Misys Extends SWIFTNet Access to its Corporate Trade Services Solution

Misys Extends SWIFTNet Access to its Corporate Trade Services Solution

LONDON, October 1, 2010/PRNewswire-FirstCall/ --     Misys plc (LSE: MSY), the global application software and
services company, today announces it has broadened the functionality of its
award-winning front-end trade finance solution, Misys Trade Portal (MTP) for
Multi-Bank. The enhancement significantly enriches the solution for
corporates of any size by enabling SWIFTNet access through the Misys SWIFTNet
Service Bureau.

    MTP for Multi-Bank caters for corporates that have
relationships with more than one trade finance bank. Corporates no longer
need to manage their trade finance business, such as Letters of Credit,
Documentary Collections, Bonds and Guarantees or Open Account transactions,
with each bank separately. With MTP for Multi-Bank corporate organisations
can access a consolidated view of all their trade finance transactions
online, minimising potential reconciliation, reporting and auditing issues.
The single sign-on service offers a secure way to improve operational
efficiency and reduce risk.

    Organisations using MTP for Multi-Bank can now benefit from
low-cost and low-maintenance access to the SWIFT network through the Misys
SWIFTNet Service Bureau. This allows them to take advantage of the new
corporate-to-bank MT798 trade envelope messages, resulting in better
straight-through processing rates.

    "The up-front investment required for corporates to join the
SWIFT network has often prevented all but the largest corporates from
benefiting from direct access, particularly when expecting a full integration
with their business processes," states Olivier Berthier, Solutions Director,
Transaction Banking, Misys. "Our trade services proposition for corporates
removes that barrier by offering integrated SWIFTNet access as a service
embedded into the user-friendly MTP for Multi-Bank business service. Our
solution makes this deep level of business integration for trade finance
transactions much more affordable for many more bank customers."

    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 3,500 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 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
    Financial Dynamics
    +44(0)207-269-7158
    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@misys.com; Sebastian Mathews, Financial Dynamics, +44(0)207-269-7158, sebastian.mathews@fd.com