Investec Bank is implementing Misys' core banking technology, Bankmaster Plus, to support all lines of business - including private banking, treasury and strategic finance - at its operations in Mauritius.
Misys says it will configure, build, install and implement the Bankmaster Plus system for Investec Mauritius offsite in its product development centre.
The vendor says its retail banking system will bring real benefits to customers – particularly in the area of electronic transfer of information to its international client base. Furthermore, automated charging of fees and commissions will reduce the manual workload and allow more staff to work on front office tasks.
The technology has also been deployed at the bank's Dublin office.