Misys Banking Systems, a global leader in banking software and solutions, today announces the launch of Misys Treasury Plus version 1.4. The new version of the online hosted treasury management service features a new Unstructured Trade Confirmations (UTC) module to facilitate matching of OTC derivatives transactions. Additionally, it includes a Report Scheduler, a new Failed SWIFT messages screen, enhancements to the Action List and additional reports in the Premium Reports module, all increasing transaction productivity and efficiency.
The new Unstructured Trade Confirmations functionality within Misys Treasury Plus was developed in close consultation with customers to satisfy a need for matching transactions in a new asset class, OTC derivatives. By utilizing a two-part system to match basic transaction stubs and affirm attached supporting documents, the Misys UTC solution can accommodate transactions such as FX exotic options and metals trades.
The new Report Scheduler allows Misys Treasury Plus customers to maximize their productivity by scheduling delivery of specific reports on a customized timeline. Utilizing this expanded capability, customers can more efficiently access the information they need – when they need it.
Other enhancements include a new screen to view messages not accepted by SWIFT and additional lines on the Action Items list for a more detailed summary of the status of important deals. New Detailed Foreign Exchange and Money Market Performance Reports available in the Premium Reports module allow customers to measure and benchmark both the speed and accuracy of their own and their counterparties’ confirmations.
"With this release, Misys Treasury Plus continues to leverage the flexible and agile nature of our Software-as-a-Service (SaaS) model to deliver solutions and develop new functionalities that keep up with the ever-changing needs of our customers," comments Peter Bennfors, general manager, Misys Global Managed Services. "By providing Misys Treasury Plus as an online hosted service, we are able to quickly and confidently adapt each new release to the broad technological demands of the marketplace while tailoring enhancements to tackle the specific pain points customers tell us they need help with. Misys Treasury Plus takes care of the technology so our customers can take care of business."