Misys and L&G in software agreement 29 January 2014London Reporter: Daniel Jackson
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Misys has entered into a software project with Legal & General Investment Management (LGIM), one of the world’s largest investment managers.
LGIM has selected Misys Sophis VALUE to address its enterprise portfolio and risk management requirements.
Simon Thompson, COO at LGIM, said: “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 (liability driven investment) 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 for the buy side at Misys, said: “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 pre-trade compliance into the investment management process to provide significant competitive advantages to our customers.”
Complementing its 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.
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