Nordic Investment Bank (NIB), owned by eight Nordic countries, has gone live with Misys Opics Plus. The Misys solution will cover the entire bank’s requirement for bank proprietary treasury trading and corporate activity. and will operate across all asset classes in the treasury back office.
NIB selected Opics Plus, a front-to-back-office treasury and capital markets solution, across a wide range of instruments including derivatives, fixed income, equities and treasury trades. The new treasury system will enable the bank to process higher volumes of treasury instruments and provide clients with more sophisticated products, while providing sound risk management and the infrastructure for growth in the future.
Jouni Järvenpää, information and communication technology at NIB, said: “We wanted to put in place the most up-to-date solutions that would improve our broad capabilities and that would grow with us. We carefully evaluated the best options and Misys was the clear leader in its field. We are very excited about the improved services that will be derived from this flexible solution.”
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