CRDB Bases Growth Strategy on Misys BankFusion Platform


LONDON, August 18 /PRNewswire/ --

- Misys BankFusion Universal Banking at the Heart of Tanzanian Bank's 
Expansion Plans

Misys plc (FTSE: MSY.L), the global application software and
services company, today announces that CRDB Bank of Tanzania will implement
Misys BankFusion Universal Banking.

Government owned until 1996, CRDB Bank is entering a period of
renewed expansion with plans to open 10 new branches a year, launch a fully
automated and integrated banking service and add many new innovative products
to its existing product portfolio. A Misys customer of 12 years, CRDB wanted
to take advantage of the latest banking technologies to provide a platform
for growth.

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, a choice of hardware, software
and services and offers a significant reduction in overall technology and
operational costs.

CRDB is implementing Misys Trade Innovation, Misys Opics and
Almonde alongside Misys BankFusion as part of a three-phase programme. Misys
Trade Innovation will enable CRDB to expand its trade finance operations
while Misys Opics will fully automate the treasury department in the bank.
Misys Almonde will provide CRDB with an award-winning compliance and
performance monitoring platform covering the key areas of risk management.
The solution is fully integrated into international banking networks such as
Swift, Reuters and Bloomberg.

Dr Charles Kimei, Managing Director of CRDB Bank comments: "We needed a
truly universal solution from the branch to the back office, including the
finance, treasury, trade finance and risk management functions to help our
future growth plans. We needed the system to be fully integrated and capable
of delivering real-time business intelligence. We are confident that Misys is
the partner to give us the capability to meet our growth plans and equip us
to deal with the unexpected."

Guy Warren, EVP and General Manager, Misys Banking, comments,
"Core banking systems need to deliver a combination of power and flexibility
to enable our customers not only to accommodate growing business volumes but
to expand their product lines to meet changing market requirements, while
minimising cost and the disruption of new systems development. CRDB Bank has
been a customer of Misys for 12 years and we look forward to helping it with
its expansion plans into the future."

Misys BankFusion Universal Banking includes a broad range of
functional modules, such as general ledger, current and savings accounts,
consumer lending and payments that allow banks to add new products with
minimal development and time to market.

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)203-320-5530
    edward.taylor@misys.com

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

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