Misys Launches Inter-bank Matching of Exotic FX Options

By Misys Plc, PRNE
Sunday, August 22, 2010

Latest Release of the Misys Confirmation Matching Service Helps Banks Respond to Regulatory Demands

LONDON, August 23, 2010 - Misys plc (FTSE: MSY.L), the global application software and
services company, today announces the latest release of its Confirmation
Matching Service (CMS). This release includes inter-bank matching for Exotic
FX Options (MT 306 messages) - extending the existing support for buy-side
counterparties which went live earlier this year and is now used by more than
a dozen banks and fund managers. Banks can now benefit from increased
automation and improved risk management, whilst also reducing manual
processes such as fax, telephone, and email confirmations.

This release also enhances Misys' existing inter-bank matching
portfolio which already includes foreign exchange (MT 300), money markets (MT
320), FX options (MT 305), and metals (MT 600).

"We are excited by this significant enhancement to CMS. It
offers us the opportunity to further automate our processes, increasing our
efficiency and helping us maintain the highest service levels for our
customers," comments Andres Bergero, VP & Chief Corporate FX Trader at Bank
of the West. "Exotic FX Options are highly complex transactions - an
automated matching solution provided by a trusted partner represents real
value to our business."

Using this solution, banks can send confirmations to each
other over the SWIFT network, with the subscribing bank authorising SWIFT to
copy both inbound and outbound confirmation messages for the required
instrument(s) into Misys CMS. This is done using the SWIFT FinInform service.
These messages are only visible in CMS to the subscribing bank.

"This latest release underlines our leadership position in
this area. The industry is changing and Misys is helping banks, corporations
and fund managers remain competitive while responding to a more demanding
regulatory environment," says Gil Bray, Solutions Director, Misys
Confirmation Matching Service. "And there is minimal work required from the
bank, which can be up and running in less than two weeks - provided they can
generate a MT306 message."

Through this release, Misys is helping its customers respond
positively to the US Federal Reserve and the Bank of England's call for banks
to eliminate manual processes, wherever possible in their Exotic FX Options
matching and confirming processes. CMS now enables complete automated
matching of these instruments regardless of the parties involved.

Misys is committed to developing market leading solutions and
is an active member of the Post Trade Automation FX Options Group set up by
banks to address automation of the MT 305 and 306 messages for confirming and
matching Put, Call and Exotic FX Options.

Banks can run this solution across their existing SWIFT
messaging infrastructure, but Misys will soon be able to provide this
connectivity to SWIFT for corporations and regional banks. Already certified
as a SWIFT Service Bureau, Misys will be launching this service in October.
Customers will be able to choose between using their existing messaging
infrastructure to take advantage of CMS Exotic FX Options matching, or
connecting via the Misys SWIFT Service Bureau to confirm exotic options
through Misys CMS.

About Misys plc

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

In banking and treasury & capital markets, Misys is a market leader, with
over 1,200 customers, including all of the world's top 50 banks. In
healthcare, Misys plc owns a controlling stake in NASDAQ-listed
Allscripts-Misys Healthcare Solutions, Inc, a clear leader in the provision
of healthcare technology, serving more than 150,000 physicians, 700 hospitals
and nearly 7,000 post-acute and homecare organisations. Misys employs around
6,000 people 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.

Misys: experience, solutions, results

Contact us today, visit: www.misys.com

    For further information please contact

    Edward Taylor
    Global Head of Public Relations
    Misys Solutions for Banking and Treasury & Capital Markets
    +44(0)20-3320-5530
    edward.taylor@misys.com

    Sebastian Mathews
    FD
    +44(0)-20-7269-7158
    sebastian.mathews@fd.com

For further information please contact: Edward Taylor, Global Head of Public Relations, Misys Solutions for Banking and Treasury & Capital Markets, +44(0)20-3320-5530, edward.taylor at misys.com; Sebastian Mathews, FD, +44(0)-20-7269-7158, sebastian.mathews at fd.com

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