Java-based package aims to help smaller banks

Huber, Nick
October 2004
Computer Weekly;10/26/2004, p18
Trade Publication
The article reports that Misys PLC has released a Java-based software package Bankmaster Plus, which is aimed at smaller banks and offshore financial firms. It uses J2EE and web services and includes modules on investment management, anti-money laundering and investment trusts. Bankmaster Plus can be installed more quickly and is cheaper to run than traditional packages. A report from analyst firm Datamonitor said the new Misys software offered greater efficiency and lower costs for users. According to the report, from a high-level business perspective, the new architecture demonstrates a high degree of alignment with the industry business drivers relating to operational efficiency, flexibility, an integrated customer view, compliance and lower technology costs.


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