Misys plc : Misys wins Asian Banker Award for “Best Back-office System” Technology Implementation for Global China Construction Bank Project

Misys wins Asian Banker Award for "Best Back-office System" Technology Implementation for Global China Construction Bank Project

8 May 2012 - Misys plc (FTSE: MSY.L), the global application software and services company today announced that it has won the "Best Back-Office System" in The Asian Banker Technology Implementation Awards 2012. The award was won for the successful implementation of Opics at China Construction Bank (CCB). The bank used Opics, Misys' cross-asset trading and treasury solution, to standardise its overseas corporate banking, personal banking and treasury operations systems.

During the project, CCB built a unified suite of systems to be rolled out across global branches. This involved implementing a consolidated back-office platform to introduce automation, standardisation and consistency across all systems, resulting in enhanced efficiencies, increased transparency, and reduced operational risk. The project was on time and budget, with six CCB overseas branches live within 10 months, including implementations in the bank's Sydney, Tokyo and London offices.

Peng Tao, Deputy Senior Manager of China Construction Bank commented, "The successful implementation of Misys Opics enabled our head office to centrally support, manage and monitor the back-office operating system while expanding our overseas branch expansion to global financial markets. The resulting unified operating process and data standards were significant goals in this project. The stability and scalability of the Misys platform will enable us to provide the best service to our customers."

Peter Middleton, Director of Professional Services, Misys Asia Pacific, said, "We are very pleased with this award as it recognises the hard work that was involved in a highly collaborative and complex project with teams in three locations in China and a number of overseas branches. As China Construction Bank continues to expand its global reach, the Misys platform will continue to meet current and future expansion requirements across the globe."

Misys' Opics is a comprehensive front-to-back, cross-asset trade processing solution with rich straight-through processing and back-office capabilities. In a single system, it handles a wide range of financial instruments including vanilla and complex derivatives, fixed income, and equity and treasury trades.

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For further information please contact

Charlotte Bilney                                                          Anna Bartram
Tel: +852 9314 3463                                                   Tel: +852 3103 0109

Misys

Edward Taylor                                                            Phillip Bedford

Global Head of PRRegional Marketing Manager, APAC

Tel : +44 (0)20 3320 5530                                          Tel: +65 6517 6216

About Misys plc

Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to financial services organisations.  We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success. 

Misys is a market leader with over 1,300 customers, including all of the world's top 50 banks. Misys employs approximately 4,000 people and works with over 100 partners globally who serve customers in more than 120 countries.

We aspire to be the world's best application software and services company, delivering results for the most important industries in the world. Working with our extensive partner network, together we create compelling solutions enabling our customers to differentiate themselves and drive a competitive edge.

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