SAP and Misys Partner to deliver integrated solutions for the Global Banking Industry   24th September 2007 SAP and Misys plc have agreed to deliver integrated solutions for the global banking industry. The agreement aims to provide banks with a broad set of solutions from one source, helping them reduce complexity, grow revenue, increase flexibility and lower costs. The motive behind the move is the desire to address the concerns of Banks that are looking for fewer, more strategic vendor relationships. The strength of SAP applications and its platform for banks combined with Misys' domain expertise in the banking software sector will, says the two suppliers, bring banks a rich technology platform and range of solutions. Under this agreement, SAP and Misys will work together on an integrated universal banking solution, based on Misys BankFusion that will run on the SAP NetWeaver platform. SAP and Misys will look at integrating SAP components, such as general ledger, into Misys BankFusion. It is intended that the universal banking solution will be jointly marketed by both companies. In addition, Misys Trade Portal and Misys TI Plus 2.0 will be endorsed by SAP to work with the existing SAP for Banking solution portfolio. The last element of the collaboration is the integration of SAP Customer Relationship Management (SAP CRM) into the Misys retail banking solution set to enhance capabilities for customer-oriented processes such as targeting, attraction and retention. The partnership between SAP and Misys is effective immediately although there is no material financial impact expected this calendar year.
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