Misys Midas Plus supports a range of business areas, including treasury, commercial lending, capital markets, cash management and wealth management. It offers a single, integrated platform on which UBI Banca can grow its operations and increase transaction volumes.

Massimo Amato, managing director of UBI Banca, said: “We are looking to improve the quality of services we offer across the group and Misys Midas Plus will enable us to provide greater functionality as well as the technical resilience that deliver the confidence in the solution. As we see the benefits delivered to us and our customers, we will look to expand its use into other markets across Europe.”

Richard Watrasiewicz, senior director of professional services at Misys, said: “The breadth of functionality was a big factor in selecting Misys and we have successfully gone live with the solution at the bank with fully integrated German market features. UBI Banca’s customers are already seeing improvements in the range of services, particularly in the area of online delivery.”