As the gradient of financial regulation steepens with time in order to keep up with the changing economic environment, there is an unsung hero of fin-tech: Misys.
With a customer base of over 600 banks, Misys digitally facilitates the simplification of complex issues faced by today’s financial services industry. The company prides itself on its cloud-enabled solutions; optimising liquidity, reducing risk, and managing operational processing.
The Misys bank treasury solution – Misys FusionCapital Treasury – is exceptionally promising, and leads the way in fin-tech; traditionally, financial systems have been more or less static – while markets may rise and fall, the regulatory principles have rarely budged. Amongst globalised capitalism, however, financial regulations are not only forced upon each other, but drive each other’s development, bringing endless challenges to the global financial system – and an increased need for system flexibility and cost reduction.
An astounding 86% of bank treasurers believe that their role has been significantly increased over the past five years. This is mostly due to out-dated systems which are unable to keep up with the globalised landscape. The Misys solution allows consistent regulatory compliance – reducing financial risk – and facilitating pre-deal checks and an all-round understanding of current and future funding requirements.
There are few companies which display both an expertise in the understanding of the improvements needed within the financial industry and their technical application. The CFI.co judging panel declares Misys winner of the 2016 Best Financial Institutions Treasury Management Solutions Global Award.