London - Summit Systems, a subsidiary of Misys plc, announced today that it had been voted the leading system in the Risk Magazine Technology Rankings survey. In addition to topping the poll in 5 categories, the capital markets software vendor achieved a second place in four additional categories and was the number one ranked vendor overall. Risk Magazine, a publication of Incisive Media plc, will publish the full results in its December edition and this will be followed by a formal ceremony in February 05. The survey’s aim was to rank technology vendors in the risk management and derivatives market. Risk subscribers plus customers of the software vendors made up the 370 voters who were free to recommend any software firm in 30 categories.

London & Singapore, 30th November 2004 – Misys Wholesale Banking Systems (Misys) are pleased to announce that Bank of India (BOI), the first of 17 new Misys MidasPlus customers, has gone live and on schedule. Centering its operations in Singapore, BOI will roll out Misys MidasPlus with Global Processing across 19 branches and seven time zones. The bank’s implementation is a large and advanced deployment of the Misys MidasPlus with Global Processing solution.

London/Brussels, 16th November 2004 –Misys Wholesale Banking Systems (Misys) is pleased to announce today that Misys and FRS, a global leader in regulatory reporting and financial analytics solutions and a business unit of S1 Corporation (NASDAQ: SONE), have signed a strategic agreement which provides Misys with the rights to sell and distribute FRS regulatory reporting products on a worldwide basis. This follows the announcement earlier this year of the agreement between Misys and S1 Corporation (S1) for Misys to distribute and implement S1’s Enterprise retail, cash management and trade finance solutions throughout Europe, Africa, Middle East and Asia.

Paris – Summit Systems today announced that Centrobanca, the investment bank of Banche Popolari Unite (BPU Banca Group), has licensed Summit’s MUST tool for structuring, pricing and processing exotics and structured products. At the same time the Bank has acquired additionalmodules to support further instrument types including equity options, FX swaps and embedded FX spots.

Summit Systems, providers of the leading treasury and capital markets solution, has grown its front office and financial engineering team with several new appointments. They include James Baker who moves from Paris to Summit’s London operation to become Director of Front Office Support, and Alexis Viry who has joined from BNP Paribas and will assume the position of Head of Front Office for the Interest Rate Derivatives and Credit Group. It is anticipated that these roles will further advance Summit’s product strategy in the areas of credit derivatives and structured products.

On 11 October 2004, Summit Systems announced that it had been selected by BayernLB to provide a global system that will handle all instruments from trade entry through to settlement. The depth and breadth of Summit would allow BayernLB to replace over 16 existing systems used in various areas and locations of the Bank.

London and Atlanta, October 13th 2004 – Misys Wholesale Banking Systems will be launching an upgraded version of Misys Treasury at Sibos this week. Misys Treasury, a new ASP service that provides browser-based treasury management services, will now include cash balance and statement aggregation.

London and Atlanta, October 13th 2004 – Misys Treasury’s Interbank Matching module, launched in June 2004, now allows banks to manage their Interbank trades for foreign exchange, options and money markets without involvement from its counterparties.

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.

London, 12th October 2004 – The new generation compliance solution, Misys Eagleye, has been bought by IKANO Fund Management to help the fund management company address the application of the UCITS European Directive for its clients as well as other regulations in force now, in addition to those on the horizon.

London and Atlanta, October 11th 2004 – Following the successful launch of its global processing solution, MidasPlus, Misys Wholesale Banking Systems has reached agreements with six major banks to implement the solution. These include:
HBOS
OCBC
Industrial and Commercial Bank of China (ICBC)
Bank of India

11th October - Misys Retail Banking today announced its forward strategy which includes a series of new product developments, partnerships and acquisitions. At the heart of the Misys strategy is the creation of a new banking software architecture – Equation Plus - that has been designed to help banks respond to the shifting boundaries between retailing and banking. Misys is also extending its ability to meet the needs of smaller ambitious banks and off-shore institutions with the acquisition of IDOM UK to create Bankmaster Plus, the only banking technology designed specifically for this sector.

London, 11th October 2004 – Misys Wholesale Banking Systems is pleased to announce that Vneshtorgbank (VTB), Bank for Foreign Trade, one of the three largest universal banks in Russia, has chosen Misys Trade Innovation for its trade finance operations.

