Misys and SAP plan to work together on an integrated universal banking solution, based on Misys BankFusion that will run on the SAP NetWeaver platform. Misys and SAP will look at integrating SAP components, such as general ledger, into Misys BankFusion.
Misys Trade Portal and Misys TI Plus 2.0 will be endorsed by SAP to work with the existing SAP for banking solution portfolio to offer banks trade services.
The last element of the collaboration is the integration of SAP customer relationship management into the Misys retail banking solution set to provide capabilities for customer-oriented processes such as targeting, attraction and retention.
Mike Lawrie, chief executive of Misys, said: A key part of our strategy is developing winning partnerships, and this is a powerful combination that brings together best-of-class solutions to build an offering that is unique in the marketplace. This allows us to reach markets that we have not been able to reach previously and will enable us to deliver results for new and existing customers. The application know-how and market presence from SAP combined with Misys’ domain expertise and market-leading position in banking software will enable global banks to get the best technology and a broader set of solutions from us.