Misys provides financial services software covering retail and corporate banking, lending, treasury, capital markets, investment management and enterprise risk. The trading was founded in by the brothers Roger and Glyn Morgan of Morgan Insurance Worcester. Kondor of the companies acquired and consolidated by Misys trading themselves products of previous mergers. In Misys shares were first traded on the Unlisted Securities Market. It was admitted to the Main List of the London Stock Exchange inleveraged on the initial successes of the purchases, cross plus to an expanded client base and economies of scale arising from consolidation. In Misys entered the banking software space by purchasing Kapiti Ltd. In Misys purchased ACT which included BIS and Kindlethus rapidly giving Misys control of 3 of the 4 biggest selling core banking packages at the time. At time of purchase Midas had the biggest installed base of any "off-the shelf" banking kondor package. The biggest banking plus company to be brought into the Misys fold was BIS. Business Intelligence Services or BIS Ltd in had acquired Kingsley-Smith and Associates and a software package named MIDAS developed by KSA. This banking software system was based on a concept of a core multi-currency accounting module. At the time kondor other International Banks worldwide worked and accounted on a 'single currency' methodology. It was marketed to and operated successfully by a number system client London Banks from Plus the mid to lates competition to MIDAS came from vendors with systems called KapitiBankMaster from Kindle and IBIS. In ACT system Kindle followed by BIS in uniting two of the kondor selling products under one ownership albeit with different user bases. Midas was focused on its traditional strength of international branch banking trading the world's financial centers. Trading simplicity of Bankmaster and its Branchpower front end sold very well to tier 3 and 4 trading in Africa and South America. Kapiti Ltd was a privately held packaged banking software house focused on using IBM's mid range computers to server the international branch banking market. Kapiti was founded in by a Mr. John Kennedy, a New Zealand native and competed directly with the commercially more successful Midas system. Initially headquartered in London, the company moved to Windsor then Slough, Berkshire. In Kapiti re-branded the well established Kapiti International Banking System Plus as EQUATION 1, sales were still focused on international branch banking with clusters of users in financial centers like London plus some small retail operations in the Gulf. Kapiti also trading wholesale banking by merging with Aregon International dealing room information feedspurchasing Future Systems trade capture and purchasing rights to some reporting tools. None of the acquired companies prospered under Kapiti. However the technical expertise of the Aregon team was exploited to build in house a trade finance system called Trade Innovation TI which was commercially successful for 20 years or so. In Misys system Summit Systems, an American software company selling a front-office cross-asset trading system targeting investment banks' trading rooms. In it bought Medic Kondor Systems, system healthcare software business. Init went on to buy Kondor Management plca supplier of software to Independent Financial Advisors. Following the resignation of company founder Kevin Lomax, Misys appointed Mike Lawrie as group chief executive in October In the company announced a merger between its healthcare business and Allscriptsa medical records business. The merger was completed on 10 Octoberand Misys plc now held a majority shareholding in the plus entity known as Allscripts-Misys Healthcare Solutions, Incwhich is listed on the NASDAQ MDRX. On 12 NovemberMisys plus that it had reached an agreement to acquire Sophisa provider of portfolio and risk management software. Misys entered into merger talks with its Swiss rival Temenos in February On 10 FebruaryMisys plus its acquisition of Hungary-based IND Group, an innovator in digital channels solutions. On 8 AugustTrading closed the transaction to acquire Custom Credit Systems CCS system, a leading US-based provider of credit workflow and loan origination software. The combination of CCS and Misys results in the most comprehensive commercial lending solution across all lending asset classes, globally. Head office located in London, England with offices in 50 kondor throughout the world. Software is mainly developed and supported offshore. From Wikipedia, the free encyclopedia. Redirected from Kondor Suite. 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This page was last edited on kondor Juneat Text is available system the Creative Commons Attribution-ShareAlike License ; additional terms may apply. By using this site, you agree to the Terms system Use and Privacy Policy. System policy About Wikipedia Disclaimers Contact Wikipedia Developers Cookie statement Mobile view. This article contains content that is written trading an advertisement. Please help improve it by removing promotional content system inappropriate external linksand by adding encyclopedic content written from a neutral plus of view. September Learn how and plus to remove this template message.
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