MCB Hires IBM, Misys For Treasury Services

Pakistan’s Muslim Commercial Bank (MCB) has appointed technology and consulting firm IBM Corp. and application software and services provider Misys to automate the bank’s treasury operations. The project will enhance risk management and help the bank comply with regulatory requirements.

IBM and its business partner Misys will offer execution services by adopting Misys Opics Plus to standardize financial mechanisms and reduce complexity. The solution will combine MCB’s financial instruments and departments, enhancing transparency and accountability of financial management, supporting decision making and governance, and giving clients a single point of access to various services.

Click here for the release from Misys.