Misys Banking Systems acquires INTESIO,
strengthening its multi-channel retail banking offering
Misys plc announces today (14 February 2006) that Misys Banking Systems has
acquired INTESIO GmbH, the specialist multi-channel banking solutions company,
for [euro]10million in cash.
The multi-channel INTESIO software will become part of Misys Enterprise Channel
Banking, a component of Misys Equation Plus. Misys Enterprise Channel Banking
provides banks with a single point of integration addressing every channel -
call centre, internet, ATM/POS, telephone and teller - allowing for rapid
software implementation and a consistent view of their customers, whatever
channels they choose to use.
"This is a valuable addition to our Equation Plus product family," said Clive
Pedder, Chief Operating Officer, Core Banking, Misys Banking Systems.
"Integrated multi-channel banking gives banks the functionality to serve their
existing customers better and enables them to access new markets at a lower
operating cost. With Misys Enterprise Channel Banking, banks will be able to
significantly improve their multi-channel integration.
"We have worked closely with INTESIO for over two years on joint projects and
this acquisition brings a wealth of expertise. We are delighted to welcome the
talented team into our business."
This addition to Misys Enterprise Channel Banking is written in Java J2EE,
using the same Service Oriented Architecture framework as the rest of Misys
The acquired business is expected to perform close to break even during the
remainder of the current financial year as the process of integrating it with
the Misys Equation Plus product family is commenced.
Tel: +44 (0) 20 7368 2336
Mob: +44 (0) 7989 017979
Tel: +44 (0) 20 7368 2305
Mob: +44 (0) 7957 807 721
About INTESIO GmbH
INTESIO GmbH, based in Bad Nauheim and Dresden, delivers standard software
components for banks and financial institutions focusing on front-end and
middleware solutions. The INTESIO Process Suite (IPS) is a scalable and
platform-independent multi channel solution with multi client ability. It
allows straight through processing from the front-end (internet, call centre,
branch, mobile, self service) to the core banking system. The IPS assures 7x24
hour availability and has open interfaces (IPS Virtual Banking Interface) to
backend systems and third party systems. INTESIO has a strong success record in
developing software solutions for financial institutions because of a
long-standing industry specific business expertise combined with first class
J2EE development skills.
About Misys Equation Plus
Misys Equation Plus is the latest retail banking core system from Misys Banking
Systems. Building on over 25 years of expertise in banking software, Misys
Equation Plus is an SOA-based, 100% Java retail banking system, incorporating a
Business Process management capability, a customer hub and has no in-line
end-of-day batch run.
About Misys Banking Systems
Misys Banking Systems supplies over 1,200 customers in over 120 countries,
among them 49 of the world's top 50 banks, with software and solutions for
retail banking, wholesale banking, treasury and capital markets and risk
management. It has 2,600 people around the world, over 70% of whom are outside
of the United Kingdom, and sales, implementation and customer support teams in
over 28 countries. Misys Banking Systems is part of Misys plc.
About Misys plc
Misys plc (FTSE: MSY), the global software company, is one of the world's
largest and longest-established providers of industry-specific software.
Founded in 1979, Misys serves the international banking and healthcare
industries, combining technological expertise with in-depth understanding of
customers' markets and operational needs. In banking Misys is a market leader
with over 1,200 customers, including 49 of the world's top 50 banks. In
healthcare Misys is also a market leader, serving more than 92,000 physicians
in 18,000 practice locations, 1,250 hospitals and 600 home care providers. In
UK general insurance Misys is the market leader in software solutions. Through
Sesame, a wholly-owned subsidiary, the company is also a leading provider of
support services to about 7,800 financial advisers in the UK. Misys employs
over 6,500 people who serve customers in more than 120 countries. For more
information, visit www.misys.com
Misys. Making things that really matter, work better.