Misys Launches New Credit Derivatives Module For Summit Platform

Misys Banking Systems has added a credit derivatives (CDS) module to its Summit platform. The company says it was added to address both the current high volumes in the CDS market. "This gives our customers the means to control their

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Misys Banking Systems has added a credit derivatives (CDS) module to its Summit platform.

The company says it was added to address both the current high volumes in the CDS market.

“This gives our customers the means to control their risk exposure fully across asset classes and automatically interact with the likes of DTCC, SwapWire and Markit within a single STP environment, thereby improving operational efficiency,” says Dan Cohen, the product manager for Misys Summit.

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