Benchmarking tests on Microsoft platform show enhanced performance for customers using the new .Net solution
NEW YORK, June 20, 2006 - Misys Banking Systems, a global leader in banking software and solutions, is demonstrating the new .NET powered Misys Opics Plus at Microsoft's booth #2211 at SIA 2006. Misys Opics Plus is the next-generation of market-leading Misys Opics, designed to offer users the ability to process a wide range of cross-asset financial instruments seamlessly from front office to the back.
Via a single platform, it handles vanilla and complex derivatives, fixed income, and equity and treasury trades. Customers will benefit from significantly enhanced performance, with a new tiered architecture allowing organisations to run tasks in parallel. It also ensures full scalability to meet future volume needs within an open and highly flexible system.
Aligning with Microsoft has provided Misys with access to a wide range of product and application development expertise, and one of the benefits has been significant performance increases. Benchmarking tests conducted at the Microsoft labs in Redmond, Washington demonstrated improved performance scalability and reliability in Misys Opics Plus. One Opics user reported some Opics processes have shown a fourfold improvement, allowing the user to dramatically increase their transaction volumes. The level of these improvements mean customers can not only be confident of meeting demands today but also in the future.
Bill Hartnett, GM of Strategy and Solutions for Microsoft's U.S. Financial Services Group, sees many benefits for Misys Banking Systems in adopting .NET architecture for the system. "Building upon Microsoft's .NET technology provides Misys with an architecture framework for future development. The use of its open-system capabilities and web service standards allows Misys Opics Plus to integrate well with other partners and technologies. Misys Opics Plus customers will see significant benefits in reliability, scalability and enhanced performance."
David Stewart, Opics Product Manager, Misys Banking Systems, is looking forward to a long-term alliance with Microsoft and .NET. "Organisations are rationalising and streamlining their operations in a climate of ever more stringent regulation. The move to Misys Opics Plus and the .NET environment means that our customers can support their businesses growing needs whilst streamlining their operations and reducing their operating costs."
Experts from Misys Banking Systems and Microsoft will be on hand at booth #2211 to talk about Misys Opics Plus and will be able to arrange a demonstration.
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For further information, please contact:
Edward Taylor
Global Head of PR
Misys Banking Systems
+ 44 208 486 1661
edward.taylor@misys.com
Caroline Parker / Nick Parker
Financial Dynamics
+ 44 207 269 7295
caroline.parker@fd.com / nick.parker@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, combining technological expertise with in-depth understanding of customers' markets and operational needs. In banking Misys is a market leader with over 1,200 customers, including 49 of the world's top 50 banks. In healthcare Misys is also a market leader, serving more than 110,000 physicians in 18,000 practice locations, 1,200 hospitals and 600 home care providers. Through Sesame, a wholly-owned subsidiary, the company is also a leading provider of support services to about 7,800 financial advisers in the UK. Misys employs around 6,000 people who serve customers in more than 120 countries. For more information, visit www.misys.com
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