Misys Wholesale Banking Systems has launched a new ASP service providing browser-based treasury management for corporates and fund managers.
As part of the launch, Misys' existing confirmation services - Misys CMS - will become part of the new Misys Treasury proposition.
The first release incorporates multi-bank electronic trade execution for foreign exchange and money market instruments via Currenex, confirmation matching and the automatic population of settlement instructions from Misys' standing settlement instructions database.
The second release, scheduled for autumn launch, will introduce cash management and payments services and will be based around Misys' Opics treasury management system.
The new proposition will be developed and marketed by Misys Global Managed Services (Misys GMS), the business unit within Misys Wholesale Banking Systems created to offer ASP and managed services to banks, corporates and fund managers.