Finastra

587 results about this entity

Period: 06 Dec 2007 - 24 Jul 2025

Finextra50 falls as US tech stocks get hammered

The Finextra50 Financial Technology Index fell 11% last week as a big drop in the technology sector compounded the ongoing financial industry turmoil. The Innovation Group, Vasco and Cognizant led the big fallers, while Oberthur, Misys and Bravura provided the only positive stories.

Misys reports solid Q1

UK vendor Misys says despite challenging market conditions like-for-like revenue increased six per cent in its first quarter, while order intake was up 11%.

Misys reports Mizuho implementation

Japan's Mizuho Corporate Bank is rolling out core banking technology from UK vendor Misys across its European operations as part of an initiative to standardise business processes across its global network.

Fintech index hits new low after week of turmoil

The Finextra50 Financial Technology Index closed last Friday down four per cent on the previous week to 77.74, despite the bounce in global markets after news of the proposed US government bailout for banks laden with bad debt.

Fundtech Q3 earnings hit by Lehman-related charge

US financial technology vendor Fundtech says it will record a charge in the third quarter of up to $600,000 relating to the bankruptcy of Lehman Brothers.

Misys merger plans hit by Lehman fall-out

Plans by UK software group Misys to spin off its healthcare division have been thrown into jeopardy by the collapse of Lehman Brothers.

Failed payments costing Europe's banks EUR21bn a year - Misys

Despite the introduction of the single euro payments area this year, failed cross border transactions are costing European banks EUR21 billion a year, according to Misys.

Misys full year profit up; confident on outlook

After posting solid gains for the last 12 months Misys says it is confident of its ability to continue to perform, despite the credit crunch.

Misys talks up full year trading

UK banking-to-healthcare vendor Misys is reporting revenue growth above expectations at its fintech divisions and says the credit crunch has not yet impacted its business.

Standard Bank first to implement Misys BankFusion

UK fintech vendor Misys says South Africa's Standard Bank is the first company to implement its new BankFusion Universal Banking platform.

Patsystems and Misys lead Finextra50 down

The Finextra50 Financial Technology Index slipped two per cent to 88.21 last week, with London-based Patsystems recording the biggest fall after it warned of a profit shortfall in the first half of the year.

Misys up on bid rumours

Shares in British banking systems firm Misys continued to edge up today on the back of renewed speculation that a rival vendor is gearing up to make a bid for the business.