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Misys Banking Systems appoints Friedman to head Frankfurt office

Frankfurt am Main –Misys Banking Systems announces today (27 March 2006) that C. Frederick Friedman has been appointed as the new managing director of its Treasury and Capital Markets office in Frankfurt.

He joins Misys from GL Trade Frankfurt, where he was the area sales manager for Fermat Risk Management Software, with responsibility for Germany , Austria and Switzerland.
Mr Friedman has more than 20 years sales experience in the financial services industry, having worked at such institutions as Merrill Lynch, SWIFT, Bloomberg and Front Capital Systems.
He brings with him in-depth knowledge of the investment banking industry and has a successful track record in providing solutions to financial institutions in Germany and central Europe.
Mr. Friedman is an American citizen, but speaks fluent German and has lived in the Frankfurt area for more than a decade. “I am delighted to be joining Misys Banking Systems,” says Frederick Friedman. “The product portfolio is going from strength-to-strength in Germany and central Europe, and Misys has a fantastic track record of responding to customer needs with innovative and robust solutions. This is an exciting time to come on board to help guide and shape the growth of the business by continuing to demonstrate our understanding of our clients needs.”
“In Europe , banks are focused on managing balance sheet risk to achieve the best risk reward ratio (RAROC) and structured products seem to be providing one of the best mechanisms to fine tune this risk. Misys is uniquely positioned to help customers handle complex structures by facilitating not just creation of innovative structures but providing the infrastructure to manage the entire trade life cycle and enable cross-asset STP.”
“We are pleased to have appointed someone with such a depth of knowledge and track record of success in both Germany and the rest of central Europe ,” comments Marc Coutelier, Managing Director - Continental Europe, Treasury and Capital Markets at Misys Banking Systems. “Mr. Friedman is committed to helping ensure that we enhance our market leading cross-asset position in the treasury and capital markets arena by having great people and great products which focus 100% on the needs of the customer.”

For further information, please contact:
Suzanne McLaughlin Global Marketing Communications Manager,
Treasury & Capital Markets Misys Banking Systems
+ 44 20 7549 4764 suzanne.mclaughlin@misys.com
Clare Anderson / Dan Davies Financial Dynamics

About Misys Banking Systems
Misys Banking Systems supplies over 1,200 customers in over 120 countries, among them 49 of the world's top 50 banks (Source: The Banker, July 2004), with software and solutions for retail banking, wholesale banking, treasury and capital markets and risk management. It has 2,600 people around the world, over 70% of who are outside of the United Kingdom , and sales, implementation and customer support teams in over 28 countries. Misys Banking Systems is part of Misys plc.
About Misys plc
Misys plc (FTSE: MSY), the global software company, is one of the world’s largest and longest-established providers of industry-specific software. Founded in 1979, Misys serves the international banking and healthcare industries and the UK general insurance industry, combining technological expertise with in-depth understanding of customers’ markets and operational needs. In banking Misys is one of the top four software providers worldwide and the largest outside the US , with over 1,200 customers, including 49 of the world’s top 50 banks. In healthcare Misys is a top five software provider in the US market, serving more than 92,000 physicians in 18,000 practice locations, 1,250 hospitals and 600 home care providers. In UK general insurance Misys is the market leader in software solutions. Through Sesame, a wholly-owned subsidiary, the company is also a leading provider of support services to over 8,000 financial advisers in the UK . Misys employs over 6500 people who serve customers in more than 120 countries. For more information, visit www.misys.com
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