Misys, the global application software and services company, has been awarded “Best buy-side pricing and market display” for its FusionInvest solution at the Systems in the City Awards. Misys FusionInvest was recognised for its ability to enable investment firms to price a wide range of asset classes accurately across listed, OTC derivatives and structured products.

Misys FusionInvest is a multi-function solution that covers portfolio and risk management, analytics, order raising and pre-trade compliance for investment managers. It enables buy-side firms to price a wide range of asset classes accurately, including rates, equities, credit, fixed income, commodities, structured and hybrid products up to funds and selected alternative investments. All financial products can be booked, priced and processed along FusionInvest’s straight-through-processing (STP) chain without requiring any specific customisation.

The Systems in the City Awards recognise the top providers in the Financial Services sector and are hosted annually by Goodacre UK, a leading specialist business and technology consultancy. To be considered for an award, candidates must first qualify for the GoodAccredidation Standard 2014, before an independent panel of judges determines the winners.

“We are extremely pleased to have won this award, as it highlights the strength of  FusionInvest and its pricing capabilities,” said Sebastien Roussotte, General Manager, Investment Management Division, Misys. “Pricing is becoming an increasingly important component of front-office investment decisions for the buy-side. Misys FusionInvest delivers comprehensive and customised pricing and risk models that meet the needs of our customers.”

Stephen Pinner, Goodacre UK’s MD commented, “IT is now a vital component to the regulated financial industry. The companies and individuals responsible for the provision of these services rarely get the credit they deserve for supporting one of the most important sectors of the economy.

“These suppliers work incredibly hard to maintain the quality of their services and are very much the unsung heroes of the investment business. These Awards recognise their efforts, ingenuity and innovation.”