Summit Systems today announced that it has been selected by BayernLB to provide a global system that will handle all instruments from trade entry through to settlement. The depth and breadth of Summit will allow BayernLB to replace over 16 existing systems used in various areas and locations of the Bank. Summit will enable BayernLB to centralise its operation in one global hub in Munich, with several hundred users accessing both directly and through Citrix from London, Hong Kong, Luxembourg, New York and Paris.

London and Atlanta, October 11th 2004 – Misys Wholesale Banking Systems (Misys) has redeveloped its successful Message Manager product and is showing a prototype of the new product on its stand at Sibos. Misys Message Manager is an integral part of trading for many banks, since it allows them to handle the different messaging standards that are now used in global banking. The new version, available from Q2 2005, has been developed in partnership with SWIFT and Sun to ensure that it benefits from the latest technology and offers customers better functionality.

London, 8th October 2004 – Misys Wholesale Banking Systems (Misys) has developed a new application, Opics Compliance, which automates and centralises monitoring of the many limits and rules laid down by the regulators. It enables financial institutions to remove the need for manual intervention, speeds up compliance checks and reduces their operational risk.

London, 7th October 2004 – Misys Wholesale Banking Systems (Misys) has integrated the successful Misys Trade Innovation with the innovative Misys eServices Platform Trade Edition to deliver a highly automated pre-packaged solution designed to support true front-to-back straight-through processing (STP).

London/Johannesburg, 6th October 2004 – Misys Wholesale Banking Systems (Misys) are pleased to announce that Absa, one of South Africa’s largest financial services organisations, have implemented Misys Message Manager to drive major improvements in their internal SWIFT message processing .The new system was licensed by the bank in February 2004 and, after a short 2 month implementation project, the bank went live in May 2004.

London, 13 September 2004 - Misys Risk Management Systems today announces the signing of a strategic partnership with Allustra, a leading provider of enterprise cross-product collateral management solutions.

1 September 2004 – CC-Bank, the consumer finance subsidiary of Santander Group in Germany, has awarded Misys Retail Banking a £multi-million contract to provide an international core retail banking system, critical to the bank’s modernisation and European roll-out. The Misys solution, Equation, will consolidate two legacy systems and standardise the bank’s IT infrastructure enabling CC-Bank to centralise customer data and provide 24/7 online account access for its 3.1 million customers.

Misys Retail Banking is providing the core banking infrastructure to underpin the UK’s first Islamic bank. The bank will open its first branch in London next month to meet the demands of members of the Muslim community who require banking facilities that conform with the Quran (Sharia’a compliant). Islamic Bank of Britain will offer a state-of-the-art retail banking service with multiple channels and a sophisticated set of services, providing UK customers with an alternative to conventional banking that they can count on at any time and from any location.

Misys Global Managed Services (Misys) today announced that Record Currency Management (Record), a specialist fund management firm, has gone live with the MT304 custodian notification service from Misys Treasury.

London - Summit Systems today announced that it has been selected to provide the software that will support Bank of Ireland’s business expansion into the rapidly growing credit derivatives market. Bank of Ireland Global Markets is responsible for global treasury operations within the Bank of Ireland Group and will install Summit at their HQ in Dublin. In addition to supporting its front office trading function, Summit will also handle all aspects of risk management and operations covering a wide range of instruments. This purchase builds upon the Bank’s existing Summit modules that include money markets, fixed income and interest rate derivatives.

Misys Wholesale Banking Systems (Misys) is proud to announce that Beijing City Commercial Bank (BCCB) has selected OPICS, its treasury, derivatives and capital markets solution, and Trade Innovation, its trade services solution, as a total solution to help the bank meet its ambitious growth objectives. The deal has been secured through Misys’ partner, Singlee Software Group.

Summit Systems continues to show steady client expansion with the announcement today of three major new deals in Europe, USA and Asia. The contracts have all been signed since the start of Misys plc’s new financial year starting June 2004, signalling an excellent start to the new year. The signings cover a range of asset classes including treasury, fixed income and structured trading - demonstrating Summit’s multi-asset class strength:-

London/New York, 26th July 2004 - Misys Wholesale Banking Systems (Misys) today announced that First Hawaiian Bank, the oldest financial institution in Hawaii, have selected Misys’ Trade Innovation solution to provide comprehensive operational and workflow management for its trade finance operations in Honolulu.

