Accounting and Financial Software
Intercontinental Bank Goes Live with Misys TI Plus as Part of Its Strategy to Grow Its Trade Finance Business and Enhance Customer Service
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LONDON, December 6 -- Intercontinental Bank, the fifth largest African bank and the first Nigerian bank to be rated among the world's elite top 500 banks, is now running its trade finance operations with the award-winning trade finance solution, Misys TI Plus.
Following Nigeria's banking reform in 2005 Intercontinental Bank (IBL) has achieved such substantial growth that it ranks as the second fastest growing bank in the world in The Banker magazine's 2007 analysis. As a key part of this growth, IBL needed to increase automation and decentralisation to meet the demands of its growing trade finance operation.
The latest version of Misys TI Plus was a clear choice for its thin-client capability which enabled the implementation and rollout to be completed rapidly and easily across the bank's 207 branches. With the turnkey support of the dedicated Misys professional services team, the upgrade required limited resource and involvement from the bank's staff.
The bank enjoys strong market support and is renowned for excellent customer service. Misys was able to provide it with a solution that enabled it to maintain its leadership position in the market, while making use of the most advanced technology in the industry.
Chris Everitt, Misys Country Manager for Nigeria, adds, "We are delighted that IBL has gone live with TI Plus and is now using it to deliver results to its customers. We have successfully delivered value to banks around the world with our solutions and look forward to helping IBL continue to grow its business and expand both domestically and internationally."
About Misys plc
Misys plc (LSE: MSY), provides integrated, comprehensive solutions that deliver significant results to organisations in the financial services and healthcare industries. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success.
In banking and treasury & capital markets, Misys is a market leader, with over 1,200 customers, including all of the world's top 50 banks. In healthcare, Misys is a market leader, serving more than 100,000 physicians in 18,000 practice locations and 600 home care providers. Misys employs around 4,500 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 the most important industries in the world.
Misys: Experience, Solutions, Results
Contact us today, visit: www.misys.com
For further information please contact:
Edward Taylor
Global Head of Public Relations
Misys Banking Systems
+44(0)208-486-1661
edward.taylor@misys.com
Source: Misys plc
