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Misys launches new Swift solutions

Misys Banking Systems has announced the launch of a range of new solutions to help both corporates and banks align their back offices with SwiftNet, the cooperative messaging platform.

The Swift solutions are designed as complimentary packages to allow customers to implement and integrate the new range of SwiftNet products and services into their business without the need to replace their existing messaging infrastructure.

The solutions from Misys are combinations of messaging standards, service descriptions and services that offer users a range of business benefits, such as SwiftNet FileAct and SwiftNet Cash Reporting.

They can be integrated with multiple third party systems and do not require the support of any existing messaging solutions – they are therefore completely standalone.

Malcolm Porter, Head of Strategic Alliances at Misys Wholesale Banking Systems, says: "SwiftSolutions have presented our customers with a challenge – how to take advantage of these solutions without investing considerable amounts in messaging solutions and processing technology. Drawing on our close relationship with Swift and our expertise with our SwiftReady Gold Financial EAI 2005 products, we believe the new enablers will allow banks and corporates to increase automation, reduce both operational cost and risk whilst achieving global reach and maintaining a competitive edge."

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