Metropolitan Bank Expands into China With Support of Misys Opics Plus
the global application software and services company, today announces that
Metropolitan Bank & Trust Company (Metrobank) has licensed Misys Opics Plus
2.1 as it grows its presence in
Metrobank is a premier universal bank and among the foremost financial
institutions in
network overseas. Most recently, it strengthened its expansion efforts in
Metrobank has been present in
representative offices in
Metropolitan Bank (
to establish its headquarters in the city. The new bank serves as the base
for Metrobank’s operations in
The bank requires a comprehensive system to provide full treasury
functions to support the local business requirements for the Chinese market.
The new treasury system will enable the bank to process high volumes of
treasury instruments and provide clients with sophisticated products. The
back office will utilise the system’s event-based workflow manager to confirm
deal and payment information with counterparties and send automatically
generated confirmations. The integrated front-to-back system will provide for
easier reconciliation and regulatory reporting.
excellent service to our customers in
trusted provider. Misys has long been our trusted partner in our operations
in
our needs. It has been providing the best solutions for the bank over the
past 12 years. One of its solutions, Opics Plus, has brought excellent
visibility, operational efficiency and risk management across our treasury
operations in
Chinese operations.”
delighted to be able to work alongside such a long-standing customer as
Metrobank and help the business to expand its operations into
are seeing great traction for our products and services. With our strong
track record in treasury solutions, Misys has continually been able to
demonstrate that it is the leading provider to help modernise the treasury
operations of the bank. This is an exciting agreement for Misys and we look
forward to helping Metrobank take advantage of our leading technology in its
Chinese operations.”
Misys Solutions for Treasury & Capital Markets has more than 20 years of
experience and unrivalled software development expertise. It creates
integrated, comprehensive solutions for financial institutions to manage
their capital market activities across multiple asset classes.
Metrobank offers a full range of banking and other financial products and
services to its customers in
thrift banking, credit cards, remittances, banc assurance, leasing and
financing, trust banking, non-life insurance, and manufacturing. Metrobank
currently spans a consolidated network of over 740 domestic network and 42
foreign branches, subsidiaries and representative offices and is expanding
this further with the growth in its business in
About Misys plc
Misys plc (LSE: MSY), 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 banking and treasury & capital markets, with
over 1,200 customers, including all of the world’s top 50 banks. Misys
employs around 3,000 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 financial services industry throughout the
world.
Misys: experience, solutions, results
Contact us today, visit: http://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
SOURCE Misys plc
