Raiffeisenbank in Russia Goes Live With Misys Midas Plus

LONDON -

- Bank Upgrades to Latest Version of Midas Plus to Cater for Over Five Million Accounts

Misys (LSE:MSY), the global application software and services company, today announced that Moscow-based ZAO Raiffeisenbank, a subsidiary of International Bank-Holding AG, which is part of Austrian RZB Group, has gone live with the latest core banking solution, Misys Midas Plus 1.4. As a long-standing customer of Misys and a consistent innovator, Raiffeisenbank was keen to gain the benefits from the latest available core banking technology as soon as it was available.

Raiffeisenbank is the Russian subsidiary of Raiffeisen International Bank-Holding AG, which is part of RZB Group, the central institution of Austria’s largest banking group. Raiffeisen has been operating in Russia since 1996. With its constantly expanding network in Central and Eastern Europe, Raiffeisen has developed into one of the region’s leading banking groups. It was awarded the title “Bank of the Year” in Central and Eastern Europe (CEE) by The Banker magazine in autumn 2008, Global Finance magazine in spring 2009 and Euromoney magazine at the beginning of this month. The banking group has been a Misys customer for over a decade and during that time has regularly worked with the dedicated team to make use of the most modern technology.

Raiffeisenbank has expanded continuously since it first opened its offices in Russia and Misys has always worked in partnership by underpinning the growth with market-leading solutions keeping pace with the increase in volumes and customer demands from the region’s retail banking sector. Raiffeisenbank is today the 9th largest bank in Russia in terms of assets and runs more than 230 branches across the country. Because of the scale of the operations in the region, Raiffeisenbank has witnessed particularly high lending and funds transfer volumes and has seen a significant increase in retail account activity.

Building on the recognised strengths of Midas, the latest version - Midas Plus 1.4 - supports a wide range of business areas and uses the latest tools and development environments to introduce significant new capabilities, making it more robust and improving its ability to scale as the bank grows its operations and increases volumes of transactions.

Mr. Schoefboeck, COO of Raiffeisenbank Russia comments: “The bank had a strong business need to migrate to Midas Plus as quickly as possible. We were looking for a new system platform to support our future growth. The bank and Misys formed a strong experienced team to ensure the rapid implementation of the latest version of Midas Plus. Thanks to the strong team and partnership between Raiffeisenbank and Misys, the migration went very smoothly and successfully.”

“Russia and CEE has seen rapid development over the past decade and Misys has been able to work alongside Raiffeisen to support the bank’s growth in that market,” adds Richard Watrasiewicz, Director Professional Services Europe, Misys. “Misys Midas Plus 1.4 is the latest core banking solution which will enable Raiffeisen International Bank to manage its growth smoothly, whilst continuing to innovate its services and maintain the high levels of customer satisfaction it attains.”

About Misys plc

Misys plc (LSE:MSY), 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.

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ZAO Raiffeisenbank is a subsidiary of Raiffeisen International Bank-Holding AG. Raiffeisenbank is ranking 9th in terms of assets among the Russian banks based on 1Q 2009 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 4th in Russia in terms of private deposits and 6th in consumer lending in Russia based on 1Q 2009 results.

Raiffeisen International operates one of the largest banking networks in CEE. 17 markets in Europe’s growth region are covered by subsidiary banks, leasing companies and a range of other financial service providers. The group’s more than 62,000 employees service over 14.9 million customers via more than 3,200 business outlets. Raiffeisen International is a fully consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB), which owns about 70 per cent of the common stock. The remainder is in free float and the shares are listed on the Vienna Stock Exchange. RZB is a leading corporate and investment bank in Austria and the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group.

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

Source: Misys plc

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.