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Survey Highlights Accelerating Demand For Integrated Financial Supply Chain Services And Further Consolidation Of Transaction Banking Businesses

As open account trade continues to rise in most markets, there is increasing interest in the new Business Payment Obligation (BPO) instrument to achieve better standardisation and reduce risk.  At the same time, more than half of banks are demanding simpler ways to manage regular updates to existing standards. Both of these results are good news for SWIFT, given its current involvement with the International Chamber of Commerce (ICC) to develop the BPO, and its work with member banks and corporates on the MyStandards platform.

A copy of the full report on the results of The Global Transaction Banking Survey 2012 can be found here.

About Misys

Misys is at the forefront of the financial software industry, providing the broadest portfolio of banking, treasury, trading and risk solutions available on the market. With 1,800 customers in 120 countries our team of domain experts and partners have an unparalleled ability to address industry requirements at both a global and local level.

Misys was formed by the merger of Misys with Turaz, which includes the award-winning Kondor+ product line.  Combined they are able to address all customer requirements across both the banking and trading book businesses. Misys is the trusted partner that financial services organisations turn to for help solving their most complex problems.

Find out more at http://www.misys.com

For further information please contact

Edward Taylor Global Head of Public Relations Misys +44-(0)20-3320-5530 edward.taylor@misys.com

SOURCE Misys

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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