The asset manager, based in Casablanca, will use the Sophis Value cross-asset solution across the trading lifecycle, improving compliance, pricing, accounting, order management and NAV calculation.
The firm, a subsidiary of investment bank CFG Group, will also use Sophis Value to achieve local rules compliance when expanding into new markets.
"Misys demonstrated that its software would be able to support our goals now and in the future. Its strength in handling the complete trading life cycle within an integrated platform, combined with the capabilities it has across compliance and regulation, strongly indicated that Misys is the ideal software partner to support our future ambitions," says Younes Benjelloun, CEO at CFG Gestion.
Higher market penetration in North Africa and the Middle East was noted as a high priority for Misys since the merger with buy-side specialist Sophis was announced in November 2010.
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails