Inaugural “Leaders in Innovation Awards” recognise Misys’ achievements and leading position in international trade finance
20 November 2006 - Misys Banking Systems, a global leader in banking software and solutions, has won the ‘Best Trade Finance Solution’ category at the inaugural 2006 “Financial-i Leaders in Innovation” Awards. The awards acknowledge the leading banks and software vendors which are shaping the delivery of business solutions in wholesale transaction banking.
Financial-i selected Misys Banking Systems for the award in recognition of its focus on product innovation, the cost effectiveness of Misys’ solutions, business benefits, ease of implementation and the ability to tackle business issues and challenges. Specifically, it covers Misys’ front-to-back office trade services solutions: Misys Trade Portal, Misys Trade Innovation and Misys TI Plus. Around the world 180 clients and 240 sites now rely on the company’s trade services solutions, with customers such as BNP Paribas, Société Générale and Lloyds TSB.
Olivier Berthier, Head of Product Development, Trade Services, Misys Banking Systems, comments, “This award, the second this year for our leading-edge trade services solutions, comes at an exciting time for us, as we are seeing further demand for our innovative solutions. It is an excellent endorsement of the team’s achievements and we are proud to receive it. We continue to see very strong market growth in our trade services solutions business as we continue to enhance the capabilities of our products. We look forward to continuing to spearhead this growth and innovation, driving value for our customers over the long term.”
-Ends-
For further press information, please contact:
Edward Taylor
Global Head of PR
Misys Banking Systems
+44 (0)20 8486 1661
edward.taylor@misys.com
Nick Parker
Financial Dynamics
+44 (0)20 7269 7181
Nick.Parker@fd.com
About Misys Banking Systems
Misys Banking Systems supplies over 1,200 customers in more than 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 2,500 people around the world and sales, implementation and customer support teams in nearly 30 countries. One third of the world’s commercial loans, half of traded loan volumes and one in every eight global FX transactions are conducted using Misys systems. Misys invests heavily in research and development and is one of the top industry spenders, investing nearly ten per cent of total revenue per annum. Misys Banking Systems is part of Misys plc.
About Misys plc
Misys plc (FTSE: MSY.L), the global software and solutions 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
About Financial-i:
Financial i focuses on how technology is being leveraged to provide business solutions in wholesale transaction banking. Solutions that solve common business issues around the execution, delivery, clearing and settlement of transactions in the wholesale banking space, enhance the provision of value added services to customers, increase the speed of delivery of information, mitigate risk and maintain competitiveness.
Financial i editorial covers Treasury & FX; Securities Services; Network Services; Data and Risk Management; and Market Infrastructure. http://www.financial-i.com
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