Controlled deployment method used by Misys Professional Services ensured rapid and trouble-free implementation for Helaba
London, 14th December 2005 – Misys Banking Systems (Misys) announces today that its next generation solution, Misys Midas Plus, is now live in the New York branch of the German bank, Landesbank Hessen-Thuringen (Helaba).
Generally available and already with sites across the globe, Misys Midas Plus is the next generation of the industry leading core banking solution, Misys Midas. Some of the major global banks have opted for the solution, including HBOS, OCBC, ICBC, Bank of India and Sampo, many of whom have selected the Global Processing capabilities within the product.
Commenting on the project, Lee Duxbury, Senior Vice President at Helaba NY, said: "We are excited at going live with Misys Midas Plus. This state-of-the-art solution and its new features will help us comply with IAS requirements, which affect us as a European bank. It will also help us plan and have a well-rounded view of exposure when embarking on other new ventures. The project team from Misys Banking Systems has continually demonstrated its expertise and we look forward to continuing our long relationship with Misys."
Misys controlled deployment method has ensured a hundred per cent success rate for installations of Misys Midas Plus, both for upgrades from the Misys Midas solution and for new sites.
Elsie Bonnett, Global Services Director, Misys Banking Systems, adds: “We are delighted by the success of Misys Midas Plus. We have a thorough and methodical approach to implementation, which benefits our customers. Misys Midas Plus has been designed for banks to help them adapt rapidly to changing market conditions and they can add new functionality to the system at a pace that suits their business.”
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For further information, please contact:
Edward Taylor
Global Head of Public Relations
Misys Banking Systems
+44 (0) 208 486 1661
edward.taylor@misys.com
Dan Davies / Alex Jacob
Financial Dynamics
+44 (0)20 7269 7293
dan.davies@fd.com / alex.jacob@fd.com
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, 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 whom 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
Misys. Making things that really matter, work better.
