Misys Changes Its ACT, Creates Two New Businesses


LONDON--UK software firm Misys is reorganizing its investment management and securities trading businesses in a bid to better focus on the different sectors and capture more revenue in markets that the company expects to grow.

It has created two new divisions by splitting ACT Financial Systems, the provider of asset management systems that Misys bought in the mid-nineties. The two parts form Misys Asset Management Systems and Misys Securities Trading Systems. The latter also incorporates the

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