- Company expands cloud strategy for capital markets together with Hewlett Packard Enterprise
London – Misys, the leading financial software company, has launched Misys FusionCapital, its next generation platform for capital markets, in the cloud. Misys have also announced that Hewlett Packard Enterprise (HPE) is the first partner to provide a highly secure, enterprise-grade cloud platform for clients wanting to benefit from this cloud-based solution.
“The combination of HPE’s robust infrastructure, global scale and cloud leadership with our next generation trading platform is a powerful proposition for our capital markets clients,” said Tom Dawkins, Global Head Cloud Enablement, Misys. “We are now able to deliver the FusionCapital platform in a secure, private cloud infrastructure, bringing cloud delivery into the mainstream of our solution offerings. This is the first step in creating a new partner eco-system for highly secure cloud-based offerings.”
“Our HPE Helion cloud infrastructure offers all the benefits of the Public cloud but with greater security, control and compliance. We are delighted to be working with Misys to deliver cloud solutions to its clients, in particular in the capital markets sector, a sector where the increased pressure on costs and need for scalability is driving completely new business models. Together HPE and Misys can deliver innovative new consumption solutions, breaking down the traditional barriers to cloud adoption,” said Jeremy Suddards, Vice President Financial Services Industries, Hewlett Packard Enterprise.
FusionCapital for post-trade processing is the first solution to be delivered, allowing banks to achieve cost-efficiency though a dependable and highly secure cloud environment. Additional solutions will be added in the New Year further strengthening the company’s commitment to its cloud strategy.
Misys FusionCapital, a next generation componentised trading platform, allows banks to reduce their technology cost base dramatically by incrementally transitioning from a complex IT landscape to a more open and agile architecture. With this cloud-based offering, capital markets firms are now able to consolidate cross-asset post-trade processing and regulatory reporting and turn them into managed services.
“FusionCapital can now offer the perfect blend of flexibility, scalability and cross asset oversight to capital markets businesses through its cloud-based post-trade processing solution,” states Samer Ballouk, Global Head of Product Management – Treasury Capital Markets, Misys. “Banks can reduce the time it takes to respond to the evolving market landscape and regulatory requirements through our cloud-enabled solution, enabling them to further improve operational efficiency and reduce costs.”