View more on these topics

Misys revenue jumps £130m

Misys today announced their full year financial results showing that revenue grew to £447m from £314m last year.

The recent acquisition of DBS added £152m in revenue, boosting overall profits in the group&#39s financial services division to £30m, up from £23m last year.

Misys chairman Kevin Lomax says: “The strength and diversity of the group&#39s three main businesses mitigated, to a large extent, the adverse effects over the last financial year. This year the group should make good progress towards achieving its continuing objective of sustainable mid-teens growth.”

Recommended

&#3915% of trusts set to pay out nothing&#39

One-third of split-cap investment trusts stand to lose everything or offer only minimal returns, AITC director general Daniel Godfrey told the Treasury select committee last week.Testifying before the committee on the same day as Aberdeen chief executive Martin Gilbert and FSA managing director John Tiner, Godfrey estimated that as many as 20 out of 136 […]

Call for less red tape and cheaper pensions

Removing layers of red tape, rationalising the number of products on the market and making pensions cheaper for employers are at the centre of Alan Pickering&#39s regulatory overhaul.Pickering hopes his plans to remove the obligation for employers to offer spouse benefits and to link benefits to inflation will cut the cost of offering final-salary schemes.His […]

A Far-sighted view

Following the publication of the 2001 FSA returns, we can now take the most up-to-date look possible at the published financial strength of the major UK with-profits companies. The recent turmoil in worldwide equity markets has given rise to much media comment on the solvency and financial strength of these companies. It is important to […]

Sandler and Brown not living in the real world

Once again, our industry has been afflicted with a well-meaning report from an intellectual who does not appear to understand the complexity of human nature.We are now told that what the industry needs is a new batch of low-cost products capped at 1 per cent which the consumer can understand and a miracle will occur.The […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com