Misys Banking Systems Helps Bank NISP Stay at Forefront of Market Growth in Treasury & Trade Finance

Misys Banking Systems Helps Bank NISP Stay at Forefront of Market Growth in Treasury & Trade Finance

March 22, 2006

    LONDON, March 22 /Xinhua-PRNewswire/  -- Misys Banking
Systems is pleased to announce that Bank NISP, one of the
largest Indonesian banks with assets of Rp. 20 trillion
(S$3.4billion) as of 31st December 2005 (audited), has
announced that it will be implementing Misys Banking
Systems software to drive significant growth across its
treasury and trade finance functions.  

    Indonesia is poised to be a strong regional economic
leader after a period of sustained growth.  The Indonesian
Government committed in 2004 to invest $150 billion in
infrastructure projects over a ten-year period to achieve
significant economic growth.  The first tranche of that
investment, over $50bn, has already been placed. Foreign
direct investment has also grown by 70 per cent in the
first half of 2005. 

    Bank NISP, among the first in Indonesia to address the
international market, is looking to capitalize on the
nation's strengthening economy and to maintain its rapid
growth, which has seen assets grow at an average rate of 40
percent in the last ten years.  It will integrate its
treasury and trade finance operations using two solutions
from Misys Banking Systems, Misys Trade Innovation and
Misys Opics.  The installation of Misys Opics will be one
of the first in Asia to use state-of-the art modules
re-architected in .NET and will be deployed as a central
hub solution supporting three operations within Indonesia.

    Misys Opics will equip the bank with a comprehensive
front-to-back office, cross asset treasury solution to
ensure real-time processing across a wide range of
financial instruments including derivatives, foreign
exchange and money markets. Misys Trade Innovation will
provide the necessary operational and workflow management
for the bank's trade finance operations, helping it drive
efficiency and growth in its international banking
activity.

    Mr. Ferdinan Dion, Head of Corporate Affairs at Bank
NISP, sees these solutions from Misys Banking Systems as a
key pillar in the bank's strategy for maintaining growth
and developing new markets. "The market for trade
finance and treasury expertise is growing massively and we
want to be able to capitalize on the international business
that is coming into Indonesia to support these projects.
Misys Opics and Misys Trade Innovation will enable us to
achieve much higher transaction volumes, more of the
processing will be automated, we'll have 95%-plus
Straight-Through Processing (STP) and we'll be flexible
enough to adapt to a changing market." 

    Reid Warren, Regional Sales Manager -- South Asia,
Misys Banking Systems, says: "Indonesia is a key
market for Misys.  We are well established in Asia and the
partnership with Bank NISP means that we now have over 260
customers in the region.  The prospects for growth here are
very encouraging and we are pleased that major institutions
like Bank NISP are choosing Misys solutions to help them
maintain their competitive edge, expand into new markets
and improve their business performance."        
    About Misys Banking Systems

    Misys Banking Systems supplies over 1,200 customers in
over 120 countries, among them 49 of the world's top 50
banks, with software and solutions for retail banking,
wholesale banking, treasury and capital markets and risk
management. It has 2,600 people around the world, over 70%
of whom are outside of the United Kingdom, and sales,
implementation and customer support teams in over 28
countries. Misys Banking Systems is part of Misys plc. 

    About Misys plc

    Misys plc (FTSE: MSY), the global software company, is
one of the world's largest and longest-established
providers of industry-specific software. Founded in 1979,
Misys serves the international banking and healthcare
industries, combining technological expertise with in-depth
understanding of customers' markets and operational needs.
In banking Misys is a market leader with over 1,200
customers, including 49 of the world's top 50 banks. In
healthcare Misys is also a market leader, serving more than
92,000 physicians in 18,000 practice locations, 1,250
hospitals and 600 home care providers. In UK general
insurance Misys is the market leader in software solutions.
Through Sesame, a wholly-owned subsidiary, the company is
also a leading provider of support services to about 7,800
financial advisers in the UK. Misys employs over 6,500
people who serve customers in more than 120 countries. For
more information, visit http://www.misys.com .

    Misys. Making things that really matter, work better.

    About Bank NISP

    Founded in 1941 in Bandung, West Java, Bank NISP is the
fourth oldest bank in Indonesia. With total assets of Rp 20
trillion (S$3.4billion) as of 31 December 2005 (audited),
Bank NISP is the 9th largest private bank in Indonesia.
Supported by a distribution network of more than 200
branches and offices and also more than 15,000 shared ATMs
nationwide, Bank NISP has a strong franchise serving small
and medium enterprises as well as the consumer market in
Indonesia.

    Bank NISP whose 72.29 % shares are owned by OCBC Bank's
subsidiary, OCBC Overseas Investments Pte Ltd, has had a
consistently strong track record in the last 10 years, and
continued to perform well even during the Asian financial
crisis of 1997-1998. In 2005, Bank NISP was named Finance
Asia Magazine's Asia's Best Company. Bank NISP is committed
to become one of leading banks in Indonesia in line with
Bank's vision "to be the bank of choice with
world-class standards recognized for its caring and
trustworthiness."

    For more information, please contact:

     Caroline Parker
     Tel:    [phone]
     Mobile: [phone]
     Fax:    [phone]
     Email:  [e-mail]

SOURCE  Misys plc