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Misys (MSY)

Sector:

Software & Computer Services

Index:

FTSE 250

Market Cap

£474.42m

Change Today

Price Down-6.75p ()

Share Price

86.75p

Misys wins US contract

Date: Wednesday 20 Aug 2008

LONDON (ShareCast) - Financial software group Misys has been chosen as a strategic partner by Farm Credit Bank of Texas, to provide a software platform for the bank’s back and middle office operations.

The bank has made a “significant investment” in Misys software to help it record and process increasingly complex capital market transactions.

Farm Credit Bank’s capital markets group, which provides capital and liquidity for food and agribusiness, has seen its loan volumes grow by 156% over the last three years, prompting the management to opt for a new, more scaleable, system.

“We all know about the current squeeze in US credit markets, but this deal shows how banks can use technology to innovate and offer new services to their customers in sectors that are still growing,” claimed Ken Katz, Global Solutions Manager for the Loan IQ product in Misys’s Solutions for Treasury & Capital Markets business.

“Throughout the commercial lending world, the trend is still towards multiple lenders, multi-tiered deals and frequently changing market drivers, so it is increasingly important for financial institutions to leverage front-to-back platforms when managing their portfolios," Katz added.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Misys Market Data

Currency UK Pounds
Share Price 86.75p Price Down
Change Today -6.75p
52 Week High 203.75
52 Week Low 85.50
Volume 2,191,224
Shares Issued 546.88m
Market Cap £474.42m
Beta 0.92
RiskGrade 352

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
78.36% below the market average78.36% below the market average78.36% below the market average78.36% below the market average78.36% below the market average
56.83% below the sector average56.83% below the sector average56.83% below the sector average56.83% below the sector average56.83% below the sector average
Price Trend
19.03% below the market average19.03% below the market average19.03% below the market average19.03% below the market average19.03% below the market average
28.38% below the sector average28.38% below the sector average28.38% below the sector average28.38% below the sector average28.38% below the sector average
Income
89.76% below the market average89.76% below the market average89.76% below the market average89.76% below the market average89.76% below the market average
96.72% below the sector average96.72% below the sector average96.72% below the sector average96.72% below the sector average96.72% below the sector average
Growth
39.93% above the market average39.93% above the market average39.93% above the market average39.93% above the market average39.93% above the market average
36.62% above the sector average36.62% above the sector average36.62% above the sector average36.62% above the sector average36.62% above the sector average
Price Chg 6m
7.2% below the market average7.2% below the market average7.2% below the market average7.2% below the market average7.2% below the market average
16.22% below the sector average16.22% below the sector average16.22% below the sector average16.22% below the sector average16.22% below the sector average
P/E
7.98% above the market average7.98% above the market average7.98% above the market average7.98% above the market average7.98% above the market average
15.56% above the sector average15.56% above the sector average15.56% above the sector average15.56% above the sector average15.56% above the sector average
PEG
45.63% above the market average45.63% above the market average45.63% above the market average45.63% above the market average45.63% above the market average
63.93% above the sector average63.93% above the sector average63.93% above the sector average63.93% above the sector average63.93% above the sector average
Dividend Yield
44.56% above the market average44.56% above the market average44.56% above the market average44.56% above the market average44.56% above the market average
67.27% above the sector average67.27% above the sector average67.27% above the sector average67.27% above the sector average67.27% above the sector average
EPS Growth
67.30% above the market average67.30% above the market average67.30% above the market average67.30% above the market average67.30% above the market average
61.04% above the sector average61.04% above the sector average61.04% above the sector average61.04% above the sector average61.04% above the sector average
Operating Margin
15.74% above the market average15.74% above the market average15.74% above the market average15.74% above the market average15.74% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 11
Sell 0
Strong Sell 4
Total 19
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Misys Dividends

  Latest Previous
  Final Interim
Ex-Div 30-Jul-08 30-Jan-08
Paid 06-Oct-08 07-Apr-08
Amount 4.95p 2.96p

Trades for 02-Dec-2008

Time Volume / Share Price
16:45 35,464 @ 86.75p
16:43 319 @ 90.00p
16:35 222,947 @ 86.75p
16:26 3,966 @ 86.25p
16:22 6,588 @ 86.75p

Misys Key Personnel

CEO Mike Lawrie
Chair Dominic Cadbury
CFO Jim Malone

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