LONDON, October 1 /PRNewswire/ --     KBC Bank, one of the leading financial groups in Europe, has selected 
Misys Trade Services to enable its TSU-based initiatives, which will enhance 
the services it provides to corporate customers.

Misys was the first vendor to win the SWIFTReady Trade Services Utility
(TSU) label having enhanced its award-winning Misys Trade Portal solution to
cater for banks making the most of the TSU. KBC Bank, which is one of the
twelve banks in the original SWIFT's Trade Services Advisory Group (TSAG),
selected the adapted Misys Trade Portal to help it to deliver more value to
its corporate customers through the broader range of services that the
solution brings.

The Misys TSU module is available either within the Internet-based trade
finance solution, Misys Trade Portal, or as a standalone solution. Herwig
Huysmans, General Manager, Trade Finance at KBC Bank, saw the opportunity
that the solution and the expert teams from Misys gave the bank: "In the
competitive environment of trade finance, we have to make the services that
we offer our corporate clients more effective and worthwhile for them. Many
of our customers are turning to us to provide them with the ability to manage
their end-to-end financial supply chain and we can now do this more
effectively with the SWIFTNet TSU and the assistance from Misys and its
solution."

Olivier Berthier, Head of Product Management, Misys Trade Services, adds,
"The move to open account changes the relationship between banks and their
trade finance customers. The SWIFTNet TSU has been built to help banks turn
this into an opportunity and provide competitive supply chain services to
their corporate customers. We were the first officially certified end-to-end
solution available for banks to interact efficiently with the TSU and we are
delighted that KBC Bank has shown it is leading the way in this market and
making the most of the opportunities the TSU brings."

The TSU is a collaborative, centralised data matching and workflow engine
for SWIFT's banking community. It has been devised in consultation with
SWIFT's Trade Services Advisory Group (TSAG). The group comprises some of the
world's leading trade services providers, including KBC Bank and another
Misys Trade Portal user, BNP Paribas. Other banks benefiting from Misys Trade
Portal, including Calyon and Societe Generale, are also among the group of
early adopter banks that have signed up for the TSU.

Through its close partnership with SWIFT, Misys' SWIFT-labelled solution
was the first to support the TSU from end to end. Misys Trade Portal supports
all TSU messages and processes that are currently in use and it can be easily
integrated with a bank's existing SWIFT messaging infrastructure. Customers
using Misys Trade Portal are able to fully automate purchase order handling
and open account transactions.

About Misys plc

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

In banking and treasury & capital markets, Misys is a market leader, with
over 1,200 customers, including all of the world's top 50 banks. In
healthcare, Misys is a market leader, serving more than 110,000 physicians in
18,000 practice locations, 1,200 hospitals and 600 home care providers. Misys
employs around 5,500 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 the most important industries in the world.

Misys: Experience, Solutions, Results

Contact us today, visit: http://www.misys.com

About KBC Group

KBC Group is one of the leading financial groups in Europe. A
multi-channel bancassurance group with a geographic focus on Europe, it
caters mainly for retail and private banking customers and small and
medium-sized enterprises. Besides focusing on providing retail and private
bancassurance services, it is also active in asset management, the provision
of corporate services and market activities. KBC occupies significant, even
leading positions in Belgium and Central and Eastern Europe and has an
extensive private banking network operating under the European Private
Bankers concept. It has also selectively established a presence in a number
of other countries and regions around the world.

KBC Group is listed on Euronext Brussels (ticker symbol 'KBC') and the
Luxembourg Stock Exchange. With a market capitalisation of around 35 billion
euros, KBC is one of the top Belgian companies and one of the leading
financial groups in Europe, employing 53,000 staff and catering for 11
million customers.

For more information, visit http://www.kbc.com

Contact details:
    Adam Barber
    Financial Dynamics
    T +44-(0)20-7269-7175
    Adam.Barber@fd.com