UBI Banca Niederlassung Munich Goes Live With Misys Midas Plus
By Misys Plc, PRNEWednesday, January 20, 2010
LONDON, January 21 - Misys plc (LSE: MSY), the global application software and
services company, today announces that UBI Banca Niederlassung Munich, part
of UBI Banca, has gone live with Misys Midas Plus, the most widely used core
banking solution in the world. Midas Plus provides the bank with support for
the whole of its banking systems, enhancing both performance and efficiency.
UBI Banca Niederlassung Munich, is part of the UBI Banca
Group, the fifth largest Italian banking group. It previously used Oracle
Flexcube and the senior management team wanted to take advantage of the
superior capabilities of Misys Midas Plus. As a provider of e-Banking, FX &
MM services, the bank chose Midas Plus as the ideal solution to improve the
quality and breadth of the service offering, whilst provide a platform for
expansion.
"We recognised that the solution from Misys was the best
platform for our growth plans," states Massimo Amato, Managing Director UBI
Banca International. "We are looking to improve the quality of services we
offer across the group and Misys Midas Plus will enable us to provide greater
functionality as well as the technical resilience that deliver the confidence
in the solution. As we see the benefits delivered to us and our customers, we
will look to expand its use into other markets across Europe."
Misys Midas Plus supports a wide range of business areas,
including Treasury, Commercial Lending, Capital Markets, Cash Management and
Wealth Management. It offers a single, integrated platform on which UBI Banca
can grow its operations and increase transaction volumes. This substantially
enhances how the bank delivers services to its customers.
"This is a significant win and an immensely successful
implementation for us, providing the growth platform in place of a
competitor's product," comments Richard Watrasiewicz, Senior Director
Professional Services, Misys. "The breadth of functionality was a big factor
in selecting Misys and we have successfully gone live with the solution at
the bank with fully integrated German market features. UBI Banca's customers
are already seeing improvements in the range of services, particularly in the
area of online delivery. We look forward to working with the company further
as it looks to grow its use across Europe."
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.
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 Solutions for 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, Solutions for 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
Tags: London, Misys plc, United Kingdom