Misys said that it has built a global sourcing model for the development needs of its clients.
According to Misys, the outsourced development capability will enable Raiffeisen International to accelerate the delivery of new products and maintain its existing products.
A team of developers from Misys and HCL are expected to work towards improving quality, reducing turnaround times and enhancing productivity for Raiffeisen International Group, ensuring that all the Midas network branches maximize the benefits of the system and are able to respond quickly to changing business requirements, added Misys.
Guy Warren, executive vice presindent and general manager of Misys Banking, said: The winning combination of our experts and those of HCL’s will give Raiffeisen a guaranteed resource to help it achieve its business goals and stay ahead of its competition. We have designed the team to be able to expand its size and scope when required, truly flexing with the business needs of the bank, making the most of the proven flexible sourcing model that our partnership with HCL brings our customers.