Misys upgrades derivatives processing platform

Trade processing systems vendor Misys Banking Systems has launched a new version of its credit derivatives processing platform which it claims is "future-proof".

The upgrade is designed to accommodate the huge changes that have altered the landscape of the credit derivatives industry in the past five years, such as a 27-fold growth in credit default swap volumes and the evolution of more complex instruments.

"We've tracked the development of the credit sector closely from the early days in the mid

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