Misys
Acquired byVista Equity Partners
Financial software provider that developed banking and treasury solutions until its acquisition by Vista Equity Partners.
London, GB
Founded
1979Financial software provider that developed banking and treasury solutions until its acquisition by Vista Equity Partners.
The Guardian reported that Misys had around 2,000 customers in 125 countries during its 2016 flotation effort. The article said the customer list included 48 of the world’s 50 largest banks by asset size, describing the company’s reported reach at that time.
In separate 2016 coverage, Misys’s chief executive described its systems as mission-critical for customers managing changing requirements. These figures and descriptions are historical reporting and should not be read as current measures for Finastra or Misys.
Source: theguardian.com
Finextra reported that Misys faced slower sales in Western Europe and planned operating-cost reductions of £6–8 million. The article gave period results for the six months ending 30 November 2011, separating reported growth that included Sophis from pro-forma, constant-currency comparisons.
It reported adjusted operating profit growth including Sophis but a decline on a pro-forma, constant-currency basis, alongside a net loss after tax and exceptional items. These are period-specific financial observations, not statements about the present successor company.
Source: finextra.com
The Peninsula reported that Misys planned to offer Global Processing in the Middle East as part of its TI Plus trade-finance processing solution. The article said the functionality had been licensed by five regional banks, including ING, National Bank of Abu Dhabi and Qatar National Bank.
The report described a platform that centralised separate local systems while retaining regional customer service and central management of trade operations. These details refer to the historical offering described in 2013, not a current Misys product line.
Source: thepeninsulaqatar.com