More NewsMisys Signs IBM Software Licensing Deal to Help Banks’ Business

Misys Signs IBM Software Licensing Deal to Help Banks' Business

Misys, a global application software and services company, has selected IBM software to help power its BankFusion platform and help banks develop new processes or adapt existing processes more rapidly to cater more closely to the demands of customers. BankFusion clients can benefit from faster implementation of core banking projects and more flexibility in their operations.

Under the licensing agreement, Misys is incorporating IBM business analytics, information management and application server software, including Business Process Server, into its BankFusion platform. As a result, clients will be able to install a proven, certified process management technology without the need for additional integration and testing of banking applications.

Henny te Beest, chief financial officer (CFO) and managing director, Amsterdam Trade Bank, said: “We selected Misys BankFusion Equation to help us to reduce our cost/income ratio and lower operational risk. The decision by Misys to integrate IBM’s Business Process Server, which is already an established and proven business process software solution, will further strengthen Misys BankFusion. In line with our strategy, this latest addition to Misys portfolio is important as, I believe it will enable us to build banking processes faster and enhance our integration capability using industry-standard components.”

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