Iccrea Banca Partners with Misys to Streamline Post-Trade Processes
The new project is expected to cut operating costs and improve both straight-through processing and risk management.
By implementing FusionCapital, Iccrea will consolidate its capital markets system on state-of-the-art infrastructure.
Misys will provide end-to-end post-trade processing, and the Italian bank says it will offer a streamlined operation, eventually making the process more cost-effective and lowering the cost of ownership.
According to Iccrea, Misys' FusionCapital will offer a better handle on reporting and risk management to fulfill its regulatory obligations.
The bank already uses Misys' lending
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