FRS Grants Mysis Global Distribution Rights to Regulatory Products
Misys Wholesale Banking Systems and FRS, a business unit of S1 Corporation, have signed a strategic agreement which provides Misys with the rights to sell and distribute FRS regulatory reporting products on a worldwide basis. This follows the announcement earlier this year of the agreement for Misys to distribute and implement S1’s Enterprise retail, cash management and trade finance solutions throughout Europe, Africa, Middle East and Asia. The new offering created by the agreement will be significant for banks currently embarking on globalisation initiatives, particularly Misys customers that are implementing MidasPlus with Global Processing.