Broker schemes on the rise
Software house Misys has seen a 20% increase in the number of individual broking schemes being devel...
Software house Misys has seen a 20% increase in the number of individual broking schemes being developed over the last six months.
Misys reports there are now 160 broker schemes, in addition to 550 'open market' schemes, on the Misys quotation engines, including MCE, which has developed a range of electronic data interchange bike schemes, to be underwritten by Axa, NIG and Norwich Union.
A Misys spokesperson said brokers were more likely to trade individual schemes on an EDI basis partly because
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