Misys is a leading provider of global trade solutions for the financial services community, providing an integrated portfolio of trade finance and factoring solutions that anticipate constantly changing market requirements. Misys trade services is comprised of its market leading trade finance back office system, the award winning Misys TI Plus and corporate front-end, Misys Trade Portal .
Misys Trade Portal
Misys Trade Portal is a unique integrated e-business system which allows banks to offer a full-featured console that seamlessly connects importers and exporters. For the first time, this enables the banks’ clients to complete their international trade transactions while simultaneously accessing a wide range of features to follow them up.
Benefits
A multi bank system - Misys Trade Portal provides a true multi-bank architecture where customers can access multiple banks and their consolidated transactions. The system can be easily configured to handle major bank groups as well as smaller entities with fewer branches.
Open account business - Misys Trade Portal provides facilities to automatically receive POs from a client’s ERP system or to manually input details. These details can then be used in document preparation (such as packing lists, commercial invoices) and the creation of letters of credit to minimise re-keying and maximise accuracy.
Misys Trade Portal as a hosted solution - As a hosted solution, Misys Trade Portal is maintained by Misys in an enterprise-class data centre. Banks accessing the hosted solution are provided with the same robust functionality and features as the installed version, but without the operating costs associated with it.
TSU - Misys has been named the first trade services solutions provider to win the SWIFTReady Trade Services Utility (TSU) label. The Misys TSU module is available either within the award-winning Internet-based trade finance solution, Misys Trade Portal, or as a standalone solution. This is the first officially certified end-to-end solution available for banks to interact efficiently with the TSU while helping to improve the financial supply chain management and integration of their corporate customers.
Misys TI Plus
In the increasingly competitive world of trade finance it is vital to have systems that provide scalability, openness, breadth and depth of functionality and flexibility to meet market demands.
Designed by experts in trade finance and technology, TI Plus is a revolutionary concept in trade finance automation that thinks, reacts and operates in the same way as a bank’s trade finance operation. TI Plus is a unique solution enabling banks to process trade finance business both efficiently and cost-effectively, thereby providing the edge banks need to stay ahead of the competition.
Benefits
Workflow and Service Level Agreements in TI Plus - TI Plus has been designed with advanced workflow management to streamline the entire transaction lifecycle and the overall workflow of the trade finance operation. TI Plus allows the bank to define service level agreements (SLAs) for each customer. The bank can apply either customer groupings (e.g. gold, silver, bronze) or bi-lateral agreements for individual customers.an environment.
Global processing - Misys TI Plus’ global processing capability enables banks not only to create centres of excellence, but also to reduce operating costs through centralised capacity and economies of scale.
TI Plus Factoring - The factoring capability in TI Plus is optimised for trade receivables financing available. Finance is calculated on the agreed, discounted total of eligible receivables available on any one day. Drawings are processed at the express request of the customer.
