LONDON, June 2 /PRNewswire-FirstCall/ --
- Misys Trade Services, Including Front- and Back-Office Solutions, Wins Gold Status
Misys plc (FTSE: MSY.L), the global application software and services company, today announces that it has been awarded the double accolade of winning two SWIFTReady Gold labels for its front-office and back-office trade finance solutions.
Having been the first trade services solutions provider to win the SWIFTReady Trade Services Utility (TSU) label when the category was started in 2007, Misys has again been awarded the 2008 Gold status for its TSU capabilities, available either within Misys Trade Portal or as a standalone solution. Additionally, Misys Trade Innovation has achieved Gold in the SWIFTReady Trade Finance category, underlining its adherence to the SWIFT Standards, its openness, breadth and depth of functionality and flexibility to meet market demands.
Olivier Berthier, Head of Product Management, Misys Trade Services, comments, "We are delighted that we have gained such important stamps of approval from SWIFT for our fully integrated financial supply chain solutions. We have continually adapted our solutions to keep ahead of our customers' and the market's demands and are now able to provide solutions seamlessly linking the front office to the back-office trade finance processing."
Misys Trade Services provides more than 190 customers with solutions
for all their trade finance needs, making it the world's best-selling trade
finance system provider. Customers of Misys benefit from an integrated
portfolio of trade finance, guarantee and factoring solutions which
anticipate constantly changing market requirements. Banks are able to
improve trade finance volumes by enhancing customer service and broaden
revenue opportunities. The offering enables them to process financial
supply chain business both efficiently and cost-effectively, thereby
providing the edge banks need to stay ahead of the c
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