Misys Wins Asian Banker Best Back Office Trading System for Bank of Communications Implementation

By Misys Plc, PRNE
Monday, May 30, 2011

SINGAPORE and HONG KONG, May 31, 2011 -

Misys, (LSE: MSY), the global application software and
services company, is pleased to announce that it has won the Best Trading
System in China (Back Office) in Asian Banker's 2011 awards.

The award was won for the successful implementation of Misys
Summit FT at Bank of Communications in Shanghai, to support the front-to-back
operations of the bank's derivatives business. According to Asian Banker, the
project attracted acclaim because of combination of the speed of the
implementation, the benefit to the entire derivatives business at the bank
and the skilled team of professional services that supported the bank
throughout the project.

The objective was to provide Bank of Communications with a
real-time straight-through-processing solution for its derivative products
that would manage the complete process from trade capture, hedging, portfolio
analysis, to back-office processing and accounting. The target was to
implement, test and be running fully within six months. The project began at
the start of June 2010 with dedicated teams from both Misys and the Bank,
thorough testing was carried out from August to October and the system went
live at the start of December.

Shen, Shaozhen, General Manager, Bank of Communications
Operations Centre said, "As the fifth largest bank in China by market
capitalisation and with a reputation of high standards and quality to
maintain, client service is of utmost importance to us. We continually strive
to improve our service in every way we can, to all our clients whatever their
size. This means that we have to introduce the best technology on the market
to improve systems, achieve optimal efficiency and keep costs and risks to a

"With increasing trading volumes and new financial
instruments, we needed a system which could support our operations seamlessly
from the front office to the back. Misys Summit FT is the very best of fully
integrated solutions on the market and the Misys team worked with us
tirelessly to achieve a smooth and timely transition."

Lee Boon Huat, Asia Pacific Managing Director, Misys, added,
"We are delighted with this award and feel strongly that Bank of
Communications shares the accolade. It was a team effort from start to
finish, implementing a system for the most complex products in capital
markets and the collaboration of resources was essential to the project. Bank
of Communications is a most forward-thinking bank and that is evident in the
way it runs its business."

Asian Banker's prestigious technology implementation award has
been an annual event for five years and covers a wide range of categories
rewarding technology solutions for banks across the region.

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.

Misys: experience, solutions, results

Contact us today, visit: www.misys.com

    For further information please contact
    Edward Taylor
    Global Head of Public Relations


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