Misys (FTSE: MSY.L), the global application software and services company, today announced that it has achieved "Powered by SAP NetWeaver" certification for both Misys Trade Portal, its front-end trade finance portal, and Misys Trade Innovation Plus (TI Plus), its back-office trade finance processing engine.
The SAP Integration and Certification Center has certified that Misys Trade Portal 4.0 and Misys TI Plus 2.0.1, both J2EE 1.4/EE 5 specification-compliant applications, can now be deployed and run on the SAP NetWeaver Composition Environment (SAP NetWeaver CE) 7.1 offering. Further, SAP NetWeaver CE is a platform that enables applications to be built and run on service-oriented architecture (SOA) principles.
"Achieving powered by SAP NetWeaver certification for the Misys Trade Portal and Misys TI Plus solutions is another major milestone in our collaboration with SAP to combine the strength of the SAP platform and distribution channel with the market-leading capabilities of our financial supply chain solutions," states Olivier Berthier, Solutions Director, Transaction Banking, Misys. "In addition to the existing platforms that both Misys solutions are already available on, they now also represent the front-to-back trade finance solution of choice complementing the SAP for Banking solution portfolio."
The certification of these two solutions from Misys is the latest milestone in the strategic partnership the two companies announced in September 2007. The partnership was formed to provide banks with a broader set of solutions from one source, helping them reduce complexity, grow revenue, increase flexibility and lower costs.
Susan Feinberg, Senior Research Director, TowerGroup, comments, "In the current global trade environment, it is more critical than ever that the gap between corporate customers and banks be bridged through the use of enhanced business applications designed to optimise the financial supply chain. Achievement of this goal is best accomplished through technology partnerships that combine solid integration capabilities with deep domain expertise."