LGIM will use Misys Sophis VALUE to manage trading and risk

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.