Navigation Links
CRDB Bases Growth Strategy on Misys BankFusion Platform
Date:8/18/2008

LONDON, August 18 /PRNewswire-FirstCall/ --

- Misys BankFusion Universal Banking at the Heart of Tanzanian Bank's Expansion Plans

Misys plc (FTSE: MSY.L), the global application software and services company, today announces that CRDB Bank of Tanzania will implement Misys BankFusion Universal Banking.

Government owned until 1996, CRDB Bank is entering a period of renewed expansion with plans to open 10 new branches a year, launch a fully automated and integrated banking service and add many new innovative products to its existing product portfolio. A Misys customer of 12 years, CRDB wanted to take advantage of the latest banking technologies to provide a platform for growth.

Misys BankFusion Universal Banking makes it possible for banks to meet the demands for high volume processing while continuing to meet the growing expectation of client and market requirements. It gives banks the flexibility to add new products and processes, a choice of hardware, software and services and offers a significant reduction in overall technology and operational costs.

CRDB is implementing Misys Trade Innovation, Misys Opics and Almonde alongside Misys BankFusion as part of a three-phase programme. Misys Trade Innovation will enable CRDB to expand its trade finance operations while Misys Opics will fully automate the treasury department in the bank. Misys Almonde will provide CRDB with an award-winning compliance and performance monitoring platform covering the key areas of risk management. The solution is fully integrated into international banking networks such as Swift, Reuters and Bloomberg.

Dr Charles Kimei, Managing Director of CRDB Bank comments: "We needed a truly universal solution from the branch to the back office, including the finance, treasury, trade finance and risk management functions to help our future growth plans. We needed the system to be fully integrated and capable of delivering real-time business intelligence. We are confident that Misys is the partner to give us the capability to meet our growth plans and equip us to deal with the unexpected."

Guy Warren, EVP and General Manager, Misys Banking, comments, "Core banking systems need to deliver a combination of power and flexibility to enable our customers not only to accommodate growing business volumes but to expand their product lines to meet changing market requirements, while minimising cost and the disruption of new systems development. CRDB Bank has been a customer of Misys for 12 years and we look forward to helping it with its expansion plans into the future."

Misys BankFusion Universal Banking includes a broad range of functional modules, such as general ledger, current and savings accounts, consumer lending and payments that allow banks to add new products with minimal development and time to market.

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 is a market leader, serving more than 110,000 physicians in 18,000 practice locations and 600 home care providers. Misys employs around 4,500 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: http://www.misys.com

For further information please contact

Edward Taylor

Global Head of Public Relations

Misys Banking

+44(0)203-320-5530

edward.taylor@misys.com

Sebastian Mathews

FD

+44(0)207-269-7158

sebastian.mathews@fd.com


'/>"/>
SOURCE Misys plc
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. A research on craving for tobacco establishes the bases for addiction control
2. GPs databases could identify tens of thousands with undiagnosed diabetes in UK
3. Elan Pharmaceuticals, Inc. Licenses Software and Databases From GeneGo
4. NIH/NCI renews and extends nationwide license for Genomatix software and databases
5. Smart Balance to Webcast Presentation at Canaccord Adams Global Growth Conference
6. Hill-Rom Reports Third Quarter Revenue Growth of 11.7 Percent to $366.8 Million and Earnings Per Fully Diluted Share From Continuing Operations of $0.34, an Increase of 89 Percent From the Prior Year
7. New Research From Best Practices: Pharmaceutical New Product Planning - Structure and Activities to Drive Growth and Profitability
8. iCAD to Present at Canaccord Adams 28th Annual Global Growth Conference
9. ATS Medical to Participate at the 28th Annual Canaccord Adams Global Growth Conference
10. P&G Reports Fourth Quarter EPS of $0.92 and Operating Profit Growth of 13%, Behind Balanced 5% Organic Sales and Volume Growth
11. Vitamin C injections slow tumor growth in mice
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/26/2017)... Texas (PRWEB) , ... May 26, 2017 , ... Amir ... Stimulation System, a powerfully versatile, patient-centric spinal cord stimulation system. The Nuvectra™ Algovita SCS ... , “We are pleased to be the first in Arkansas to introduce the most ...
(Date:5/26/2017)... MN (PRWEB) , ... May 26, 2017 , ... A ... U.S. states with the healthiest seniors are located in the Midwest. With the average ... more and more people are concerned with both the quality and affordability of where ...
(Date:5/26/2017)... ... May 26, 2017 , ... ... copper, antimicrobial, mesh back 24/7 task chair specifically designed for clinical areas. Genie ... are thrilled to partner with Cupron® to provide customers with a game changing ...
(Date:5/26/2017)... ... May 26, 2017 , ... After raising nearly $30,000 on ... continue to be available at a discounted crowdfunding price on Indiegogo . , ... are, I also wanted to bring a fidget toy to the market that was ...
(Date:5/26/2017)... ... May 26, 2017 , ... Silver Birch of Hammond, a new ... on more than four acres of land at 5620 Sohl Avenue in Hammond, serves ... square-foot building includes 125 studio and one-bedroom apartments. Each of the private apartments at ...
Breaking Medicine News(10 mins):
(Date:5/10/2017)... 2017  The Corporate Whistleblower Center says, "We ... therapy clinics to call us anytime at 866-714-6466 if ... involved in a substantial scheme to overbill Medicare. ... an employee of a medical equipment company if ... provide medical practice groups with extra generous incentives to ...
(Date:5/9/2017)... , May 9, 2017  Demonstrating its commitment ... of directors for the Pharmaceutical Research and Manufacturers ... membership. Biopharmaceutical companies will now have to meet ... to be eligible to join PhRMA. ... board is sending a clear message that being ...
(Date:5/8/2017)... Mich. , May 8, 2017  Diplomat Pharmacy, ... WRB Communications, Inc. ("WRB"), a health care service ... . WRB specializes in relationship management programs ... WRB will join ... Diplomat,s commercialization support services for manufacturers, biotech firms, and ...
Breaking Medicine Technology: