News about our business
Banking Systems :: 2005
21/12/2005Misys Banking Systems strengthens presence in Treasury & Capital Markets in China
London/Beijing, 21st December 2006 - Misys Banking Systems (Misys) announces its intention to strengthen its presence in Asia with a specialised team focused on the Asian capital markets arena, based in Beijing. This extension to the Misys Banking Systems offering in the Asia Pacific region will be headed up by Murray Sargant, who will lead a dedicated team of Misys Treasury & Capital Markets specialists.
21/12/2005IDFC develops risk management capability for the future with ALM solution from Misys Banking Systems

London , 21st December 2005- Misys Banking Systems is pleased to announce that IDFC, one of the leading financial institutions in India providing infrastructure financing and advisory services, has selected Misys Asset Liability Management (ALM) solution to support its growing needs of interest and liquidity risk management.

15/12/2005Causeway Capital Management LLC selects Misys Treasury Plus for foreign exchange transaction services
• Misys Treasury Plus significantly cuts time taken to perform confirmation matching
• Causeway Capital Management LLC joins an expanding client base of over 70% of the world’s top 25 investment management firms
London and New York - 15th December 2005 – Causeway Capital Management LLC (Causeway) has chosen Misys Banking Systems (Misys) to increase efficiencies in the confirmation and settlement processes for FX, money market, and other financial instrument transactions.  The market leading integrated treasury portal, Misys Treasury Plus, is also being used by Causeway to streamline operations by eliminating manual processes.
14/12/2005Landesbank Hessen-Thuringen (Helaba) goes live with core banking system, Misys Midas Plus
London, 14th December 2005 – Misys Banking Systems (Misys) announces today that its next generation solution, Misys Midas Plus, is now live in the New York branch of the German bank, Landesbank Hessen-Thuringen (Helaba). 
13/12/2005Misys Banking Systems voted number one, five times in Risk Magazine’s Annual Technology Rankings

London -   13 December 2005, Misys Banking Systems today announced that it had been voted top in five categories in the annual Risk Magazine Technology Rankings. Misys outclassed other firms claiming the coveted prize of top front-to-back system, cross-asset, but also had a good spread of results in 16 categories covering credit derivatives, structured products, market risk, trading analytics and Basel II.

