Three Asian financial companies are using treasury management software from Misys PLC.
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The British banking technology company said Tuesday that Industrial and Commercial Bank of China, Asian Development Bank, and Japan Post are using its Summit financial software in their front and back offices and plan to use it for pricing and processing structured trades.
Alan Railton, the general manager for sales and distribution, treasury, and capital markets Asia for Misys' banking systems unit, said in a press release that Misys' business in Asia is expanding rapidly because financial companies there are "adopting systems to manage the complexities of pricing, booking, risk management, and regulation within a single solution."
