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Misys named best Islamic core banking solutions provider

Winner of the first Islamic banking awards from World Finance magazine

1 October 2007 - Misys, the global application software and services company, has won a prestigious award for its Islamic banking and finance solutions.

The award recognises Misys for its contribution to the Islamic Banking industry over the last two decades of operations in the Middle East.  It is through this valuable experience that Misys has been able to develop Misys Equation Islamic Banking, which has embedded fully Sharia-compliant Islamic functionality into Misys Equation's internationally proven solution. This product and the associated Misys Islamic experts that assist with its implementation have been very successful in assisting banks to: set-up new Islamic Banks, convert conventional banks to Islamic Banking, and also to bring more automation to already established Islamic banks.

Roy Froud, General Manager, Middle East & Africa, Misys, comments, "Demand for Islamic banking has grown exponentially over the last decade.  Our deep understanding of the Islamic Banking market, having delivered results for more than 80 customers in the region with our solutions, has enabled us to develop the best solution on the market - Misys Equation Islamic Banking.  We would like to thank World Finance for its award and also thank our customers for their continuing support."

The award selection panel used a wide range of criteria to inform its decision for each category winner, lending the critical eye of a collective 170 years of business journalism to the exhaustive information gathered by the award body's research team. 

- Ends -

For further information please contact
Edward Taylor
Global Head of Public Relations
Misys Banking Systems
+44 (0) 208 486 1661
edward.taylor@misys.com

Caroline Parker
Financial Dynamics
+44 (0) 207 269 7295
caroline.parker@fd.com

About Misys plc

Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to organisations in the financial services and healthcare industries.  We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success. 

In banking and treasury & capital markets, Misys is a market leader, with over 1,200 customers, including all of the world's top 50 banks.  In healthcare, Misys is a market leader, serving more than 110,000 physicians in 18,000 practice locations, 1,200 hospitals and 600 home care providers. Misys employs around 5,500 people who serve customers in more than 120 countries.

We aspire to be the world's best application software and services company, delivering results for the most important industries in the world.

Misys: Experience, Solutions, Results

Contact us today, visit: www.misys.com


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