Profits are up but revenue is down at Misys Life & Pensions

Professional Adviser
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Misys Life and Pensions lost around 13% of its Registered Individuals and saw a fall in revenue for ...

Misys Life and Pensions lost around 13% of its Registered Individuals and saw a fall in revenue for the year ending May 31st because of "adverse market conditions", says the latest trading statement from the financial services and healthcare technology firm. Although full results of the company's trading position for 2002/203 are not due until 17th July, Misys did at least reveal this afternoon that its Sesame UK financial services division, much like the rest of the group, has lost revenue compared with last year. There is not indication at this stage when network members might h...

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