Actinver selects Misys BankFusion Universal Banking to support its aim to be the best financial services company in Mexico

26 January 2010

Misys plc (FTSE: MSY.L), the global application software and services company, today announces that Actinver has chosen Misys BankFusion Universal Banking to underpin its expanding banking operations.

Actinver provides a wide range of services to corporate and institutional clients as well as retail customers. To help it to realise its strategic goals, the business was looking for the most technically advanced universal banking solution and a platform upon which to base all future growth.

The decision to choose Misys BankFusion Universal Banking was taken after a rigorous selection process, which led it to evaluate all major local and international suppliers. Misys was chosen for its revolutionary process-oriented approach to building banking applications. This approach will provide Actinver with the power to model business processes accurately within the solution, ensuring maximum flexibility and speed to market for new products and services.

“The agility that BankFusion Universal Banking brings to Actinver means we can focus on providing our customers with a unique service,” states Alvaro Madero Rivero, CEO Actinver. “We saw a brand new approach in the offering from Misys that we could not find anywhere else. This innovative solution will enable us to maximise the value we give our customers as our business grows over the coming years.”

Guy Warren, EVP and General Manager, comments, “Actinver has built a great reputation for providing its customers with innovative products and a rapid response to their needs. We believe that BankFusion Universal Banking stands out in the market as the only solution that can give it the control it needs to define and manage how the business operates without being constrained by the underlying technology.”

Key to Actinver’s decision was being able to meet the complex regulatory reporting requirements on a local and international level. Through its close collaboration with Soluciones Bajaware, Misys was able to ensure that BankFusion Universal Banking complies fully with Banxico and CNBV’s requirements.

Alvaro Madero Rivero adds, “In the current economic climate, the pressures on financial institutions from a number of different angles are unrelenting. With increasing regulation, more competition and an escalating pace of change in the industry, we are confident that Misys BankFusion Universal Banking will fulfill our business needs now and in the future.”
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