Financial software company Misys is reaching for the clouds. The fintech firm, which provides risk solutions to capital markets, investment management firms and banks, has launched Misys FinCloud. The new service will offer solutions in a Cloud environment to 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.
He added, 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.
Clients of Misys will be able to use the software rather than licensing and running it themselves. This can help free up IT resources and allow companies to focus on their businesses rather than their technology needs. Clients pay what they use rather than a fixed fee.
FinCloud uses global, local and solution partners. Global partners in the FinCloud give Misys clients the benefit of service provision across many countries with a single partner and complete consistency in service delivery and operations. Local partners cover particular jurisdictions where data security laws or regulations require systems to be managed in-country.
Solution partners bring specific domain expertise in Misys solutions and deeper understanding of clients businesses.
