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Payments General

Piraeus licenses Misys' BankFusion Equation platform

Monday 1 February 2010 | 11:02 AM CET

Greek financial services provider Piraeus Bank has teamed up with UK-based global application software and services company Misys to license Misys BankFusion Equation as the technology platform to underpin its expansion plans.

Piraeus Bank has been using a version of the Misys Equation platform across its domestic and selected international branches, using Equation to run the bank’s operations across 343 branches in Greece and 220 branches in three of its international subsidiaries.

In the latest release of the solution, Equation has been re-architected into an SOA environment using Misys' BankFusion platform. Misys BankFusion Equation delivers Java (J2EE) re-usable components to Piraeus for enhanced security and risk management capabilities.

More: Link
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