Misys extends reach in Italy with Trade Services partnership with ICBPI Group

19 June 2008 – Misys plc (FTSE: MSY.L), the global application software and services company, today announces an agreement with ICBPI Group, one of the largest domestic invoicing and payment processors in Italy to host an international trade finance solution for banks in the country.

Misys Trade Portal, the award-winning international trade finance solution, will be hosted by ICBPI Group, enhancing its collaborative business platform, i-CBP for its customers in Italy. Banks access ICBPI’s platform via a “Software as a Service” model, through which they can provide corporate clients with commercial and financial information exchange services. 

The solution from Misys brings advanced trade finance and financial supply chain management functionality to ICBPI’s platform for the Italian market, enabling importers and exporters to connect seamlessly to their bank. Misys Trade Portal makes it easier for them to complete their international trade transactions while accessing a wide range of additional trade services through the portal.

“The partnership with ICBPI validates our position as the leading trade finance solution vendor,” states Guy Warren, EVP and General Manager, Misys Banking. “We are delighted to be able to add value to such an important player in Italy, enriching the services it provides to its customers with additional international trade finance capabilities, powered by Misys Trade Portal. This winning partnership enables ICBPI to provide further benefits to its existing customers as well as gain new customers, at the same time as extending Misys’ reach in one of the largest trade countries in Europe.

"As a market leader in payments and electronic invoicing in Italy, we are focused on providing the best services in every business area in which we are involved," says Giuseppe Capponcelli, Managing Director ICBPI Group. “The collaboration with Misys will enrich our services in the corporate banking area, enabling our bank customers to offer advanced trade solutions to their corporate customers. This win-win partnership allows Misys to extend its reach to an important trade market and helps ICBPI to gain market share, giving competitive advantages to banks and more benefits to their corporate customers."

The hosted i-CBP solution enables banks in Italy to support the business processes of their clients without costly integration projects between the bank’s corporate banking service and other third party products and services, such as electronic invoicing, treasury instruments or ERP applications.   It allows banks to customise their electronic invoicing to be compatible with their own models offered to corporate clients and adds STP document management services, integrated with single- and multi-bank incoming and outgoing payment systems.

Rosa Boccanera
Head of Public Relations and Communication  ICBPI Group
+39 02 7705 442  
rboccanera@icbpi.it

About Misys plc
Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to organisations in the financial services and healthcare industries. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success. 

In banking and treasury & capital markets, Misys is a market leader, with over 1,200 customers, including all of the world’s top 50 banks. In healthcare, Misys is a market leader, serving more than 110,000 physicians in 18,000 practice locations and 600 home care providers. Misys employs around 4,500 people who serve customers in more than 120 countries. 

We aspire to be the world’s best application software and services company, delivering results for the most important industries in the world.

The ICBPI Group is made up of highly specialized companies focusing in the ideation, planning and management of services for Banks, financial institutions and insurance companies. Each company of the Group supports its Clients’ growth and competitive approach. In particular, ICBPI S.p.A. specializes in traditional and innovative payment services and financial and administrative services offered according to a business process outsourcing model. ICBPI S.p.A. offers also innovative and efficient solutions for the outsourced management of domestic and international payment systems (SEPA compliant) of banks of every dimension, Public Administration and companies. Key Client Cards and Solutions is focused in electronic payment system (Cards, POS and ATM) and customer care services through a contact center. Oasi is a market leader in outsourcing services for the following areas: managed systems, financial transaction tracking and signalling, anti-money laundering services and regulation compliance, retirement insurance fund management and data security.

For further information please visit www.icbpi.it