Under the agreement, Misys’ Opic Plus application is set to enable the bank to process a higher volume of treasury instruments. The back office will use the systems event-based workflow manager to confirm deal and payment information with counterparties and send automatically-generated confirmations.
In addition, Misys Opics Risk Plus and Misys Eagleye will provide the bank with a risk management framework including performance and return attribution analysis, portfolio and currency compliance limits and policy controls.
The Bank of Papua New Guinea delivers services concerning the development of monetary policy, financial sector supervision and payment systems.
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