Misys Solutions launches FinCloud

Misys has announced it is launching Misys FinCloud, a new range of Cloud solutions and global Cloud environment offering Misys clients the highest standards of security, performance and operating excellence in Cloud operations in the financial services industry. With this solution, clients pay for what they use as part of an initiative supported by various global and local infrastructure providers, systems integrators and solution partners.

Misys FinCloud solutions promote agility and efficiency. Clients gain faster access to innovation through shorter and more predictable on-boarding and updates. They can consume Misys solutions rather than licensing and running them themselves, freeing up their IT resources to focus on strengthening their competitive edge and growing their business. Offered on elastic, consumption-based charging models, Misys FinCloud clients pay for what they use.

Supported by selected global and local infrastructure providers, systems integrators and solution partners, the Misys FinCloud incorporates a highly secure, trusted Cloud environment, representing the highest levels of security, performance and operating excellence for Cloud operations in the financial services industry.

“The financial services industry is evolving faster than ever before and we are seeing our customers embarking on wholesale digital transformation projects,” said Tom Dawkins, Global Head of Cloud Enablement at Misys. “Cloud technology is a key enabler of this change. We are enabling all Misys solutions for the Cloud to offer our customers the choice of on-premise or Cloud deployment. And, the Misys FinCloud guarantees the highest levels of security and service delivery for our clients. Today we are launching new Cloud solutions into each of our four main lines of business - this is a first wave of Misys FinCloud solutions to be launched and we look forward to announcing more as they come on line.”

The Misys FinCloud enables financial institutions to run Misys solutions on the Cloud, with the confidence that they are being operated and managed in highly secure, audited environments. The Misys FinCloud utilises state-of-the-art virtual server technology, storage, security, disaster recovery and networking hardware that is proactively managed and monitored in line with industry best practices and contracted service levels to ensure the highest levels of availability and performance. 

“With our Misys FusionCapital Summit Cloud solution, we benefit from high performance, high availability and strong security. Misys takes care of every aspect of managing the solution so we can stay focused on our business,” says Ferrante Zilioli, CIO, Banca Akros.

Misys is working with carefully selected partners to operate the infrastructure components of the Misys FinCloud including Rackspace and NTT Communications.

“At Rackspace we specialise in providing managed hosting solutions that can be tailored to customers’ needs, backed by a customer-centric service branded Fanatical Support®, with engaged employees who provide exceptional customer support to maintain loyal customers,” said Ryan Ohls, senior manager at Rackspace. "It is this combination of service excellence and expertise we recognise in Misys, so we are excited to deliver cloud solutions to Misys clients in North America. By working with Rackspace, Misys can enable banks and financial institutions to respond quickly to real customer needs and enjoy a competitive edge in the market.”

Masaaki Moribayashi, Managing Director, NTT Communications, adds: “At NTT Communications we know that Cloud adoption is a key strategic priority for many of the region’s banks. Partnering with Misys on the Misys FinCloud marries up our highly available, secure infrastructure technology with Misys market-leading solutions and application management expertise. Together we will partner with financial institutions on their digital transformation journey towards the Cloud helping them to innovate, accelerate and succeed - all the while enjoying the highest levels of compliance and cost efficiencies.” 

Misys is committed to Cloud enablement of all of its solutions and will deliver all major products in the Cloud, so that Misys customers have the choice of consuming them as a service on the Cloud. The FinCloud provides banks with faster implementations and better access to the latest innovations. 

Misys has a proven track record of delivering highly secure and available solutions in the private Cloud for more than ten years. The company is launching new Cloud solutions in all four business areas, including retail banking, corporate banking, treasury and capital markets and investment management.