Misys to give corporate treasurers pay-as-you-use system
10th October 2005 Misys the banking specialist have launched Misys Treasury Plus, designed for corporate treasurers be able to streamline and automate front, middle and back office treasury management without the costs and complexity of the traditional installed solutions. Misys which provides treasury management services to over 4,000 users across the world's leading companies, has seen an increase in demand for accessing treasury management tools as a service rather than installed software.
This new product provides all the benefits of full-scale treasury applications without the risks and costs associated with owning and managing them, as this is done by Misys as a trusted third party from their audited and certified data centre facilities. The simplicity of delivery and pricing, says Misys, makes it attractive and accessible to corporate treasurers who need access to treasury management support tools without being locked into any individual bank or the burden of in-house software. Whether it's accessing liquidity from one of over 70 providers, the STP and risk-reduction benefits of cross asset-class automated confirmation matching, multi-bank cash balance reporting, or the complexities of managing a hedging portfolio, doing so through a single, secure portal from anywhere in the world with internet access brings a new era of control and flexibility to corporate treasury.
