CajaSur, the Cordoba-based Spanish building society, has selected the Misys ALM and Basel II solutions. CajaSur will replace its current ALM application and implementation starts immediately. The building society is preparing to enhance its ALM functionality while also ensuring its banking systems are Basel II compliant in the near future. According CajaSur, the major benefit of the Misys Almonde platform is that it can implement the basic structure quickly and then add functionality as and when it is needed. As well as addressing the bank’s ALM needs, this new project will prepare CajaSur for Basel II implementation as both ALM and Basel II applications share the same platform, data model and interfaces. Misys has had offices in Madrid and Lisbon for over a decade.
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