Misys BankFusion Equation
Building on three decades of experience in bringing customers
the very best solutions to help them to thrive in their chosen
markets, Equation's strategic approach with BankFusion means an
ability to leverage the full breadth of Misys knowledge, gathered
from working with the world's foremost banks and financial
institutions.
This
evolution with BankFusion technology elevates Equation to the next
level of agility and empowerment, building on the investment that
Equation customers have made in the functional strength of the
solution. BankFusion Equation brings state-of-the-art
technology and unique flexibility, enabling Equation to be
re-architected into an SOA environment.
Based on the BankFusion platform, BankFusion Equation will
enable financial institutions to:
- Launch new products and services faster
- Respond rapidly to changes in the marketplace with a reduced
turnaround time for changes to processes and products
- Reduce operational cost through increased efficiency, a
code-generating feature that complies with Equation standards, plus
greater standardisation and automation
- Reduce risk and greater governance without removing the
standards and processes already in place
Overview
- BankFusion Equation is designed to offer existing customers the
new features they need to remain competitive, using the Misys
BankFusion platform to deliver re-usable components. This brings
state-of-the-art technology and unique flexibility, enabling
Equation to be re-architected into an SOA environment
- BankFusion Equation builds on the capabilities of Equation and
enhances the functionality covering a wide range of retail banking
instruments, such as lending, deposits and payments, in addition to
supporting business and enterprise banking requirements including
treasury and trade services.
- It includes an integrated General Ledger (GL) application that
can be used for bank-wide financial management or alternatively,
can act as a product ledger and integrate with an existing
enterprise GL solution.
- The solution incorporates an innovative process capability to
allow a more flexible management of user interactions and the
automation of higher levels of straight-through-processing (STP).
The design supports 24x7 banking operations, removing any of the
constraints of traditional systems around user 'down-time' during
end of day processing.