Kazkommertsbank Takes the Lead in Mobile Banking With Misys Mobile

Oct 11, 2010, 02:28 ET from Misys plc

LONDON, October 11, 2010 /PRNewswire-FirstCall/ -- Misys plc (LSE: MSY), the global application software and services company, today announced that Kazkommertsbank, the largest bank in Kazakhstan and one of the largest private banks in the CIS, has selected Misys Mobile to create a highly effective next-generation mobile banking service for its retail and corporate customers.

Misys Mobile is the leading next-generation mobile banking solution, powered by technology used in eight of the top 12 North American banks. Kazkommertsbank will use Misys Mobile to deliver mobile banking services via a broad range of channels, including smart phone apps, SMS/messaging and mobile web browsers. Customers will be able to select any of these ways of interacting with Kazkommertsbank, depending on what suits them best. They can also set up a range of SMS or messaging alerts to help them manage their money and protect their accounts from fraud more effectively. What makes this solution different is that Kazkommertsbank customers can now engage in SMS or other ways of conversation with their bank, rather than being limited to receiving one-way alerts.

World-wide mobile banking usage is set to double over the next three years. According to Juniper Research, banks will be delivering mobile services to over 400 million customers by 2013, with already around 80 per cent of banks across the world offering some form of mobile banking. Banks that can offer their customers something that differentiates them from their competitors that will gain most from this growth.

"In choosing Misys Mobile, we have selected a solution that we believe will keep us at the cutting edge of customer service, bringing us even closer to our customers. We want our customers to have the best banking experience whether through the most sophisticated smart phone app or two-way SMS interaction," states Mr. Ermek Shamuratov, Kazkommertsbank Managing Director.

Theo Simons, Regional Director, Misys CIS, comments, "We are delighted to be working with Kazkommertsbank on this exciting project. Kazkommertsbank has always been at the forefront of mobile banking and so we are especially honoured that they have selected Misys Mobile to help them maintain their leadership position in this market."

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.

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    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
    edward.taylor@misys.com

    Sebastian Mathews
    Financial Dynamics
    +44(0)207-269-7158
    sebastian.mathews@fd.com

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