Back Office Capabilities Streamlines Operations

Workflow management
Central to the Misys Opics Plus solution is the Workflow Manager - a real-time, cross-product, cross-entity utility that manages pre-defined or user-defined operations workflow.

Information is dynamically displayed as transactions move through their lifecycle, enabling quick and easy recognition and response. The Workflow Manager tool allows an operator in the middle/back office to have a central location and to monitor and complete the remaining processes to be performed on transactions. In addition, the queue monitor function displays the processing
queue across all branches and product modules.

Because the Workflow Manager gives your organization complete, automated control of your workflow, it significantly increases efficiency and reduces operational risk. Part of the core Misys Opics Plus application, it consolidates back-office and operations processing across the entire suite of Misys Opics Plus products in a single, centralized location. The result is a powerful tool to manage STP exceptions and dramatically improve operational efficiency.

Settlements and confirmations
Misys Opics Plus enables banks to effectively manage their settlement activity from treasury, derivatives and
capital markets trading. The system features flexible instruction maintenance and application, stringent authorization controls and embedded logic to create and transmit more than 50 SWIFT message types.

Cash management
The real-time cash management functionality of Misys Opics Plus delivers all the functions required to project forward funding by managing daily cash positioning, short-term funding requirements and long-term liquidity.

The system's decomposition and drilldown facilities for the cash elements of all trades mean that users can easily manage the bank's cash position and track funding requirements.

Accounting
Misys Opics Plus offers a full multi-entity, multi-currency general ledger, giving financial institutions the flexibility to define their own accounting structure and posting rules.

Hedge accounting
Misys Opics Plus Hedge Accounting supports compliance with the provisions of the Financial Accounting Standards Board's FAS133 and IAS39 relating to accounting for derivative transactions used in hedging activities.

Reporting and Inquiries
Misys Opics Plus Inquiries allows users to closely monitor transactions and position activity. Additionally, the solution enables users to conduct a wide range of inquiries, as well as construct real-time SQL queries against the database.

Misys Opics Plus contains a comprehensive suite of predefined inquiries and reports, and the solution's open database structure allows for immediate access to any data views. The solution includes over 1,000 pre-defined reports covering the entire product suite. Users can easily export to Excel, and the system provides seamless integration with third-party reporting applications
such as Crystal Reports.

The online, real-time Workflow Manager enables users to monitor transactional processing, enabling operations management to proactively meet customer needs.