Over the past 20 years, the number of banks providing Trade Services has decreased, and the economies of scale have led to an overall reduction in fees. The result has been a furiously competitive environment, one where low cost services have been key while volumes have continued to increase.

At the same time, with banks focusing more significantly on transactional fee-based corporate banking services and the tailored demands of their corporate customers in support for their international or domestic trade transactions, financial supply chain services have become a key component of most banks’ customer-centric transaction banking strategy.

To capitalise on these trends and the growth in international trade markets, banks are increasingly seeking out the most innovative trade finance solutions to help them compete and increase market share. In addition, banks are looking for a long term partnership with local support, and solutions based on the latest technology to support their business growth.

This is where Misys comes in.

Our Solutions

Misys is the world’s best-selling front-to-back trade finance solution provider. Over 180 banks across the world rely on Misys Trade Services to serve their critical trade customers quickly and efficiently. The Misys Trade Services portfolio supports a full range of products and services including all traditional instruments such as import and export letters of credit, collections, open account-based transactions, bill financing, factoring, guarantees and superior workflow management facilities. But importantly and uniquely, it is the huge span of customers that gives Misys Trade Services the edge.

Misys Trade Services solutions are fully SWIFTReady accredited, reflecting our commitment to the SWIFT Standards.  The SWIFTReady Trade Finance 2010 accreditation includes MT798 support for SCORE, enabling two way communication between corporates and banks for the issuance, advising and amending of letters of credit, standby and guarantee transactions.

 
 
Standing out from the Crowd: Challenges in Transaction Banking

Results of the 2009/2010 Banking Technology survey commissioned by Misys

The results of Banking Technology's global survey of bankers working in either Trade Finance, Payments, or Cash Management businesses have been published in the latest edition of its magazine.  You can download your free copy here.

The survey takes the pulse of Trade Finance and reveals some surprising conclusions!  Alongside the survey, Banking Technology and Misys hosted a roundtable discussion of senior Transaction Banking professionals, a summary of which is also included with the download.

Trade & Forfaiting Review Awards 2009

Misys Trade Services has been voted Best Technology Provider in the annual awards organised by the international publication, Trade & Forfaiting Review, beating all the other vendors in the trade finance market.

Misys was awarded the accolade based entirely on the votes of professionals in the trade finance industry. “This gives valuable recognition to the innovative solutions we have in our financial supply chain portfolio and the great traction we have in the market,” states Olivier Berthier, Solutions Director, Transaction Banking at Misys. “We have made huge strides in extending the capabilities of our solutions to meet the changing needs of our customers and the market and have enhanced the whole portfolio of solutions to cater for the increase in focus financial institutions have on transaction banking as a critical source of revenue.”