Philippine National Bank (PNB) will implement Misys Opics Plus 3.0, Opics Risk Plus and Eagleye to drive efficiencies as the bank expands its treasury business. The integrated solution will allow the bank to manage and grow its treasury operations more efficiently, keeping market risk low as it seeks new business opportunities in increasingly diverse asset classes.
Having been a Misys Opics customer since 2003, PNB was keen to take advantage of the latest release of Misys Opics Plus. The new solution will enable PNB to improve its treasury business, risk management and portfolio management.
PNB wanted a solution that would enable it to move into derivatives and structured products as it looks to respond rapidly to changing market conditions and customer preferences. PNB will be able to improve exposure management by pooling risk exposure centrally in order to manage the process better. Additionally, the commercial bank will improve its market risk management capabilities through enhanced reporting tools and better controls across the business from the front to the back office.