MCB Bank to automate treasury operations with Misys solution

Pakistan’s Muslim Commercial Bank MCB Bank has selected IBM and Misys to provide solutions that will automate its treasury operations.

“Innovation is what has helped MCB Bank become one of the leading banks in the region,” said Mohamad Ramzan, head of treasury and foreign exchange at MCB Bank. “IBM’s services and the deployment of Misys Opics Plus will enable us to take new products to the market faster while meeting the central bank’s regulatory requirements.”

Under the new partnership, IBM will provide implementation services together with Misys to deploy Misys Opics Plus for MCB Bank, which the bank expects will standardise financial mechanisms and help minimise complexities....