Monday 15 September 2008

Misys Releases Java EE Version of TI Plus 2.0

Misys plc (FTSE: MSY.L), has released the latest Java EE version of its trade finance solution, called TI Plus 2.0. The company has also announced the availability of Misys Cash Portal, a new corporate ebanking solution that responds to demands from banks to use one platform to manage all of the online requirements of their corporate clients.

In the world of cash management and trade, corporate clients are demanding more from their banks: more services, quick response times and more transparency. Both TI Plus 2.0 and Misys Cash Portal have been designed to help banks respond to those clients demands.

With TI Plus 2.0, banks are able to go to market more quickly, reduce response time to their clients and seize on new market opportunities in the financial supply chain arena.

With Misys Cash Portal, banks are able to differentiate themselves by offering their clients a single online platform for processing their cash management and trade transactions. They are able to provide the following services to their corporate clients: fund transfers and payments (including internal transfers, third party transfers, SEPA Credit Transfers and others), account balances, sweeping services, report designer, audit trail and trade finance.

Olivier Berthier, Head of Product Management, Misys Trade Services, comments, "The cash management and trade services market is moving forward rapidly and in need for more innovative and flexible front-end as well as back-office solutions to cope with the changes. We are happy to be at the forefront of it, listening to our clients and their corporate customers and keep creating new solutions to help them lead this industry. As a result, we have seen a great majority of our clients receive awards for the operations that our solutions run."

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