailored solutions in this area.”