12/12/2005Bank of Overseas Chinese chooses Misys Banking Systems for Basel II compliance
Bank of Overseas Chinese (BOOC), one of the largest banks in Taiwan, has selected Misys Banking Systems to help it fully comply with Basel II regulations. Implementation of the solution, Misys Basel II, starts immediately.
12/12/2005Misys Banking Systems Brings Automation to the Precious Metals Trade Lifecycle
• Misys Banking Systems extends its broad coverage of post-trade automation to Precious Metals
• For the first time, the full lifecycle of multi-instrument transactions can be managed via a secure, reliable, confidential portal
London/New York – 12th December, 2005 – Misys Banking Systems (Misys) today announces that it has added Precious Metals functionality to the suite of transaction services in its integrated treasury portal, Misys Treasury Plus.  For the first time proactive control of the full lifecycle of multi-asset class trade activity, including Precious Metals, is available by logging into a single secure, easy-to-use, resilient system.
09/12/2005Misys Solution Delivers Competitive Edge to Investec Mauritius
9th December 2005 – Investec Bank (Mauritius) Ltd has signed a deal with Misys Banking Systems to use Misys Bankmaster Plus as its core banking system.  The Misys Bankmaster Plus solution will run across all Investec Mauritius lines of business, including private banking, treasury and strategic finance.
06/12/2005CMSS partners with Misys for Operational Risk success
6th December 2005 – Českomoravská stavební spořitelna, a.s. (CMSS), the Prague-based bank, has chosen ORC (Operational Risk Center) from the portfolio of Misys Banking Systems solutions to enable it to control operational risk.  The solution was developed in association with and used by Germany’s leading financial institutions and will be delivered by Misys and its partner Interexa. It will be implemented across the whole bank, replacing its current internal system.
17/11/2005World’s Leading Banking Software Expert Says Chinese Banks Are Moving Towards Global Dominance
HONG KONG, 17th November 2005 – Misys Banking Systems, a division of Misys plc, the global software and solutions company, says the world’s banking landscape is changing and huge new opportunities are already emerging for banks in China.
17/11/2005China Zheshang Bank takes a lead in the Chinese treasury management industry
Hong Kong – 17 November 2005 – China Zheshang Bank (CZ Bank), the Chinese Bank founded in August 2004, has chosen Misys Banking Systems (Misys) to provide its treasury management system, Misys Opics.  The system will offer full multi-asset class coverage for trading, risk and operations.
03/11/2005Misys presented with “technology innovation of the year” award for Misys Summit MUST
London, 3 November - Misys Banking Systems is delighted to announce that it has been presented with an award for technology innovation for Misys Summit MUST from Structures Products Magazine.  Paul Lyon, the editor, announced the results at their annual dinner in London on 2 November.  The editorial panel of Structured Products Magazine researched and selected the winning companies with only one award being applicable to software solutions; the remaining categories focused on rewarding innovation and excellence within the financial participants of the structured products market.
02/11/2005Banque Federale Mutualiste extend Misys partnership to tackle Basel II
London, 2nd November 2005 - Misys Banking Systems is pleased to announce that Banque Federale Mutualiste, the French bank, has selected the Misys Basel II solution.  This is an extension to their existing ALM capabilities solution, the Misys Almonde platform.
20/10/2005CajaSur chooses Misys ALM solution and gears up for Basel II
Spain, 20th October 2005 - Misys Banking Systems is pleased to announce that CajaSur, the Cordoba-based Spanish building society, has selected the Misys ALM and Basel II solutions. CajaSur will replace its current ALM application and implementation starts immediately.
05/10/2005Misys Banking Systems brings treasury management capabilities to corporate treasurers on a pay-as-you-use basis
Berlin, 5th October 2005 - Corporate treasurers will for the first time be able to streamline and automate front, middle and back office treasury management without the costs and complexity of the traditional installed solutions.  Misys Treasury Plus, launched today by Misys Banking Systems (Misys), is on-demand 'Software as a Service' (SaaS), providing a comprehensive suite of integrated tools for managing working capital and liquidity across multiple-banking relationships, accounts and currencies.  Building on Misys Treasury, the market leading post-trade services platform, Misys Treasury Plus integrates both transaction services and application services within a single portal to connect corporate treasurers with multiple banks and other sources for liquidity provision, transaction management, and management information.
03/10/2005Associated Bank selects Misys Trade Innovation to drive re-automation of foreign trade operations
London/New York, 3rd October 2005 - Misys Banking Systems (Misys) is pleased to announce that Associated Bank, the second largest financial institution in Wisconsin, US, has selected Misys Trade Innovation to provide operational and workflow management for its trade finance operations. The solution will help the bank to drive greater efficiency in its international banking activity. 
27/09/2005EBS Building Society tackles Basel II with Misys
Misys Banking Systems today announced that EBS Building Society has selected the Misys Basel II solution, following a competitive tender with all major risk vendors.  The new system will help the building society comply with new regulatory requirements, forming part of a strong capital management framework.
06/09/2005Bank Danamon stays ahead of Indonesian market with go-live on
London, 6 September 2005 - Misys Banking Systems has today announced that Bank Danamon in Indonesia has gone live with Misys Summit FT - the .NET smart client version of Misys Summit, its market leading treasury and capital markets solution. Misys Summit FT handles all the transaction management requirements across Bank Danamon's operations helping the bank to significantly expand its treasury and capital markets operations, particularly in the lucrative structured products market. 
06/09/2005SEPA is an instrument of change
London, 9th September 2005 - An international survey of SWIFT messaging technology users conducted by Misys Banking Systems (Misys), one of the world's leading financial technology providers, has found that more than one in every five European banks is already acting upon the opportunities presented to them by SEPA compliance initiatives.  24% of European respondents agreed that SEPA was a catalyst for transforming internal message processing infrastructures to cope with SWIFTNet services and standards; a position which could afford them real competitive advantage according to Misys.
05/09/2005Misys Banking Systems and Hotspot FXi sign strategic partnership agreement
London/New Jersey, 5th September 2005 - Misys Banking Systems (Misys), today announces that Misys Global Managed Services, its market leading front-to-back treasury services arm, has signed a strategic partnership agreement with Hotspot FXi.
05/09/2005Standard Bank selects Misys Message Manager as its strategic messaging platform

