Misys Global Risk to Launch New Risk Tool

As part of the Misys Global Risk platform, Misys Risk Insight is both a risk-aggregation tool and a presentation dashboard that gives banks a way to control and manage risk on all levels of the organization.

According to the firm, Risk Insight allows decision makers to bring risk transparency to a new level, follow key risk indicators and set up personal alerts pertinent to their area of business across trading and banking.

"It is vital that financial services organizations have the complete view of all risks across the entire enterprise so they can be controlled and managed as effectively as possible," says Thierry Truche, Head of Product Management at Misys Global Risk. "Misys Risk Insight provides senior management with full and immediate transparency on the risks taken by all business units. Whether you are looking at long-term risks such as ALM or more time-critical risk such as market risks, critical exposures can be more easily identified, followed and addressed using Risk Insight."