- Misys Trade Services, Including Front- and Back-Office Solutions, Wins Gold Status
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LONDON, June 2LONDON, June 2 /PRNewswire/ -- Misys plc (FTSE: MSY.L), the global application software and services company, today announces that it has been awarded the double accolade of winning two SWIFTReady Gold labels for its front-office and back-office trade finance solutions.
Having been the first trade services solutions provider to win the SWIFTReady Trade Services Utility (TSU) label when the category was started in 2007, Misys has again been awarded the 2008 Gold status for its TSU capabilities, available either within Misys Trade Portal or as a standalone solution. Additionally, Misys Trade Innovation has achieved Gold in the SWIFTReady Trade Finance category, underlining its adherence to the SWIFT Standards, its openness, breadth and depth of functionality and flexibility to meet market demands.
Olivier Berthier, Head of Product Management, Misys Trade Services, comments, "We are delighted that we have gained such important stamps of approval from SWIFT for our fully integrated financial supply chain solutions. We have continually adapted our solutions to keep ahead of our customers' and the market's demands and are now able to provide solutions seamlessly linking the front office to the back-office trade finance processing."
Misys Trade Services provides more than 190 customers with solutions for all their trade finance needs, making it the world's best-selling trade finance system provider. Customers of Misys benefit from an integrated portfolio of trade finance, guarantee and factoring solutions which anticipate constantly changing market requirements. Banks are able to improve trade finance volumes by enhancing customer service and broaden revenue opportunities. The offering enables them to process financial supply chain business both efficiently and cost-effectively, thereby providing the edge banks need to stay ahead of the competition and provide their corporate customers with truly value-added services.
The SWIFTNet TSU was built by SWIFT to help financial institutions provide competitive supply chain services to their corporate customers. The service became commercially available on 2 April 2007. The SWIFTReady TSU Gold label, awarded to the Misys TSU module for the second year running ensures that third party applications support the TSU messages and rules properly, thereby allowing banks to use the TSU Solution effectively.
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 and 600 home care providers. Misys employs around 4,500 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
For further information please contact: Edward Taylor Global Head of Public Relations Misys Banking +44(0)208-486-1661 edward.taylor@misys.com Sebastian Mathews Financial Dynamics +44(0)207-269-7158 sebastian.mathews@fd.com Contact us today, visit: http://www.misys.com
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