  • Misys Message Manager to centrally manage all of Standard Bank's SWIFT activity and replace legacy systems.
  • Win underlines success of Misys Message Manager - record increase in sales in 2004/2005 - 50% increase on previous year.
  • London/Johannesburg - 5th September 2005 - Misys Banking Systems (Misys) is pleased to announce that Standard Bank has selected Misys Message Manager, its J2EE thin-client messaging platform as its global messaging solution.
    01/09/2005Misys and Scandent announce formation of professional services competency centre
    Bangalore, India, 1st September 2005 - Scandent Solutions (Scandent) and Misys Banking Systems (Misys), one of the world’s leading providers of financial technology solutions, are today pleased to announce the signing of a new strategic partnership agreement.
    23/08/2005Bank of Beijing develop international business capability with trade finance and treasury management solutions from Misys
    London/Beijing, 22nd August 2005 – Misys Banking Systems (Misys) is pleased to announce that Bank of Beijing (BoB), one of Asia  ’s top 200 banks*, has chosen Misys Opics and Misys Trade Innovation to run its trade finance and treasury management services. The combined solution will allow the bank to develop and enhance its existing international and corporate banking capabilities. Implementation is completed in Q3 2005.
    01/08/2005Denmark’s Spar Nord Bank A/S partners with Misys Banking Systems to enhance local bank strategy
    London/Aalborg, 1st August 2005 – Misys Banking Systems (Misys) is pleased to announce that Danish Spar Nord Bank A/S has selected Misys Trade Innovation and Misys eServices Platform Trade Edition (Misys Trade Edition) as a combined trade finance solution to help increase their portfolio of customer services. The selection follows a 14 month review of alternative trade finance solutions to replace their existing system.
    08/07/2005Misys acquires Almonde - Creating a market leader in Basel II, ALM and IAS risk management solution
    Misys plc announces today 8th July 2005, that it has completed its acquisition of the leading regulatory risk management software firm, Almonde, for €15m.  The acquisition will bring together Almonde's market leading asset and liability management (ALM) and regulatory compliance solutions (Basel II, IAS and FTP) with Misys Banking Systems' existing Risk solutions for limits management, market, operational and credit risk, collateral management, securitisation and economic capital as well as its core banking, trading and back-office platforms used by 1400+ clients worldwide.
    30/06/2005Misys announces formation of new Treasury and Capital Markets business
    London, June 30, 2005 — Misys Banking Systems (Misys), one of the world’s leading software providers, is pleased to announce the formation of its new Treasury and Capital Markets business.
    29/06/2005Fortis aims for rapid expansion with Misys as its common global banking platform
    London/Brussels, 29th June 2005 – Misys Banking Systems (Misys) is pleased to announce that Fortis, one of Europe’s top 20 largest financial institutions, has signed a deal to deploy Misys MidasPlus with Global Processing across its worldwide operations. The project will see Misys MidasPlus implemented worldwide across the bank’s commercial and merchant banking operations, and is the largest in the history of the solution.
    14/06/2005Almonde and Deloitte announce their East-European road show about the convergence between Basel II and IAS.

    London June 14, 2005 - Almonde is announcing that it will hold a series of business briefings with its partner Deloitte throughout Eastern Europe about the "Convergence between Basel II and IAS".

