"Our aim is to help banks unleash the potential of trade finance." - David Hennah, Head of Trade and Supply Chain Finance, Misys
London, UK (PRWEB UK) 19 June 2014
Misys, the leading provider of software solutions to financial services institutions, has won two major trade finance awards to bring its haul to three in the past seven months. In addition to being named “best trade finance software provider” by Global Trade Review in December 2013, Misys has received both the Trade Finance Award for “Best trade finance technology company” and Trade & Forfaiting Review’s Gold Award for “Best technology vendor.”
The three accolades demonstrate Misys’ leadership position in both trade and supply chain finance and is a recognition of the company’s continued investment in the sector. In the last year fifteen banks have selected Misys for their front-to-back trade finance requirements. The awards recognise the company’s integrated solutions for trade services. These include the next-generation Misys Portal platform that delivers unified trade, supply chain finance, cash and FX services via online and mobile channels and the robust operational processing and advanced SLA management platform, Misys TI Plus.
Misys’ trade solutions have enjoyed significant traction with international tier one banks looking to expand their trade services into new regions. Recent success has been driven by further growth in Asia and Australasia, exemplified by National Australia Bank’s recent adoption of Misys TI Plus for its domestic and pan-Asian business. International take-up of Misys’ solutions reflects the changing flow of trade as it shifts to emerging markets. The company now counts the two largest Nigerian banks as customers, among a growing base of clients in Middle East and Africa who are looking to expand their trade operations.
“Winning the awards in such quick succession reflects our strength in trade finance and our continuous investment in the latest technology to support the changing dynamics of the industry,” said David Hennah, Head of Trade and Supply Chain Finance, Misys. “All the awards are voted for by the industry, which makes the wins all the more significant. Our aim is to help banks unleash the potential of trade finance and we are excited to be working with so many clients on the journey to differentiate themselves and deliver more competitive trade services along the supply chain.”
Misys provides the broadest portfolio of banking, treasury, trading and risk management solutions available on the market. More than 1,900 banks and financial institutions use Misys software to run their businesses, all benefiting from the continual investment in innovation and product quality. Misys solutions create value across banking and trading book operations, underpinned by the deep domain expertise and experience of Misys employees and partners who help ensure customers get maximum benefit from the solutions and operate more effectively.
With high quality products and support, Misys customers are able to grow and protect their long-term technology investments. Misys has the broadest range of solutions available to meet the most complex requirements. Visit http://www.misys.com to see how Misys and its extensive network of partners can add value to the financial services industry.