Standard Bank First to Benefit From Misys BankFusion Universal Banking


LONDON, June 16 /PRNewswire/ --

- Improved Customer Service as Financial Products Become Available Faster
With the Pure Java, SOA-Enabled Universal Banking Solution

Misys plc (FTSE: MSY.L), the global application software and services
company, today announces that Standard Bank of South Africa is the first bank
to implement Misys BankFusion Universal Banking, using it to run the broad
range of financial services it offers its corporate and consumer customers.

Misys BankFusion Universal Banking will be implemented in
Standard Bank's Zimbabwe operations, enabling the bank to improve operational
efficiency at the same time as providing a total view of all accounts and
interactions it has with its customers. Critically, the bank is able to
create new products without the need for complex, time consuming and costly
programming, thereby ensuring that the bank can bring new products to market
rapidly.

Misys BankFusion Universal Banking makes it possible for banks
to meet the demands for high volume processing while continuing to meet the
growing expectation of client and market requirements. It gives banks the
flexibility to add new products and processes, the choice of what hardware,
software and services is used and offers a significant reduction in overall
technology and operational costs.

Guy Warren, EVP and General Manager, Misys Banking, comments,
"This is a huge milestone for us as we welcome Standard Bank as the first
customer to implement our exceptional universal banking solution. We have
shown the solution to many of our other customers as well as independent
market commentators with tremendous feedback. For the first time business
managers can engage with their IT colleagues, focusing on the business,
rather than the technology. This pure Java SOA-enabled universal banking
solution is set to change the face of customer-centric banking."

Designed and built with the very latest technologies and
methodologies, Misys BankFusion Universal Banking is the first solution built
on the Misys BankFusion platform and enables banks to meet business
challenges today as well as providing them with a foundation for the future.

New products and services can be rapidly assembled and
deployed and existing products can be re-packaged easily with minimal need
for IT intervention or negative impact on the customer. Misys BankFusion
Universal Banking has been developed with a broad range of functional
components, such as general ledger, Current and Savings Accounts, Consumer
Lending, Payments, Limits, multi-currency capabilities and many others. Users
are therefore able to deliver products much faster and it improves product
lifecycle management.

Standard Bank Africa provides a wide range of products and
services in its three divisions: Personal & Business Banking, which services
individuals and small and medium-sized businesses in Africa; Corporate &
Investment Banking, which provides commercial and investment banking services
to larger corporates, financial institutions, international counterparties in
South Africa and other emerging markets; Investment Management & Life
Insurance, providing life assurance and wealth management products through
Liberty Life and Standlib.

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 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
    +44(0)208-486-1661
    edward.taylor@misys.com

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

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