Misys Signs Service Agreement with the Islamic Development Bank

The Islamic Development Bank Group (IDB Group) has signed a service agreement with Misys for enhancing its treasury and investment departments.

Under the agreement, Misys will provide various solutions including Opics Plus, Opics Risk Plus, Sophis VALUE and Eagleye to enhance the capacity of the treasury and investment functions, in order to serve IDB’s clients more effectively and make its internal processes more efficient as part of the IDB Group Business Enhancement and Systems Transformation (GBEST) programme.

Misys said that by automating its internal processes and managing the treasury and investment operations on a single platform, the solutions will enable IDB to monitor and report risk exposure across the IDB Group. The Misys solutions will fulfill the IDB Group treasury and investment needs for straight-through processing (STP) across the entire operations, including analysis, trade execution and risk management.

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