– LGIM will use Misys Sophis VALUE to manage trading and risk activities across its fixed income and liability-driven investment business
Misys, a leading provider of software solutions to financial services institutions, has entered into a major project with Legal & General Investment Management (LGIM), one of the world’s largest investment managers. LGIM is a major investor in global fixed income markets and a leading provider of index tracking strategies and customised liability-driven investment (LDI) solutions. It also provides multi-asset portfolios and bespoke solutions for Defined Benefit and Defined Contribution plans. LGIM has selected Misys Sophis VALUE to address its enterprise portfolio and risk management requirements.
Simon Thompson, chief operating officer at LGIM, commented, “We chose Misys because it is able to provide a solution that matched the unique needs of a global fixed income manager, including capabilities to support our LDI strategies. The functionality in Misys Sophis VALUE and the team’s understanding of our requirements gave us the confidence to select them as our long-term partner.”
Tim Green, General Manager, Buy Side, at Misys, added, “The agreement with a financial powerhouse such as LGIM reinforces the market-leading capabilities of our fixed income portfolio and risk management platform. Our vision and strategy for global asset managers is to continue to deliver additional value to the front office by integrating risk analytics and pre-trade compliance into the investment management process to provide significant competitive advantages to our customers.”
Complementing its leadership position in the derivatives space, the latest version of Misys Sophis VALUE addresses the needs of global fixed income and LDI managers and will help LGIM to achieve greater efficiency and growth through the use of the platform. For further insight, register your interest for the upcoming Fixed Income and LDI white paper from Misys.
