Misys, the global application software and services company, has expanded its range of online portal solutions across all areas of its portfolio. The first solutions to benefit from the portal technology will be in the areas of retail banking, lending and payments.
Misys can now provide corporate and personal online banking solutions on a common portal technology platform, delivering benefits to financial institutions looking to offer online tools for their customers via a single sign-on. Misys has also announced plans to extend the technology across all other Misys solutions, including Opics and Summit.
The Misys solution for retail online banking offers a secure internet portal through which personal banking customers can manage their accounts using a range of banking services and products, such as online statements, bill payments and fund transfers. It has been developed on the latest portal technology to provide an enhanced user experience and help to encourage more customers to self-service online.
Developed for back-office payment management systems, the new Misys online portal for payment origination is easily configured to handle all sizes and volumes of payments. It is integrated with reference data for online validation of BIC and IBAN, and works alongside the Misys payments and financial messaging solutions.
Misys Loan IQ, the commercial loan processing solution that covers the entire life cycle of a loan, from origination and deal tracking to accounting and settlement, now has an online portal for all parties involved in the loan, including syndicates, agencies and other participants. According to Misys, relationship managers and borrowers will benefit from an internet-based front end which will deliver improved management, visibility and control of their loan transactions.
Olivier Berthier, solutions director, transaction banking at Misys, notes: "Our clients will be able to bring products to market more quickly once they start implementing our portal solutions. They can either license individual portal solutions for a specific business line or they can give their customers visibility of multiple accounts and transactions across trade finance, cash management, commercial and consumer lending businesses. The single sign-on into the online portal will greatly increase the service they can provide their customers and vastly improve their adaptability to changing market."
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