    14/06/2005DataSynapse and Summit Systems Partner to Scale Risk Analysis and Highly Complex Financial Models
    NEW YORK – June 14, 2005 – Building on its leadership position in the financial services industry, DataSynapse, Inc., the fastest-growing provider of grid computing software for commercial applications, and capital markets software leader Summit Systems have partnered to scale front-to-back transaction processing support for financial institutions.  Combining the strength of DataSynapse’s infrastructure software, GridServer®, with Summit Systems’ trading, operations and risk management platform, the integrated solution improves application performance, resilience and time to market, driving cost savings and revenue generating opportunities for financial services firms.
    14/06/2005Bank of Cyprus UK Is First To Go Live With New Misys Software
    14th June 2005 - Bank of Cyprus UK this year celebrates 50 years of banking service to the SME sector.  Today it announces that is consolidating its 18 year partnership with Misys Banking systems by becoming the first site worldwide to go live on the latest Equation software (Equation 3.8).
    13/06/2005Finland’s OKO Bank selects Misys Loan IQ for its syndicated lending operation
    London/Helsinki, 13th June 2005 – Misys Banking Systems (Misys) today announces that OKO Bank in Helsinki, the Central Bank for Finland’s OP Bank Group co-operative and one of the country’s largest financial institutions, has chosen Misys Loan IQ to manage the bank’s agent responsibilities for its portfolio of syndicated loans.
    27/05/2005Summit Signs First Commercial Bank in Taiwan
    Summit Systems, Misys Banking Systems’ treasury and capital markets focused business, is pleased to announce its first signed contract for Summit FT in Taiwan with First Commercial Bank (FirstBank). The largest private bank in Taiwan will be implementing Summit FT to handle all trading, risk management and operational needs across asset classes.  A key aim of the project was to choose a single system that would improve STP, streamline operations and improve risk management. 
    25/05/2005Qatar National Bank selects Misys to help grow revenues
    (Dubai 25 May, 2005) – Qatar National Bank (QNB) announced today that it has gone live with MISYS Equation Profitability Analysis, which will enable the bank to improve revenue streams and focus efforts and resources to better serve their best customers.
    23/05/2005Countrywide Capital Markets installs Misys Loan IQ to manage its Commercial Mortgage Loan Business
    London, 23 March 2005 – Countrywide Capital Markets, a division of Countrywide Financial Corporation (NYSE: CFC), the leading player in the US residential mortgage market, has installed Misys Loan IQ to manage its commercial mortgage business.   The solution, implemented earlier this year, offers Countrywide a single software platform to book, maintain and sell loan positions.
    12/05/2005BB&T Selects Summit for Derivatives Trading and Straight-through-Processing
    Summit Systems, Misys Banking Systems’ treasury and capital markets focused business, today announced that BB&T Corporation, the 10th largest financial holding company in the US, has selected Summit to provide an integrated front through back office software solution. BB&T will install the Summit system at its North Carolina headquarters, providing complete front-to-back support for a wide range of derivative instruments including swaps, caps & floors, swaptions, and exchanged traded futures and options.
    04/05/2005British Arab Commercial Bank selects Misys eServices Platform solution
    London, 4th May, 2005 – Misys Banking Systems (Misys) is pleased to announce that British Arab Commercial Bank (BACB), a leading provider of trade & project finance and international payments services for Arab markets, has chosen Misys eServices Platform Corporate and Trade Editions to launch an eBanking service for corporate and institutional clients in the Mediterranean region. The solution will also enhance the service it is able to offer UK-based customers.
    03/05/2005Misys launch new Exposure Aggregation Service for Misys Treasury

    London , 3rd May 2005 – Misys Banking Systems (Misys) today launches its new Misys Treasury Exposure Aggregation Service, a new addition to the Misys Treasury portal.  The service will provide customers with an Order Management Blotter that will display all FX orders entered in the system.  This will allow users in multiple subsidiaries to view their individual exposure positions, whilst central treasury offices will have a complete view of the combined/aggregated position of all users on the system.

