LONDON, February 25 /PRNewswire/ --
- E-Business System Gives Bank of Hawaii's Customers Optimal Front-End Support
Misys, a global leader in banking application software and services, today announces that Bank of Hawaii has gone live with Misys' front-end corporate initiation solution for trade finance, Misys Trade Portal.
This means that it is now using the complete front-to-back trade finance solution, Misys Trade Portal and Trade Innovation. The integrated end-to-end solution gives Bank Hawaii unrivalled functionality across the whole of its trade finance business supporting the bank's business plan, strengthening its operations and bringing further value to its customers.
Bank of Hawaii Corporation (NYSE: BOH) is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific. The Company's principal subsidiary, Bank of Hawaii, was founded in 1897 and is the largest independent financial institution in Hawaii.
The bank has been using Misys Trade Innovation since 2002 and determined that the advanced capabilities and proven record of Misys Trade Portal was the right trade finance system to provide the front-end solution. The partnership ethos and support quality given by Misys was also a key factor. In the highly competitive banking environment, the enhanced functionality offered by Misys Trade Portal will give Bank of Hawaii unrivalled levels of efficiency and client service, giving clarity and improved options for follow up and value-added services to clients.
Long Lac, Vice President and Manager of International Trade Operations at Bank of Hawaii comments, We have benefited from Misys Trade Innovation since 2002 at which time we introduced our customers to the initial version of the end to end solution. The move to Misys Trade Portal provides our customers an opportunity to leverage the additional functionality of this front-end corporate initiation solution. Bank of Hawaii customers will benefit from the efficiencies that Misys Trade Portal will bring to their internal operations as well as their business with Bank of Hawaii's International Trade Operations.
Bank of Hawaii's decision to implement our Misys Trade Portal solution is an excellent validation of both the strength of our working relationship and the quality of our solutions, adds Olivier Berthier, Solutions Director, Transaction Banking, Misys. We are the bank's single provider of all its trade finance systems, which translates into improved operating efficiencies, better functionality and improved client-facing services for the bank.
Misys has built a vast amount of knowledge and expertise in the trade finance and financial supply chain market, with award-winning solutions from the front office through to the back office, as well as the first and most advanced SWIFTNet Trade Services Utility (TSU) enabled solution. This experience in both traditional trade instruments as well as Open Account-based transactions enables Misys to add real value to customers and continue to lead the innovations in the market.
About Misys plc
Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to organisations in the financial services and healthcare industries. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success.
In banking and treasury capital markets, Misys is a market leader, with over 1,200 customers, including all of the world's top 50 banks. In healthcare, Misys plc owns a controlling stake in NASDAQ-listed Allscripts-Misys Healthcare Solutions, Inc, a clear leader in the provision of healthcare technology, serving more than 150,000 physicians, 700 hospitals and nearly 7,000 post-acute and homecare organisations. Misys employs around 6,000 people who serve customers in more than 120 countries.
We aspire to be the world's best application software and services company, delivering results for the most important industries in the world.
Misys: experience, solutions, results
Contact us today, visit: http://www.misys.com
About Bank of Hawaii
Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific. The Company's principal subsidiary, Bank of Hawaii, was founded in 1897 and is the largest independent financial institution in Hawaii. For more information about Bank of Hawaii Corporation, see the Company's web site, http://www.boh.com.
For further information please contact Edward Taylor Global Head of Public Relations Misys Banking Systems +44(0)20-3320-5530 edward.taylor@misys.com Sebastian Mathews Financial Dynamics +44(0)20-7269-7158 sebastian.mathews@fd.com
For further information please contact: Edward Taylor, Global Head of Public Relations, Misys Banking Systems, +44(0)20-3320-5530, edward.taylor@misys.com; Sebastian Mathews, Financial Dynamics, +44(0)20-7269-7158, sebastian.mathews@fd.com
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