Misys Delivers Trade Innovation System to First Hawaiian Bank
First Hawaiian Bank, the oldest financial institution in Hawaii, has selected the Trade Innovation solution from Misys to provide operational and workflow management for its trade finance operations in Honolulu. Trade Innovation was already being used by the bank’s sister company Bank of the West. Richard Chun-Hoon, Vice President and Manager, and responsible for trade finance services at the bank, comments: ‘Both Trade Innovation and Misys were known quantities in the bank due to their existing relationship with Bank of the West. We felt it would be valuable for First Hawaiian Bank to leverage the experience already gained through this relationship. The product will allow us to fulfil our main objectives of managing our risk, streamlining processes and offering improved levels of service to our customers.’ Misys has also signed a new partnership agreement with Stefanini IT Solutions (Stefanini), a South American IT consultancy. The contract covers the distribution and development of Misys’ financial software solutions and professional services across Brazil.