    01/05/2005BCEN EUROBANK Selects Misys Risk Management Systems
    LONDON, 01 May 2005 – Misys Risk Management Systems today announced that BCEN EUROBANK has contracted with Misys Risk Management Systems for delivery of the Almonde Basel II™ solution from its strategic partner Almonde, following a competitive tender with all known risk vendors.  The regulatory solution will help the bank to be compliant with the new regulatory framework and improve their internal risk management and financial control processes.
    01/05/2005Commerzbank Expands Partnership with Misys Risk Management Systems
    London, 01 May 2005 - Misys Risk Management Systems today announced that Commerzbank has expanded its investment in Risk Vision, Misys’ advanced solution for Enterprise-Wide Risk Management.  This extension includes an increase of the maximum available number of Concurrent Full Function Users by 200 and the availability of the solution at its majority owned subsidiaries around the Globe.
    25/04/2005JPMorgan Chase extends relationship with Misys to provide support for loan management operations

    London/ New York, 25th April   2005 – Misys Banking Systems (Misys) is pleased to announce today that JPMorgan Chase & Co., one of the world’s largest financial services firms, has selected the Misys Loan IQ solution to process its commercial loan trading and agency servicing businesses. In addition, Misys Loan IQ has been chosen by JPMorgan to become its future commitment recording system.

    21/04/2005Almonde & Misys Risk Management Systems help BCEN EUROBANK to achieve Basel II accreditation and enhance its financial control
    LONDON, 21st April 2005 - Misys Risk Management Systems today announced that BCEN EUROBANK has contracted with Misys Risk Management Systems for delivery of the Almonde Basel II(tm) solution from its strategic partner Almonde, following a competitive tender with all known risk vendors. The regulatory solution will help the bank to be compliant with the new regulatory framework and improve their internal risk management and financial control processes.
    19/04/2005Almonde introduces a practical IAS 39 impairment modelling solution
    London April 19, 2005 – Almonde innovates again with an impairment modelling solution that is fully IAS 39 compliant and can be implemented quickly. The module - developed in conjunction with Deloitte - leverages Almonde's expertise in credit risk (Basel II) and cash flow modelling (ALM) to implement IAS impairment modelling in a practical manner.
    11/04/2005Misys launches new SWIFTSolutions Enablers

    London, 11th April 2005 – Misys Banking Systems (Misys) today announces the launch of a range of new SWIFTSolutions Enablers.  These have been designed as complimentary packages to allow customers to implement and integrate the new range of SWIFTNet products and services into their business in a cost-effective and non-disruptive manner, without the need to replace their existing messaging infrastructure.

    30/03/2005Invest-Bank, Poland, selects Almonde as Basel II, IAS, ALM and FTP platform

    London March 30, 2005 - Almonde, a leader in compliance and risk management solutions, expands its client base in Poland by concluding an agreement with Invest-Bank in partnership with Deloitte.

