Union Bank Selects Latest Innovative Solution From Misys for Greater Efficiency and Transparency in Foreign Exchange and Money Markets


LONDON, June 23 /PRNewswire/ --

- Union Bank Goes Live on Misys Opics Plus v3.0 in Just Four Months

Misys (LSE: MSY), the global application software and services
company, today announced that Union Bank, N.A., a California-based commercial
bank, has gone live with Misys Opics Plus v3.0, the latest release of Misys'
powerful Treasury and Capital Markets operations solution. The new solution
will support Union Bank's Foreign Exchange and Money Markets treasury
operations, delivering improved efficiency and greater transparency on a
newly re-engineered .NET service-oriented architecture.

Union Bank originally selected the Misys Opics solution in 1997. Having
continually worked closely with Misys to expand their usage of the system and
implement the latest and most innovative treasury developments, Union Bank
has always been at the forefront of using the latest treasury technology from
the award-winning solutions provider. Misys Opics Plus v3.0 is designed to
support financial institutions with technology powerful enough to handle the
evolving requirements of the global marketplace.

Union Bank first opened its doors more than 145 years ago and has been
dedicated to offering its customers comprehensive financial solutions ever
since. Currently the 16th largest commercial bank holding company in the US,
it has always strived to deliver the best customer service for the most
up-to-date range of products and relies on Misys to support it in delivering
on these goals with respect to its Foreign Exchange business.

Bradley Shairson, SVP and Head of FX and Derivatives at Union Bank
comments: "We have been working with Misys for over a decade now and have
been impressed by not only the enhancements that result from the new Opics
Plus solution, but with the Misys team that provided strong, dedicated
support during the upgrade process. We are very pleased that we made the
decision to upgrade to Opics Plus v3.0. We are confident that this newest
version will help us to deliver even more efficient services to customers."

Misys Opics Plus is a comprehensive, highly scalable treasury and capital
markets solution for front-to-back office, cross-asset processing of a wide
range of financial instruments. Misys Opics Plus combines unparalleled
integration across financial instruments and consolidation of processes
across the different departments of a financial institution. As a result, it
is the ideal solution for financial institutions looking to reduce costs
through adopting a centralised approach to systems and operations.

The platform handles vanilla and complex derivatives, fixed income,
equity and treasury trades and is useful for a wide range of functions
including money markets and foreign currency business.

"Opics Plus v3.0 is the culmination of more than three years of
investment by Misys to convert a legacy client server application to a pure
.NET Service Oriented Architecture," comments Ed Ho, EVP and General Manager,
Misys Treasury & Capital Markets. "The Opics Plus team has worked very
closely with Microsoft during this period. It has won Microsoft's Windows in
Financial Services Innovation Award and the results of the volume-based
benchmarking tests on the solution are outstanding."

Misys Solutions for Treasury & Capital Markets has 19 years of
experience and unrivalled software development expertise. It creates
integrated, comprehensive solutions for financial institutions to manage
their capital market activities across multiple asset classes.

About UnionBanCal Corporation

Headquartered in San Francisco, UnionBanCal Corporation is a financial
holding company with assets of $68.7 billion at March 31, 2009. UnionBanCal
Corporation is the 16th largest commercial bank holding company in the U.S.
based on assets at March 31, 2009. Its primary subsidiary, Union Bank, N.A.,
is a full-service commercial bank providing an array of financial services to
individuals, small businesses, middle-market companies, and major
corporations. Union Bank is California's fifth-largest bank by deposits. The
bank has 335 banking offices in California, Oregon, and Washington and two
international offices. UnionBanCal Corporation is a wholly owned subsidiary
of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of
Mitsubishi UFJ Financial Group, Inc. (NYSE: MTU). Visit
http://www.unionbank.com for more information.

About Misys plc

Misys plc (LSE: MSY), 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 plc owns a controlling stake in NASDAQ-listed
Allscripts-Misys Healthcare Solutions, Inc, a clear leader in the provision
of healthcare technology, serving more than 150,000 physicians, 700 hospitals
and nearly 7,000 post-acute and homecare organisations. Misys employs around
6,000 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 and Treasury & Capital Markets
    +44(0)20-3320-5530
    edward.taylor@misys.com

    Sebastian Mathews
    FD
    +44(0)20-7269-7158
    sebastian.mathews@fd.com



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