BTPN Deploys Misys Equation Islamic Banking and Finance Solution Across All Operations in Indonesia to Support the Launch of Specialist Services


LONDON, February 25 /PRNewswire/ --     Misys plc (LSE: MSY), the global application software and
services company, today announces that Indonesia's PT Bank Tabungan Pensiunan
Nasional (BTPN) has selected Misys' Islamic Banking solution to broaden and
enhance services to its customers.

Established on 1958, BTPN currently operates 395 branches
spread over 17 provinces in Indonesia and has seen a rapid rise in demand for
Islamic Banking facilities and services from its consumers throughout its
branch network. To cater for this need, BTPN needed to launch a series of
Islamic Banking products.

Banks such as BTPN play a vital role in their regions by
offering wide-reaching banking services to thousands of customers in
non-metropolitan areas. By extending their portfolio to include Islamic
Banking capabilities, the bank is responding to one of the fastest growing
banking markets throughout the country.

After an extensive evaluation of possible solutions, including
Temenos, Sigma and Multipolar, the multi-award winning Misys solution was
selected, not least due to the wealth of experience the company has built up
in providing Islamic Banking solutions to its customers over the last twenty
years.

Michael Hutabarat, Director of BTPN, commented, "We pride
ourselves in being able to give our customers exceptional service through the
banking products they need. We have seen the successful implementations of
Misys' Islamic Banking and Finance solution in many other banks and, because
of this track record, we are confident that we will more than satisfy our
customers' Islamic Banking requirements when we launch the services this
year. Misys has the domain expertise to enable us to enhance our offering to
cater for new Shariah law requirements as they arise."

Dermot Briody, Banking Head of Sales in Asia, Misys, added,
"Indonesia is a growing market for us, especially for our Islamic Banking
solutions. We have built a great reputation for our deep industry knowledge
and robust and proven solutions that bring measurable results to our
customers. We are delighted that BTPN has selected us because of our
experience and our proven track record in delivering results to our
customers. We look forward to adding value to their soon to be launched
Islamic Banking services as well as their other non-Islamic retail banking
operations."

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 100,000 physicians in
18,000 practice locations and 600 home care providers. Misys employs around
4,500 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

For further information please contact:

    Edward Taylor
    Global Head of Public Relations
    Misys Banking Systems
    +44(0)208-486-1661
    edward.taylor@misys.com

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



© PR Newswire Association LLC.

Latest user comments

News archive

Subscribe to AfterDawn's weekly newsletter.