New York / London, 23rd July 2004 — Misys Wholesale Banking Systems (Misys), a leading provider of financial software solutions, today announced that KeyBanc Capital Markets, the corporate and investment banking business of KeyCorp, has selected Misys Loan IQ as the software platform for its expanding agency syndication and servicing businesses.

London, Summit Systems has announced that it has been chosen by Abbey Financial Markets (AFM) to handle all its credit derivatives trades from booking through to operations. The purchase is part of a restructuring programme that is aiming to create synergies across the business, improving STP and efficiencies in all areas. Over the past few years, AFM’s credit derivatives business has grown in volume and complexity. In addition to supporting existing non-credit risky products, the new system will cover instruments such as default swaps, baskets and indexed trades.

London, 15 June 2004 - Almonde (UK) Ltd and Misys Risk Management Systems, providers of enterprise risk management solutions, today announced the release of a specialised Basel II solution for building societies in the UK.

Summit Systems, a leading provider of treasury and capital markets solutions, today announced that Industrial Bank of Korea (IBK) has gone live with its derivatives module. IBK, one of South Korea's leading investment banks, has implemented Summit FT for trading and risk management covering interest rate derivatives, equity and FX options. IBK has also installed Summit's innovative MUST tool for structuring and processing exotic products. MUST has been combined with Summit's BGM module for pricing to provide a comprehensive solution that will enable the Bank to take full advantage of the growing exotics market in South Korea.

London, 7th June 2004 – Misys Wholesale Banking Systems (Misys) today announced the launch of Misys Treasury, a new ASP service providing browser-based treasury management services for corporate treasurers and fund managers.

London, 26th May 2004 - Banque Internationale Arabe de Tunisie (BIAT), one of Tunisia’s leading corporate banks, has chosen OPICS from Misys Wholesale Banking Systems (Misys) as the IT solution to help spearhead its continued business expansion at its head office in Tunis. OPICS was chosen due to the system’s flexibility, advanced technology architecture and complete integration from front- to back-office.

New York, Summit Systems has today announced the release of phase II of its innovative MUST (Multi-Underlying Structured Trade) tool that helps traders easily create, process and analyse complex products and structured trades. Originally announced in May 2003, Summit has since invested considerable R&D resource and partnered with a major Tier 1 bank, to add pioneering functionality that positions MUST as a best of breed tool for both sellside and buyside financial firms.

London, 18 May 2004 - Misys Risk Management Systems today announces the signing of a formal partnership with Almonde. The alliance, between two of the industry’s leading risk specialists, will establish an unrivalled depth of regulatory and risk product expertise with global delivery capability.

New York/London, 17th May 2004 – Misys Wholesale Banking Systems (Misys) today announces that it has signed a strategic partnership agreement with Currenex®, the leading online global currency trading platform.

London, 11 May 2004 - Misys Risk Management Systems today announced that Suncorp has selected Risk Vision, the advanced solution for enterprise wide risk management, as its new risk solution for traded market risk and treasury credit. The Australian banking, insurance and wealth management company selected Misys’ integrated market and credit risk platform to strengthen its treasury risk management infrastructure and support expansion into new lines of business.

London, 10th May 2004 - Misys Wholesale Banking Systems (Misys) today announces that NORD/LB (Norddeutsche Landesbank Girozentrale), one of Germany’s most prestigious banking groups, has gone live with the Midas banking solution at its operation in Warsaw.

Summit Systems today announced that South Korea's largest retail bank*, National Agricultural Cooperative Federation (NACF), has gone live with its front-to-back office solution for treasury and capital markets. In addition to providing the Bank with a straight-through processing solution, it will benefit from Summit real-time services including FX and bond positions, trade blotter and viewer, credit limits, market risk, confirmations and settlements, and real-time bond positions.

London, 28th April 2004 - Banca Popolare di Milano (BPM) has implemented OPICS, the treasury, derivatives and capital markets solution from Misys Wholesale Banking Systems (Misys), for its subsidiary in Dublin. OPICS has been installed at Engitech, who provide facility management services to BPM Ireland Plc, where the bank has no IT infrastructure. The bank went live with OPICS in January 2004, following less than 4 months of implementation.

