LONDON – Industry leaders in financial services have been honoured at the 2014 Technology Leadership Awards for The Americas. Misys, the leading provider of financial services software, presented the winners with the awards in recognition of their drive to improve the technology underpinning their businesses. They were presented at the Misys Americas Market Forum, taking place in Miami, Florida with the conference theme of ‘Define the Future’.
The three winners of the Technology Leadership awards were:
- Inter-American Development Bank: Technology Leadership Award for Risk Management
Inter-American Development Bank set itself the objective of monitoring a wide range of assets across its Treasury portfolios for risk and compliance purposes. After a nine-month due diligence study, the bank chose FusionRisk as its comprehensive, multi-asset, cross-business compliance engine to supplement the successful FusionCapital Summit implementation. The Bank is implementing this system to significantly enhance its market surveillance, risk and limit monitoring capabilities across the portfolios.
- Belize Bank: Technology Leadership Award for Core Banking
As a regional leader in retail banking, Belize Bank has embarked upon an all-encompassing transformation project that will reinvent the bank with new business processes, in order to renew its focus on the customer experience. With fully flexible, modern core and digital banking solutions, the bank is able to meet new customer demands and simultaneously remove the underlying business risks of its existing infrastructure. With a world-class architecture that is Misys FusionBanking Essence, the bank is now fully ready to take advantage of regional growth opportunities.
- Banco Popular: Technology Leadership Award for Lending
Banco Popular is consolidating its existing portfolio of 17 lending applications to just five, with Misys FusionBanking Loan IQ as its strategic foundation. Banco Popular can take advantage of more accurate data and streamlined workflows from front-office to back. By rationalising the lending application landscape and driving greater synergies and processing efficiency, Banco Popular is expected to deliver cost savings of at least 25 per cent.
“The Misys Technology Leadership Awards underscore the banks and financial institutions leading the way in innovation and have enhanced their operations using the latest in technology platforms,” stated Frank Brienzi, President and Chief Sales Officer of Misys. “We are delighted to have been able to support them as they achieve their business aspirations. We look forward to continuing to work with these leading firms to further help them achieve their goals, build their business and better serve their customers.”
More than 250 delegates attended the Misys Americas Market Forum to hear from Misys executives and industry experts on developments and trends in financial technology and to discuss the challenges and opportunities facing the financial services industry both today and into the future.