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Misys outlines post-merger strategy

Misys has revealed its corporate strategy following its recent merger and acquisition.

25 June 2012

Merger and acquisition consultants could still have a role to play in Misys following its purchase by Vista and tie-up with Turaz, as the firm has revealed its strategy and vision for its future.

Addressing more than 500 delegates at its European Consumer Conference in Lisbon, Misys' leadership team detailed how it will protect its customers' investments in its product and confirmed it will remain committed to completing its published product developments.

Furthermore, attendees were shown Misys' Global Risk, which was developed by Turaz and Misys' by combining their existing services.

This should result in a comprehensive number of control solutions and risk management products that should enable clients to attain a more total understanding of liquidity, credit and market hazards.

"By combining Misys with Turaz, the new organisation will stand out from the crowd in terms of both the breadth and completeness of coverage across banking and sell-side and buy-side institutions," newly appointed Misys chief executive officer Bret Bolin said following the combination.

Posted by Ron Maverick

Source: Misys press release, June 21st

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