Risk 25 firms of the future: Misys
When US private equity firm Vista Equity Partners finally won its battle to take over Misys on June 1 – merging it with Turaz, the technology business it bought from Thomson Reuters in February – it created a new giant in trading, risk management and core banking systems. Vista had fended off Misys when bidding for Turaz, then turned its guns on Misys itself, retaining the name for its merged business.
The new Misys portfolio includes the Summit FT derivatives trading and risk system, the Kondor
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