Misys Positioned as Leader in Magic Quadrant for International Retail Core Banking

LONDON, September 21, 2010 /PRNewswire-FirstCall/ -- Misys plc (LSE: MSY), the global application software and services company, today announces that it has been positioned by Gartner, Inc. in the "Leaders" quadrant of the Magic Quadrant for International Retail Core Banking* 2010.

The Gartner Magic Quadrant assesses the suitability of international retail core banking systems providers and their solutions to address the challenges faced by the banking industry. It evaluates each company against the criteria of "Completeness of Vision" and "Ability to Execute", assessing their relevance to the changing conditions of the market.

"We are delighted with our positioning in the "Leaders" quadrant by Gartner, which we believe confirms our goal of leading the market with our revolutionary BankFusion solutions," states Al-Noor Ramji, EVP and General Manager, Banking at Misys. "We have had tremendously positive feedback on our BankFusion strategy and solutions from everyone we have approached.

"As the financial services industry emerges from one of the most turbulent periods in recent history, banks face a multitude of regulatory and competitive challenges. BankFusion changes the rules for financial services organisations, allowing them to serve their customers faster, keep ahead of their competitors and improve the way they run their operations in ways that have until now have been impossible."

Misys BankFusion is ground breaking in the way it enables banks to respond to changes in customer and market demand more quickly and at lower cost. The BankFusion platform not only forms the basis for Misys' new, technologically advanced core banking solution, Misys BankFusion Universal Banking, it also enables financial organisations to leverage their existing applications.

By bridging the gap between Business and IT, it ensures a better understanding of requirements and quality of deliverables. New products and services can be rapidly assembled and deployed, and existing products can be repackaged and re-featured, all by trained business users, with minimal need for IT intervention or impact to the customer and the system.

* Gartner, Inc. Magic Quadrant for International Retail Core Banking, Don Free, 13 September 2010

About the Magic Quadrant

The Magic Quadrant is copyrighted September 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Misys plc

Misys plc (LSE: MSY), provides integrated, comprehensive solutions that deliver significant results to financial services organisations. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success.

Misys is a market leader banking and treasury & capital markets, with over 1,200 customers, including all of the world's top 50 banks. Misys employs around 3,500 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 financial services industry throughout the world.

    Misys: experience, solutions, results
    Contact us today, visit: http://www.misys.com

    For further information please contact:

    Edward Taylor
    Global Head of Public Relations
    Misys
    Solutions for Banking and Treasury & Capital Markets
    +44(0)20-3320-5530
    [email protected]

    Sebastian Mathews
    Financial Dynamics
    +44(0)207-269-7158
    [email protected]

SOURCE Misys plc

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