Technology

Financial Software Firm Misys Takes Its Digital Channels SaaS Offering To The US

Eliane Chavagnon Editor - Family Wealth Report November 13, 2014

Financial Software Firm Misys Takes Its Digital Channels SaaS Offering To The US

The financial software company Misys has launched its digital channels solutions to the US market – based on a Software-as-a-Service (SaaS) model.

The financial software company Misys has made its digital channels solutions available in the US, based on a Software-as-a-Service (SaaS) model.

Misys FusionBanking Essence Digital – described by the firm as a “modular suite of banking applications”
-  uses marketing analysis to deliver product recommendations to clients interactively.

The firm highlighted that only 1.1 per cent of banks’ sales are currently made through mobile channels.

“Selecting a SaaS delivery model provides a safe path for banks to stay at the cutting-edge of digital channels, while converting a typically huge upfront investment into an affordable pay-as-you-go model,” Misys said. “Banks can use this solution to implement features much more quickly, such as bill pay, remote deposit capture and split bill.”

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