New Misys Tool Aggregates Risk

Global Risk revolves around an interactive dashboard that visualizes disparate sources of risk management data, linking firms' front, middle, and back offices to create an aggregated view for traders as well as financing and corporate personnel.

Misys says a variety of risk measures can be accounted for using the new offering, including credit, counterparty, and market risk; liquidity and limits management; and dynamic asset and liabilities management (ALM). It will also be able to provide reporting for Basel III compliance on demand.

“Creating a consistent and timely view of global exposure for the different aspects of risk across the business can be a challenge, and this is particularly true where financial institutions operate across multiple trading systems. Management teams are feeling increased pressure to show more return on investment on their risk systems, improve transparency and produce reports on an intra-day, or real-time, basis," says Thierry Truche, head of product management for Misys Global Risk.