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MISYS BANKING SYSTEMS LAUNCHES MISYS OPICS PLUS AT ACI WORLD CONFERENCE, MANILA

Next generation, service oriented, smart client architecture delivers Misys Opics

functional richness with market leading flexibility and scalability

24th May 2006 – Misys Banking Systems has launched Misys Opics Plus, the next generation of the market-leading Misys Opics system. Building on over a decade of successful implementations, Misys has created Opics Plus as a front-to-back treasury and capital markets solution on a single platform. This gives financial institutions better performance, more efficiency and lower costs than more fragmented alternatives.

Misys Opics Plus enables the user to process a wide range of cross-asset financial instruments seamlessly from front office to the back. A single system, Misys Opics Plus handles vanilla and complex derivatives, fixed income, and equity and treasury trades, all on one platform. Existing Misys Opics customers will see faster performance, new functionality and a new architecture enabling multi-tiered and parallel processing. This provides the scalability to support growth in both future volumes and transaction complexity.

Misys Opics already plays a valuable part of over 140 financial institutions, spanning more than 250 sites across the globe. Misys Opics Plus customers will benefit from the addition of new functionality in structured products, with additional options structures, complex exotic options and advanced pricing capabilities. The end user experience is enhanced through a single, intuitive user interface which will allow them to efficiently customise their desktop and screens to display only the information they require. Menus, trading screens, blotters and position enquiries are all easily customised for each user or for groups of users.

“This is a highly significant launch,” commented David Stewart, Opics product manager, Misys Banking Systems. “With trading volumes increasing at their current rates, our customers are looking for reassurance that the products they use are viable and can support their business, not just now, but long into the future. Misys Opics Plus meets that need with its industry-leading architecture and functional enhancements."