Misys has released Version 5.4 of its treasury and capital markets solution, Misys Summit FT. The new Market Risk Limits Module builds on the service's current coverage of limits.

Banks that allocate credit and market risk limits across multiple trading systems will now be able to use Misys' enterprise-wide monitoring and control platform, Misys Eagleye, with the introduction of an out-of-the-box interface from Summit FT. Banks may also combine Eagleye and Summit Market Risk Limits where market risk limits are allocated by business unit and credit limits are allocated and monitored across the enterprise.

The Summit FT Market Risk Limits module is designed to manage risk limits, enabling real-time monitoring, control and action against limit breaches in a wide selection of Summit applications. It monitors a multitude of numbers, including positions, risk indicators and profit and loss, ensuring that trading activity is scrutinised and controlled as it happens. Limits and breaches are displayed in the blotters of Summit on a real-time basis, along with pop-ups alerting the user to critical issues.

The out-of-the-box Misys Summit FT interface to Misys Eagleye provides banks with multiple capital markets applications with an extensible solution that provides a wider view of activity across all trading platforms. Misys Eagleye provides a control layer above a bank's many systems, monitoring exceptions as well as distributing this information via alerts and dashboards around the bank.

Larry Mitchell, vp of solutions management, treasury & capital markets with Misys, says: "We strongly believe financial institutions need to have complete transparency of their business risks through instant notification of exceptions to business-defined rules, so that appropriate decisions can be made in a timely manner. Through our choice of solutions, our Summit clients have been provided with the capability to proactively monitor within Summit and across other applications. Our core focus at Misys is to deliver integrated solutions to customers for true consolidation of risk management measures."