Products

Summit  >>>>>>>>

Product Introduction

Summit is based on a single and totally integrated software product covering Front-Office, Back-Office, Middle-Office and Risk-Management for all Treasury and Capital Markets instrument types.

Summit FT is the solution of choice for firms that require the latest thin client technology combined with the stability of a product that is renowned by world-class financial institutions for its robustness and high performance.

Unlike most of its competitors, SUMMIT provides a single database and a single software, thus providing a real STP environment.

The system will handle positions for keeping and exposure of trades including FX, money markets, fixed income, FX options, interest rate derivatives, bond options and listed derivatives. Summit is providing some customisation for processing local bonds with Ares assisting with expertise to tailor the solution to meet the needs of local accounting and central bank reporting.

About Summit

Summit Systems provides a proven, technologically advanced, multi-asset class solution for treasury and capital market participants. With headquarters in New York and operations in Paris, London, Frankfurt, Seoul, Singapore and Tokyo, Summit is a world-leader in banking software solutions. Summit is a scalable, open and extendible solution covering fixed income, treasury, derivatives and commercial lending. It provides sophisticated trader tools and risk management combined with rules-based workflow and real-time trade processing - helping financial institutions increase STP and reduce costs.

Founded in 1990, Summit is a wholly-owned subsidiary of Misys plc.

www.summithq.com

About Misys Banking Systems

Misys Banking Systems supplies over 1,200 customers in over 120 countries, among them 90% of the world's top 50 banks (Source: The Banker, July 2004), with software and solutions for retail banking, wholesale banking, treasury and capital markets and risk management. It has 2,600 people around the world, over 70% of whom are outside of the United Kingdom, and sales, implementation and customer support teams in over 28 countries.

Misys plc, the global software products and solutions company, serves customers in the international banking and securities, international healthcare, and UK general insurance industries. Through a wholly owned subsidiary, Sesame, it also provides business process outsourcing services to independent financial advisors (IFAs) in the UK. Misys partners with its customers to deliver outstanding IT solutions to essential industries, and employs more than 6,100 people internationally. For more information, visit www.misys.com.

Customers
  • Far Eastern International Bank (FEIB)
  • First Commercial Bank (FCB)
  • Yuanta Commercial Bank

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