SAP, Misys Partner for SOA Banking Push

SAP AG and Misys are putting together a joint banking system that will integrate tier-one India vendor Misys’ BankFusion J2EE-compliant banking system onto SAP’s NetWeaver platform. According to a release, SAP and Misys will look at integrating SAP components, such as general ledger, into the SOA-friendly Misys BankFusion, and that both firms will market the banking solution globally. In addition, the Misys Trade Portal and Misys TI Plus 2.0 will be endorsed by SAP to work with the existing SAP for Banking solution portfolio to offer banks a complete end-to-end solution, enabling trade finance services. The collaboration also includes the integration of SAP CRM into the Misys retail banking solution set to enhance targeting, attraction and retention. The agreement comes just weeks after the two companies announced a joint enterprise SOA solutions lab in Bangalore.