Shares in Misys fell more than 8% this morning after the software group warned that profits from its financial services division would fall this year.
Misys said it expected income from IFAs to decline in the current year. The announcement prompted a fall in shares by 25 pence to 265.5 pence in early trading.
Executive chairman Kevin Lomax said: "We may not see much increase at all in revenues on a group level this year."
However he said he expected trading would improve in the second half to May.
Cost cutting efforts helped operating profits rise by more than 34% in the year to May, he said.
Its shares stood at 260.25 pence at 5pm, down by 10.4% on Wednesday's trading.
