View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 12, 2009

PrivateBank Deploys Technology From Misys

Gives traders access to immediate information and facilitates their decision making process

By CBR Staff Writer

Misys, the global application software and services company, has announced that Illinois-based PrivateBank has selected Misys Opics Plus to support its foreign exchange and interest rate derivatives business.

Reportedly, the solution which has been deployed on a Software as a Service (SaaS) basis, went live using the Misys Quick Start implementation. Moreover, PrivateBank will use the Opics Plus solution as a key application for its front office, back office, accounting and risk management.

According to the Misys, Opics Plus gives traders access to immediate information thus facilitating their decision making process. It provides real-time position and P&L reporting. Back-office will utilise the system’s event-based workflow manager to confirm deal and payment information with counterparties and send automatically generated confirmations. The integrated front-to-back system will provide for reconciliation and regulatory reporting.

Camille Rudge, managing director, capital markets at PrivateBank, said: “It was important for us to choose the right partner to support us as we expand our Capital Markets business. The Opics Plus solution provided us with the right combination of technology and support to serve our clients and continue to expand our business.”

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU