Misys signs up Asian bank for STP

Hong Kong-listed Bank of Communications has hired software services company Misys to create full straight-through processing for the bank in front, middle and back offices handling credit derivatives, fixed income and structured products. The bank will increase its use of Misys Summit, a treasury and capital markets software platform, by introducing new modules in FX and money markets for front-office operations, and additional modules for derivatives, fixed income and all structured product