27th June 2006 - Misys Banking Systems, a global leader in banking software and solutions, announces today that its trade services software products have come first in this year's Trade Finance awards, beating other vendors including CSI, Bolero, China Systems and SAP.
Misys came top of an annual poll conducted by UK-based Trade Finance Magazine for its two products, the back-office trade finance system, Misys Trade Innovation and the e-Banking front end, Misys Trade Portal. Over 180 banks across the world rely on the products in Misys Trade Services portfolio to serve their trade customers quickly and efficiently.
"This award is a great endorsement of the significant investments we have made in our trade services portfolio over the last year," comments Andrew Hebron, head of product management, Misys Banking Systems. "We have added the world-class e-Banking solution, Misys Trade Portal to our existing Misys Trade Innovation back-office system. We have created a working capital finance component and restructured Misys Trade Innovation's workflow to automatically manage banks' service commitments to their corporate clients. We now have a world-beating set of trade services solutions from front to back, which banks are using to meet the changing demands of the market. We look forward to maintaining our position as the leader in this market."
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For further press information, please contact:
Caroline Parker
Financial Dynamics
0207 269 7295
caroline.parker@fd.com
Edward Taylor
Global Head of Public Relations
Misys Banking Systems
+44 (0) 208 486 1661
edward.taylor@misys.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.L), 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 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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