Finastra

Misys Treasury to offer cash balance and statement integration. Misys adds new functionality to its corporate treasury ASP

London and Atlanta, October 13th 2004 - Misys Wholesale Banking Systems will
be launching an upgraded version of Misys Treasury at Sibos this week. Misys Treasury, a new ASP service that provides browser-based treasury management services, will now include cash balance and statement aggregation.

The original service launched in June 2004, provided corporate treasurers with a single secure portal that could handle trade execution and confirmation matching Now additional functionality is being added so that cash balance reporting and aggregation can be managed via the same portal. Most customers deal with multiple banks and currencies on a daily basis, yet most banks require a separate service in order to manage the exchange of cash management information. Now Misys Treasury can offer customers multi-bank and multi-currency aggregation via a single portal, using SWIFT as a backbone.

Also on the stand at Sibos, will be a demonstration of the next release of
Misys Treasury. This will offer customers additional functionality and will
extend the trade management capabilities further to include corporate payments. This will mean that customers using Misys Treasury will be able to execute and manage most aspects of liquidity management via the same portal. The original service allowed customers to view current market prices and execute trades. The services launched today allow customers to handle their cash management and take a view on current liquidity, which will be followed by the next release allowing customers to initiate payments. As a result, companies will be able to form a view of their risk and position and handle compliance issues more effectively.

Mark Davies, CEO of Misys Global Managed Services comments: "Ensuring that all trades are executed and managed efficiently is exceptionally important, both to banks and corporate customers. The Misys Treasury service offers our customers a comprehensive front-to-back office solution, so that the whole trade lifecycle can ultimately be handled via one portal."