LONDON, June 23 /PRNewswire/ --
- QIIB is the First Bank in the Region to go Live With Misys Equation 3.9
Misys (FTSE: MSY.L), the global application software and services company, announced today that Qatar International Islamic Bank, has gone live with Misys Equation 3.9 across 10 branches in the region. The solution is the latest retail banking solution from Misys and will help QIIB to provide better services to its customers and to expand its operations.
QIIB is one of the leading banks in Qatar and has a reputation of putting its customers right at the forefront of its business. The implementation of the latest version of Misys Equation is an important part of its overall growth strategy and will help QIIB to stay focused on achieving its business ambitions.
QIIB was founded in 1991 and has been a Misys customer since it first opened its doors to customers. Misys Equation will help QIIB to improve its business by increasing customer revenues, reducing risk and driving business efficiency. Misys Equation is an integrated, real-time, multi-currency banking system that helps organisations to deliver competitive products and excellent service to customers. It supports consumer and corporate banking within a single platform.
Mamdouh Elayashy, Information Service First Executive Manager at QIIB, comments, "Misys has been an important business partner for our bank from the very beginning. We are proud to be one of the first companies in the region to go live with the latest version of Equation. It will help us to deliver on our ambition to be the best bank in the country and provide the best products and service to our customers."
Roy Froud, Head of Middle East and Africa, Misys Banking, adds, "Qatar International Islamic Bank is one of our longest standing customers in the region and consistently innovates for its customers. The functionality that QIIB will get from the latest enhanced version of Equation will help it to continue to deliver new products for its corporate and retail customers."
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 Banking +44-(0)208-486-1661 edward.taylor@misys.com Sebastian Mathews Financial Dynamics +44-(0)207-269-7158 sebastian.mathews@fd.com
For further information please contact: Edward Taylor, Global Head of Public Relations, Misys Banking, +44-(0)208-486-1661, edward.taylor@misys.com. Sebastian Mathews, Financial Dynamics, +44-(0)207-269-7158, sebastian.mathews@fd.com
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