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Industry: Email Alert RSS FeedMisys delivers its OPICS system to Saudi Arabian bank - Brief Article
Telecomworldwire, March 27, 2003
TELECOMWORLDWIRE-27 March 2003-Misys delivers its OPICS system to Saudi Arabian bank(C)1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com
Misys Wholesale Banking Systems (Misys) has completed the installation of its office treasury management system for the Arab National Bank, a Saudi Arabian financial organisation.
The OPICS system has been implemented in the bank's premises in London in the UK and Riyadh in Saudi Arabia and will provide a single platform for delivering all of its treasury products. This will reportedly facilitate risk management and cash flow analysis as well as enabling the Arab National Bank to introduce a wider range of new treasury products in less time. OPICS also delivers straight through processing, cash management, analytics, customer credit, confirmation matching, cross product netting and continuous linked settlement processing.
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No financial terms were disclosed.
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