Misys to Nearly Triple Presence in China Within a Year

BEIJING, June 30, 2011 /PRNewswire/ --

No.1 for Capital Markets in China Celebrates 30 Years in Asia in 2011

Misys plc (FTSE: MSY.L), the global leader in treasury and capital markets solutions, announced today the group's plan to extend its market leadership and its long-term commitment to China by growing its staff strength in China from 120 to 300 over the coming year.

"We are celebrating an incredible 30 years in Asia this year and during that time have built an enviable leadership position in China, with over 40 clients, including some of China's leading banks and asset managers," said Ed Ho, Executive Vice President and General Manager, Treasury & Capital Markets, Misys.

"As part of our continued commitment to provide our clients with innovative, localised  and tailored solutions, we are stepping up our investment in China so as to help our customers with their aggressive growth plans and leverage on market trends like the internationalisation of RMB and the roll-out of new products," continued Ed Ho.

Misys will be moving its current service centre in Beijing to a larger brand new office at the end of July to accommodate the planned expansion.  The state-of-the-art facility will allow our experts to design and develop solutions to address local market requirements and service our expanding client base in China and the APAC region.    

Misys clients will be able to learn more about the company's latest research and development and regional strategy at an APAC User Group conference in the autumn, a chance to showcase what has worked for Misys' current clients and for them to seek advice and share best practices.

Shen Shaozhen, General Manager, Bank of Communications Operations Centre, spoke about the difference Misys had made to their business: "As the fifth largest bank in China by market capitalisation and with a reputation of high standards and quality to maintain, client service is of utmost importance to us. We continually strive to improve our service in every way we can, to all our clients whatever their size. This means that we have to introduce the best technology on the market to improve systems, achieve optimal efficiency and keep costs and risks to a minimum."

Over the last year Misys has won numerous awards including Asia Risk Technology Company of the Year and the Asian Banker "Best Trading Platform Back Office" for its Summit FT implementation at Bank of Communication Shanghai.

About Misys plc

Misys plc (FTSE: MSY.L), 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 with over 1,300 customers, including all of the world's top 50 banks. Misys employs approximately 4,000 people and works with over 100 partners globally 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. Working with our extensive partner network, together we create compelling solutions enabling our customers to differentiate themselves and drive a competitive edge.

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
+44(0)20-3320-5530
[email protected]

SOURCE Misys plc