Mizuho Corporate Bank Selects Misys Midas Plus With Global Processing to Support its International Growth Strategy


LONDON, September 24 /PRNewswire/ --     Misys (FTSE: MSY.L), the global application software and services
company, announces that Mizuho Corporate Bank, headquartered in Tokyo, has
selected Misys Midas Plus with Global Processing to support its ambitious
international growth strategy. The implementation of the first site in Europe
has been completed with all other operations to move onto the central hub
individually. The integrated core banking solution will help Mizuho to
deliver improved efficiencies and more informed decision-making within its
commercial and investment banking operations and ensure a consistent level of
customer service across the bank's global network.

Building on its strong client base, Mizuho's business strategy has two
elements. First, the bank is combining its commercial banking and investment
banking capabilities to offer its corporate customers a complete portfolio of
services, including syndicated loans, M&A deals, leveraged finance, project
finance, cash management and securities. Secondly, the bank is applying this
business model on a global scale by extending the geographic coverage of its
international network. Mizuho opened six international branches in 2006 and a
further three branches in 2007.

Midas Plus with Global Processing will be used to centralise IT systems
servicing branches throughout Europe. This will enable the bank to
standardise business processes across its network, yet deliver the
flexibility required to meet local regulatory environments and regional
variations in business practice. Having a single system to support multiple
branches will allow a single update to reflect changes into all the offices
using Midas Plus with Global Processing.

By consolidating the IT infrastructure, the bank will streamline
operations, deliver a consistent level of service to customers and improve
the speed at which it can roll out additional branches. Midas Plus will
reduce complexity and simplifying the bank's IT infrastructure, resulting in
cost reduction, better access to information from across the business and a
faster response to changes in the industry. Ultimately, it will substantially
enhance how the bank delivers services to its corporate customers around the
world.

Importantly, Mizuho executives will have an enterprise-wide view of the
bank's management information and a much clearer picture of risk across the
organisation. The ability to make more informed decisions based on a global
perspective was a key requirement from the bank.

Graeme Beardsell, Head of Sales for Misys in Asia, adds, "We have built
an excellent track record of providing a solution that enables banks to run
their international operations with maximum efficiency and control. Our
Global Processing facility within Misys Midas Plus will enable Mizuho to
reduce the cost of operations considerably and provide the flexibility to
explore new markets with minimal additional investment. We look forward to
working with Mizuho in the future as we roll out the project."

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 Solutions for Banking,
    +44(0)20-3320-5530,
    edward.taylor@misys.com ;

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



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