    21/03/2005Wilmott Subscribers Vote for Summit MUST - The Most Innovative and Exciting Software Release of the Year
    Summit Systems, the treasury and capital markets subsidiary of Misys plc, has today announced that it has won another prestigious award for Summit MUST.  The Wilmott community of quantitative experts has voted for Summit MUST in the category that recognises the most innovative and exciting software release of the year.  2500 votes were cast by subscribers between November 2004 and February 2005, with Summit MUST receiving 33% of the votes in this category.
    28/02/2005Misys and 360T sign strategic partnership agreement
    New York/Frankfurt, 28th February 2005 – Misys Wholesale Banking Systems (Misys) is pleased to announce today that Misys Global Managed Services, the company’s treasury services arm, has signed a strategic partnership agreement with 360T, the leading European cross-product multi-bank portal.
    23/02/2005Summit Launches Real-time Collateral Management at ISDA AGM in Barcelona
    New York, Summit Systems, the treasury and capital markets subsidiary of Misys plc, has announced that it will be launching a real-time collateral management module at the ISDA AGM in Barcelona.  The conference takes place at The Hotel Arts, Barcelona 15-18 March 2005, and Summit is exhibiting its Summit FT solution that includes the new real-time collateral module. It has been designed to fully manage the complete collateral management process in real-time, automating the whole process from counterparty demands, pledges, identification and valuation through to assigning and managing the collateral.  Although collateral handling processes have been present within Summit for several years, it managed the process in batch mode and there was an intention to expand its coverage and offer real-time functionality to fully meet its client’s needs for cross-asset agreements. This module sees the realisation of this plan.
    17/02/2005FHLBank of Pittsburgh Selects Summit For Fixed Income & Derivatives
    New York, Summit Systems has announced that the Federal Home Loan Bank of Pittsburgh has selected its treasury and capital markets solution to provide pre-trade analytics, portfolio analysis, operational processing and accounting for the Bank’s investment portfolio, debt issuance and related derivatives activities.  Summit will replace a number of existing systems and in-house applications and will enable the bank to streamline its operations and move toward straight-through processing throughout the business.
    09/02/2005Nørresundby Bank implements full front-to-back trade services solution from Misys
    London / Nørresundby, 7th February 2005 – Misys Wholesale Banking Systems (Misys) is pleased to announce that Nørresundby Bank, the Danish bank, has chosen Misys eServices Platform Trade Edition and Misys Trade Innovation as a packaged front-to-back trade services solution.  It has selected the Misys solution to help reduce operational risk, automate processes between the back office and front office and improve straight-through processing (STP) rates.
    04/02/2005Stanbic Africa selects Misys Risk Management Systems as New Risk Solution Partner
    London, 4 February 2005 - Misys Risk Management Systems announced today that Stanbic Africa, a division of The Standard Bank of South Africa Limited, has selected Risk Vision, the advanced solution for enterprise wide risk management to provide a continent-wide platform to monitor their market and credit risk in their African operations outside of South Africa.
    04/02/2005Misys Risk Management Systems Wins Major New Business Deals
    London, 04 February 2005 – Misys Risk Management Systems today announced the major long-term deals resulting from client signings in the first half of the Misys financial year.  The clients, Bayerische Landesbank (BayernLB) and Standard Bank South Africa (Stanbic) have both recently signed contracts for the Misys Risk Vision product suite.  Risk Vision, was chosen by both banks following competitive tenders with all known risk vendors.
    02/02/2005Bayerische Landesbank Selects Misys Risk Management Systems as Risk Solutions Partner
    London, 02 February 2005 - Misys Risk Management Systems today announced that Bayerische Landesbank (BayernLB), one of the biggest Landesbanks in Germany, has selected Risk Vision, Misys’ advanced solution for Enterprise-Wide Risk Management, for its bank-wide consolidation of limit and exposure data management.  The solution will allow BayernLB and its stakeholders to benefit from sophisticated risk evaluation tools and techniques, using Misys’ Risk Vision Data, a comprehensive risk data warehouse, and Risk Vision Exposure, its leading exposure and limit management engine.
    01/02/2005Management Changes at Summit
    Misys Banking, the global banking software products and solutions business, today (21 January 2005) announced changes in the senior management of its treasury and capital markets operation Summit Systems.
    11/01/2005Malcolm Porter joins Misys Wholesale Banking Systems
    Misys Wholesale Banking Systems (Misys) has appointed Malcolm Porter to lead Strategic Alliances at Misys Wholesale Banking Systems.  Malcolm comes to Misys with a vast range of experience in managing strategic alliance relationships, for both software and IT consulting companies, with partners such as IBM, HP and Accenture.  Reporting to Jerry Luckett, Director of Product & Strategy at Misys, Malcolm will take responsibility for driving overall business direction and managing the day-to-day relationships with the company’s key strategic alliance partners.