Finastra

549 results about this entity

Period: 06 Dec 2007 - 19 Sep 2024

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Temenos races to seal deal with Misys as new license sales wane

Temenos races to seal deal with Misys as new license sales wane

Swiss core banking vendor Temenos is working furiously to seal a merger deal with UK rival Misys as its latest set of results show a 33% drop in new license sales for the fourth quarter.

Vista Equity Partners makes Misys approach

Vista Equity Partners makes Misys approach

Misys' proposed marriage to Swiss core banking rival Temenos could be on the rocks after the UK banking software vendor confirmed that it has received an approach from Vista Equity Partners.

Misys shares edge up on M&A rumours

Misys shares edge up on M&A rumours

Shares in Misys have moved up on rumours that private equity firms are running the rule over the UK vendor's proposed merger with Swiss core banking rival Temenos.

Lawrie exits as Misys and Temenos agree key merger terms

Lawrie exits as Misys and Temenos agree key merger terms

Core banking vendors Misys and Temenos have agreed the key terms for their proposed merger, with shareholders of the UK firm taking 53.9% of the combined group and the Swiss outfit the remaining 46.1%.

Misys and Temenos in merger talks

Misys and Temenos in merger talks

UK core banking vendor Misys has confirmed that it has begun talks with Swiss rival Temenos about a possible all share merger.

Misys to strip £8 million from costs as sales slow in Europe

Misys to strip £8 million from costs as sales slow in Europe

Banking software house Misys is to cut £8 million from its operating costs over the next year after a 'challenging' first six months trading which saw a slowdown in sales in Western Europe.

Misys opens Beijing centre of excellence

Misys opens Beijing centre of excellence

UK fintech vendor Misys has opened a centre of excellence in Beijing as its focus increasingly turns to China and the wider Asia Pacific region.

Cloud banking set to go mainstream - Gartner

Cloud banking set to go mainstream - Gartner

Analyst house Gartner predicts that by the end of 2015, consumers will initiate at least 10% of all banking interactions indirectly via cloud service-based exchanges and portals.

Misys executive pay under shareholder spotlight

Misys executive pay under shareholder spotlight

UK fintech vendor Misys saw executives face a rough ride at its recent annual general meeting, with over a third of shareholders voting against their pay plan.

Trends in Transaction Banking

Trends in Transaction Banking

Lars Millberg, head of Global Transaction Banking at SEB Merchant Banking, Ken Stratton, MD, DBS Bank Ltd, Transaction Banking, Sales, Rajesh Mehta, EMEA head of Treasury and Trade Solutions, Citi and Olivier Berthier, global solutions director, Misys discuss the results of the recent 'Trends in Transaction Banking' survey at Sibos 2011.

Misys Q1 revenue rises but order intake falls

Misys Q1 revenue rises but order intake falls

UK fintech vendor Misys has posted a four per cent rise in revenues for the first quarter but order intake was down thanks to delayed sales at the recently acquired Sophis unit.

Cost-cutting and IT complexity top concerns for transaction banks

Cost-cutting and IT complexity top concerns for transaction banks

Reducing IT complexity and cutting costs are the biggest challenges facing transaction bankers, according to a survey of 44 top tier banks conducted by Finextra on behalf of Misys.

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