Misys said its performance as a group during 2004 has been in line with expectations, as it released a trading statement for the year up to 31 May.
Chief executive Kevin Lomax said revenues for the year were expected to be 10% lower than 2003, affected by continued weak market conditions in both the banking and securities division and the financial services division.
But Lomax said Misys' general insurance operations continued to perform well.
The company's general insurance had a record operating profit in the year, said Misys.
It also saw record levels of EDI transactions.
The period also saw the launch of Premium Finance, FSA Regulation and OASys Commercial software models, said the company.
