Misys launches new loan management reporting module in partnership with Cognos
DataNet provides simple, clear reports automatically
Atlanta, Georgia and London, 13th October 2004 – Misys Wholesale Banking Systems (Misys) is launching a new reporting module for its loan management product, Loan IQ, today. The new module, called DataNet, will be demonstrated throughout Sibos on the Misys stand.
Prior to the launch of DataNet, users of Loan IQ would have to produce reports manually, by pulling data from the Loan IQ database into an access database. Technical staff would then draft reports as requested by business users, which was not only time consuming but also inefficient. Now, through a partnership with Cognos – the world leader in business intelligence and enterprise planning software - users will have access to the Cognos business intelligence tool, which will automatically pull real-time, analytic and business reports from the Misys Loan IQ database. Reports can be set up to run automatically on a regular basis, saving Misys’ customers time and money as well as helping them provide better customer service.
The solution provides customers with a pre-packaged suite of reports and queries, so that it is easy for customers to use, although it can be customised as required. Reports can be as simple or as complex as the organisation needs and can include analytical tools such as charts and graphs to increase the functionality.
“Loan IQ provides a comprehensive tool to manage the entire lifecycle of a loan from origination and deal tracking to administration and record maintenance,” comments Ed Ho, CEO Misys IQ & Opics. “By adding a reporting module to the solution we can now offer one of the most efficient and effective solutions available today.”
For further information, please contact:
Edward Taylor / Jo Brice
Financial Dynamics
+44 (0) 7775 566561
edward.taylor@fd.com or jo.brice@fd.com
Financial Dynamics
+44 (0) 7775 566561
edward.taylor@fd.com or jo.brice@fd.com
Andy Coulter
Head of Marketing & Business Planning
Misys Wholesale Banking Systems
+44 208 897 1188
andy.coulter@misys.com
About Misys Wholesale Banking SystemsMisys Wholesale Banking Systems is a trusted provider of innovative technology solutions: over 1,000 employees in 30 offices around the world have built up the domain expertise to deliver world-class solutions with an understanding of local requirements. Misys Wholesale Banking Systems' staff are committed to developing and supporting a product family that embraces trade services, international & regional banking, managed treasury services, capital markets, confirmation matching, continuous linked settlement (CLS), multi-channel banking, commercial lending, FX trading, cash management and financial messaging.
Misys Wholesale Banking Systems is part of Misys plc’s Banking & Securities Division, which serves over 1,200 customers across more than 120 countries worldwide, including 90% of the world's top 50 banks (Source: The Banker, July 2004).
Misys plc, the global software products and solutions company, serves customers in the international banking and securities, international healthcare, and UK general insurance industries. Through a wholly owned subsidiary, Sesame, it also provides business process outsourcing services to independent financial advisors (IFAs) in the UK. Misys partners with its customers to deliver outstanding IT solutions to essential industries, and employs more than 6,100 people internationally
