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Philippines Savings Bank selects Misys Opics system

22 May 2003  |  5162 views  |  0 Philippines Savings Bank selects Misys Opics system

Philippines Savings Bank (PSBank) is implementing Misys Wholesale Banking Systems' Opics package to streamline its treasury operations.

Misys says the treasury and capital markets solution will improve transaction flow from front to back office and enhance risk management through the introduction of volume and stop-loss limits.

Noli Gomez, chief finance officer, PSBank, says: "Opics from Misys addressed our concerns on supporting large transaction volumes, operational issues, and better risk management controls."

Gomez adds that the vendor's experience in the Philippines and local support team was also an important factor in the selection process.

The package is scheduled to go live by the second half of the year.

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