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Banks vote Misys best vendor for Core Banking and Payments in Banking Technology Awards 2013

  • Best Core Banking Product for Misys BankFusion
  • Best Payments Product for Misys Payments and Messaging

At the annual Banking Technology Awards, held on 31 October 2013, Misys picked up two of the coveted Readers’ Choice awards – the only awards voted for by banking industry participants. Misys BankFusion was awarded first place in the category for ‘Best Core Banking product or Service’ and Misys Payment Manager won the ‘Best Payments Product or Service’.

Now in its 14th year, the Banking Technology Awards have become established as the premier event recognising excellence in the use of IT in financial services. Banking Technology's readers – which comprises over 22,000 senior decision makers within the global banking industry – voted for which they consider to be the best systems on the market today.

Nadeem Syed, CEO of Misys, who attended the awards ceremony commented: “In the last 12 months, Misys has launched 21 products, signed 36 new customers and won 24 industry awards. Adding these two Banking Technology Readers’ Choice Awards to our accolades is particularly important to us, as our customers and the banking community as a whole nominated and voted for Misys. It underscores the fact that our banking products are leading the way in delivering benefits and adding real value to our banks’ businesses.”

Erin Smith, VP of Banking, Misys, who also attended the awards ceremony, added “Misys BankFusion is accelerating the growth plans and profitability of more than 70 banks around the world and is transforming the core banking systems landscape. Our payments and messaging solution has recently enabled major international banks like Nordea and ABSA to vastly increase payment processing efficiency, transparency and control so that they can streamline payments globally and also deliver better services to their customers. We are delighted with these awards and we look forward to continuing to meet the needs of our customers as we enable their businesses with the most innovative and technologically advanced banking solutions on the market.”

Misys BankFusion, the most technologically advanced core banking platform on the market, is built on the experience and knowledge of more than 400 banks running mission-critical core banking operations with Misys products. Misys BankFusion provides banks with a transformation platform to renovate priority elements of the core banking system in a low-risk, incremental approach. The innovative BankFusion Workbench offers banks unparalleled agility to out-perform the competition, bringing to market products much more quickly and without IT disruption.

More than 200 banks around the world use Misys Payment and Messaging solutions to rapidly adapt to changing messaging standards, and modernise payment systems to address new international standards. Misys has signed new clients in Qatar, Egypt, the Southern African Development Community and across APAC, as well as building on the well-established client base in Europe where the solution is helping clients to address the requirements of SEPA. Its payment hub technology enables banks to consolidate, validate and orchestrate payment flows from multiple existing systems, increasing operational efficiency and straight through processing, while reducing manual errors and investigations.