Treasury Management Internation Logo

Misys signs connectivity agreement with Intex Solutions

Published 

–       Solution partnership with Intex will enable Misys to deliver global structured fixed income data and cashflow analytics to investment management firms using Misys FusionInvest

NEW YORK and LONDON – Misys, the global financial software and services company, announced today that it has signed a solution partnership with Intex Solutions, Inc. (Intex), the leading global provider of structured fixed income data and cash flow models. Through this agreement, its flagship solution for investment firms, Misys FusionInvest, will have the ability to connect with Intex’s asset-backed (ABS), residential mortgage-backed (RMBS), commercial mortgage-backed (CMBS) and collateralised loan obligation (CLO)  cash flow models and data globally with nearly 100 per cent deal coverage in the U.S., Europe, Asia and Australia.

According tothe U.S. Federal Reserve, in March 2013 the outstanding mortgage debt in the U.S. stood at $13.7 trillion, which includes approximately $1.6 trillion in mutual funds, pension funds and insurance companies. Through its solution partnership with Intex, Misys will be able to meet all the demands of investment advisers, insurers, and fixed income portfolio managers across the entire value chain for mutual funds and pension funds.

The solution partnership will enable asset managers to meet investor requirements throughout all stages of the investment process. With access to pre-payment research, cash flow and deal data, asset managers can now rely on Intex and Misys to provide a wide range of market-leading functionality. This includes deal pricing and portfolio management, risk and stress testing, as well as account settlement, all in a single integrated system.

“With the integration of the Intex structured fixed income cashflow engine and deal model libraries into Misys FusionInvest, asset management firms now have the ability to leverage Intex’s well-known and highly-regarded deal models directly in the Misys FusionInvest environment”, states Jim Wilner, Vice President at Intex. “Intex is known for its comprehensive and accurate RMBS, ABS, CMBS and CLO deal models, covering virtually all such deals issued in North America, Europe, Asia, Australia and elsewhere around the globe.  Through the integration of Intex with Misys FusionInvest, asset managers can examine multiple aspects of these securities including future cashflows, valuations and deal performance characteristics when making crucial investment decisions.”

Misys is continuing to expand FusionInvest’s capabilities and asset-class coverage to meet the industry’s growing demands, specifically the requirements of U.S. fixed income asset managers. The solution partnership with Intex follows the recent technology enhancements introduced earlier this year with the launch of Misys FusionInvest v7, Misys’ new best-in-class solution for fixed income portfolio managers. This version benefits from state-of-the-art portfolio management, analytics and derivatives functionalities. These are integrated around a unique front-office risk architecture, leveraging the most performant in-memory database technology. By supporting the multi-curve, OIS/CSA discounting and negative interest rates, the version is fully adapted to the current market conditions and regulatory requirements. Linking to Intex’s ABS and CMBS models further builds upon this momentum and expands the fixed income coverage within Misys FusionInvest.

 

“The majority of fixed income portfolio managers have sizeable ABS and MBS books of business,” comments Sebastien Roussotte, General Manager of the Investment Management Division at Misys. “As a part of our overall product strategy we recognized the value in connecting to these datasets and retrieving static data and cash flows by partnering with an independent, market-leading firm such as Intex. ABS and MBS price, risk or asset value cannot be accurately gauged without having detailed information on a broad range of mortgages. Access to this data is vital for Misys as we provide our clients with competitive intelligence over other firms in the marketplace.”

 

Roussotte continues, “Investors and regulators are now increasingly scrutinizing valuation, operational management, integrated reporting, risk management and assessment. This is creating the need for superior tools and practices to provide better pricing and analytics, more precise and robust market data and multi-asset, single integrated platforms where hedge and other investment books can be managed. All of these drivers are in line with our fixed income strategy and roadmap for the FusionInvest platform.” 

Most recent episodes

Trends in RFPs and RFIs: What Treasurers Want

Eleanor Hill (TMI) invites Dick Oskam and Bert Van Drie (ING) into the TreasuryCast hotseat to find out what trends treasurers want to see emerge from the Request for Proposal (RFP) and Request for Information (RFI)...

33:16

Creating a Connected Financial Office

When data flows are connected, it’s so much easier to make quick and accurate decisions. This is the principle behind the notion of the connected financial office. In this podcast, Gareth Priest (Bottomline Technologies) provides informed advice on how...

18:34

Journeys to Treasury: Managing Changing Perspectives

For this special edition of TreasuryCast, we showcase the results of the Journeys to Treasury 2021-22 report. Here, Jan Dirk van Beusekom (BNP Paribas) and Christian Mnich (SAP) offer Eleanor Hill (TMI) an informed view...

33:03

Cybersecurity for Treasurers

Cybercrime and fraud is on the rise and new attack vectors are emerging with alarming frequency. In this podcast, Nicolas Trimbour (BNP Paribas) and Laurent Sarrat (Sis ID) provide an overview of the latest tools and best practices treasurers should be employing...

37:53

A New Treasury Ecosystem: Open Banking, APIs, and BaaS

For this special edition of TreasuryCast, Eleanor Hill invites Peter Claus-Landi (GE) and Jared Smith (HSBC) to cover how key API-centric developments are changing the treasury landscape. With APIs significantly...

18:02

Using Data as the Corner for Finance Transformation

Many organisations face challenges in managing spend, payments, and cash effectively due to siloed processes and datasets across multiple departments. In this podcast, Ulrika Haug (Coupa) and Kim Estes (The Knot...

29:20

Realising Treasury’s True Value – A Strategy for Change

Join John Meehan (Froneri) to hear how Froneri utilised a year of no acquisitions and no meetings to implement a total transformation project through implementation of a TMS, unlocking the true value of his corporate...

49:14

Lessons from Innospec on Building a Strong Cash Culture

Without ready access to the key metrics of cash forecasting, Andrew Hawes (Innospec) knew the business could do little more than react to events. But without the collaboration of key stakeholders too, he knew that...

35:08

How to Make Your TMS the Ultimate Investment Tool

The right TMS can be a huge asset to treasury. But these one-stop shops often fall short when it comes to short term investment workflows. In this podcast, Ed Lopez, James Griffin (Calastone), Jeannot Jonas (Carrier...

01:24:00