China Zheshang Bank live with Misys Opics

China Zheshang Bank live with Misys Opics

UK-based Misys Banking Systems says China Zheshang Bank (CZB) has implemented its Opics treasury and capital markets platform and its risk management module, Opics Risk.

The Opics platform has provided the bank a single automated STP system for its treasury function, says Misys.

The bank is also using the Misys Opics Risk for cashflow analysis, stress testing and Riskmetrics VaR reporting as well as profit and loss analysis.

Commenting on the implementation, Shen Bin, CRO of the treasury department, CZB, says: "The Misys solutions give us advanced functionality and flexibility that answer our trading needs perfectly."

Last week Misys said its revenue in China had grown by over 40% during the 2005/06 financial year.

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