Misys to host the region’s first user group conference in Dubai

13 November 2008

Misys will be hosting its first User Group for the Middle East & Africa’s banking community later this month, one of many initiatives that will allow the region’s banks to garner more knowledge and experience of the company’s Banking, Treasury & Capital Markets, and Islamic offerings.

Joining the event will be Guy Warren, Misys Executive Vice President and General Manager, where he will offer an insight into the company’s new products and way forward, in addition to discussing the banking landscape in the Middle East & Africa, given the current financial situation that is affecting the global economy.

“The Middle East & Africa regions are two of the few in the world where the current global financial issues have not had a major effect on the economy or the region’s banks; this can be largely attributed to the independent nature of the economy in this part of the world and the increased investments from foreign nations.

“Misys specifically has seen an increase in its user base in the region, and this conference will act as a sign of our commitment to help our customers get the most out of our offerings, in turn benefiting from a more profitable business and enhanced client serviceability levels.”

The user conference will also have a large focus on the Islamic Banking offerings from Misys, in addition to a variety of market-leading products such as the new Opics Plus, Midas, Equation and Trade Services software.

Two years ago, Misys was awarded the Sheikh Mohammed bin Rashid Al Maktoum Islamic Finance Award for its Islamic banking products such as Opics Plus Islamic, specifically developed by Misys for the Islamic banking market.

Roy Froud, General Manager, MEA, for Misys explains: “Islamic finance is one of the fastest growing industries in banking, witnessing an average growth of 15% per year, We are proud of our innovation of proven Islamic Banking solutions with outstanding offerings to Shariah-compliant institutions.

“Our commitment to the region has been evident not only through our multitude of market-leading products, but also via the company’s expansion across the region; customer confidence is solid and we foresee great potential for further growth in years to come.”

The user conference will be held at the InterContinental Hotel on November 18th, with more than 50 delegates from the Middle East & Africa’s leading banks set to attend.

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