New York/London, 13th April 2004 – Misys Wholesale Banking Systems today announced that Misys CMS has moved a stage further into the world of seamless automated confirmation processing by joining SWIFT as a Treasury Electronic Trade Confirmation (ETC) provider, and implementing their own SWIFT connection. As a result, Misys has been given the SWIFT BIC of MISYGB2L, to be used by all Misys CMS customers, enabling them to send and receive SWIFT confirmations to and from the service.

London - SEB Merchant Banking, a division of SEB Group, one of the largest Nordic banks, has selected Summit Systems' treasury and capital markets solution to help consolidate risk monitoring for several desks into one single platform. The deal means that Summit's solution expands from focusing on derivatives at the Bank, to provide coverage across different asset classes, processing a wide range of trades from FX to futures, FRAs and swaps.

New York, March 16 2004 - Summit Systems today announced that the Federal Home Loan Bank of Seattle (Seattle Bank) will implement the Summit system to support the bank's investment and funding portfolios along with its associated hedging activities.

London, 15th March 2004 – Following the signing of a new five-year partnership deal with S1, Misys Wholesale Banking Systems (Misys) today announces the launch of Misys eServices Platform, a J2EE-based multi-channel solution for wholesale banks.

London, 15 March 2004 – Misys Wholesale Banking Systems (Misys) and S1 Corporation (S1) today announce a new five-year distribution agreement. Under the terms of the agreement, Misys will distribute and implement S1’s Enterprise retail, cash management and trade finance solutions throughout Europe, Africa, Middle East and Asia.

Singapore, 3rd March 2004 - Misys Wholesale Banking Systems (Misys) today announced the appointment of Rudi Pecker as Head of Sales for the Asia Pacific region. Mr. Pecker will be based at the company’s Singapore offices.

Misys Wholesale Banking Systems today announced the signing of a partnership agreement with Vanda Systems & Communications Holdings Limited (Vanda) to promote its trade services solution, Trade Innovation, in China.

London, 19 February 2004 - Misys Risk Management Systems today announced the Go Live of Risk Vision, the company's market leading risk management solution, at the Treasury Corporation of Victoria (TCV), Australia. The solution will allow TCV and its stakeholders to benefit from improved risk evaluation tools and techniques, through a number of Risk Vision components - Risk Vision Data, Risk Vision Carma and Risk Vision Exposure.

London, 17th February 2004 - Philippine National Bank (PNB) has selected OPICS, the treasury, derivatives and capital markets solution from Misys Wholesale Banking Systems, to continue the improvement of its IT infrastructure by reducing risk and increasing efficiency.

London, 30 January 2004 - Misys Risk Management Systems today announces the expansion of its development capabilities with the official launch of its new centre in Bangalore.

New York - Summit Systems today announced that the Federal Home Loan Bank (FHLB) Boston has decided to implement the Summit system to manage the bank's investment and funding portfolios along with its associated hedging activities. A phased rollout will be conducted with the assistance of Summit's Consulting Services Group and is planned to conclude in Q4 of 2004.

London, 13 January 2004 - Misys Wholesale Banking Systems today announced that Westpac New Zealand (NZ) has gone live with Midas Compliance Watch. Westpac NZ is one of the first banks in the region to embrace the need for more stringent anti-money laundering processes. In line with regulatory requirements, Compliance Watch will give the bank the ability to screen all inward and outward financial messages for individuals, companies or organisations appearing on published lists of known or suspected criminals and terrorists.

Misys plc, the global software products and solutions company, today announces it has acquired substantially all of the assets and liabilities of IQ Financial Systems ("IQFS" or the "Company") a majority held subsidiary of Deutsche Bank for $40m in cash.

Summit Systems today announced that Bank of China, rated largest bank in Asia*, has chosen its treasury and capital markets solution to run the Bank’s interest rate front-office trading desk. The system went live in December 2003 and will enable Bank of China to gain a competitive advantage as the first derivatives trading desk in China. The system has been implemented in Beijing with further installations at multiple sites to provide the Bank with overseas remote access.