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MISYS BANKFUSION EQUATION THE EQUATION EVOLUTION

MISYS BANKFUSION EQUATION THE EQUATION EVOLUTION

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<strong>MISYS</strong> <strong>BANKFUSION</strong> <strong>EQUATION</strong><br />

<strong>THE</strong> <strong>EQUATION</strong> <strong>EVOLUTION</strong>


BankFusion Equation – The Equation evolution<br />

Building modern banking systems<br />

Fast response times are essential in today’s fastmoving,<br />

turbulent financial markets. And in tough<br />

environments, banks and other financial institutions<br />

need to evolve rapidly to take advantage of new<br />

opportunities and out-perform the competition.<br />

Misys BankFusion Equation can help you adapt<br />

to the challenges and compete successfully.<br />

It enables your business to take full advantage of<br />

the architecture and development tools necessary<br />

for a modern banking system.<br />

This includes service-oriented architecture (SOA),<br />

the industry-accepted method for integrating<br />

applications and enhancing the functionality of<br />

existing systems. In addition, BankFusion Equation<br />

helps institutions deliver more efficient business<br />

applications based on Java 2 Platform, Enterprise<br />

Edition (J2EE) the leading environment for building<br />

SOA systems.<br />

BankFusion Equation – the latest<br />

evolution<br />

The latest version of BankFusion Equation takes this<br />

approach to the next level by delivering reusable<br />

components and re-architecting Equation into an<br />

SOA environment. This ensures that we continue<br />

to support our customers’ existing investment in<br />

Equation while emphasising our own commitment<br />

to BankFusion technology.<br />

Why choose BankFusion Equation?<br />

What makes BankFusion Equation different? It all<br />

comes down to harnessing your business processes<br />

to deliver real benefits. But while process models<br />

are still the best way to formulate the business logic<br />

of a financial institution, very few banks can translate<br />

them into the applications that run the organisation.<br />

That’s where BankFusion Equation has the<br />

advantage.<br />

It ensures that when you design new processes<br />

and model the business logic of the organisation,<br />

this translates into applications that boost<br />

revenues, reduce costs and increase reaction<br />

times to opportunities for growth. Importantly,<br />

enabling a bank to improve its cost to income<br />

ratio. BankFusion delivers all this and more.<br />

Increase revenues<br />

The path to growth should be clear and easy to<br />

navigate. With BankFusion Equation, you can:<br />

• Launch new products quickly through reusable<br />

processes and services<br />

• Design processes tailored to your requirements,<br />

using a standard mechanism, ensuring easy<br />

internal rollout as well as consistent and efficient<br />

customer interaction<br />

• Distribute cost-effectively to other channels and<br />

partners, including agencies and retailers<br />

BankFusion Equation helps institutions deliver more efficient business<br />

applications based on Java 2 Platform, Enterprise Edition (J2EE) the<br />

leading environment for building SOA systems.<br />

2 Brochure


BankFusion Equation – The Equation evolution<br />

The drive for growth needs to be matched by a relentless focus on<br />

efficiency and productivity. BankFusion Equation delivers solid support<br />

for both approaches.<br />

Respond rapidly to changing demands<br />

Misys BankFusion Equation supports businesses in<br />

pursuit of new opportunities and helps them<br />

respond quickly to changes in the market:<br />

• Reduce development turn-around by using<br />

common components and services<br />

• Auto-generate Java code using the BankFusion<br />

Equation Workbench development tool, which<br />

also conforms to proven Equation standards<br />

• Include or change the bank’s own rules and<br />

processes rapidly<br />

Reduce operational cost<br />

The drive for growth needs to be matched by<br />

a relentless focus on efficiency and productivity.<br />

BankFusion Equation delivers solid support for<br />

both approaches:<br />

• Increase user productivity by automating<br />

processes and reducing manual steps and errors<br />

• Lower development, integration and support costs<br />

by standardising and automating these activities<br />

Mitigate risk<br />

By applying process discipline to everyday banking<br />

activities, BankFusion Equation minimises risk<br />

across the organisation:<br />

• Reduce risk of errors by applying governance<br />

during transaction entry<br />

• Capitalise on existing environment and skills –<br />

BankFusion Equation is still a standard Equation<br />

upgrade<br />

• Require developers to adhere to proven<br />

BankFusion Equation standards<br />

• Take advantage of Misys maintenance and<br />

support for all services<br />

The advantage of BankFusion Equation Workbench composite services<br />

BankFusion Equation – delivering<br />

value today and tomorrow<br />

BankFusion Equation builds on three decades of<br />

Misys banking expertise. It means that you can<br />

design processes and deploy applications based on<br />

a solid foundation of financial services experience.<br />

Organisations can capitalise on the existing depth<br />

of functionality while APIs can be published as<br />

web services. These combine to form a library of<br />

common components representing more than<br />

30 years of banking expertise from which new<br />

composite services can be built.<br />

Respond rapidly to changing market<br />

conditions and new opportunities<br />

Today’s fast-moving and turbulent financial<br />

marketplace demands an equally agile and rapid<br />

response from banks and other financial institutions.<br />

With the BankFusion Equation Workbench you can<br />

respond faster than ever to challenges and<br />

opportunities.<br />

First and foremost, BankFusion Equation<br />

Workbench is intuitive and simple to use. You can<br />

build new services – as well as define your own<br />

screen-flow. A service can be a single API, a<br />

combination of existing APIs, or your own greenfield<br />

service. Each service that is built using the<br />

BankFusion Equation Workbench automatically<br />

conforms to proven Equation standards,<br />

maintaining system integrity while respecting your<br />

technology environment.<br />

Brochure<br />

3


BankFusion Equation – The Equation evolution<br />

“The benefits of BankFusion Equation are clear. Your business –<br />

and your customers – can take advantage of a new service based<br />

on existing functionality fine-tuned to your own processes and<br />

business rules.”<br />

When a service is deployed within the BankFusion<br />

Equation Desktop, the user can define the screenflow.<br />

This includes the presentation order of the<br />

fields and which fields are mandatory, optional or<br />

defaulted. The user can also apply the level of<br />

validation – in addition to Equation standard<br />

validation – that is required.<br />

The BankFusion Equation Workbench provides<br />

you with the flexibility you need to respond rapidly<br />

to changing markets. Users have access to the<br />

common components (APIs) and can include the<br />

organisation’s own business rules. Examples include<br />

making fields mandatory for input so that all critical<br />

data is captured, or making products available in<br />

certain currencies, so the end user can only select<br />

from a list of valid options.<br />

Here, again, BankFusion Equation Workbench<br />

delivers a clear, uncluttered user experience. All<br />

of these actions can be completed swiftly using<br />

wizards, tick boxes and drag-and-drop functionality.<br />

The BankFusion Equation Workbench also saves<br />

valuable IT time. Once the service has been built,<br />

it automatically generates the code and packages<br />

the service so it can be installed using the standard<br />

BankFusion Equation installation procedure.<br />

Clear advantage<br />

The benefits of BankFusion Equation are clear.<br />

Your business – and your customers – can take<br />

advantage of a new service based on existing<br />

functionality fine-tuned to your own processes<br />

and business rules. As well as being completely<br />

integrated with your existing Equation environment,<br />

the new service can also be consumed by other<br />

SOA applications and workflow engines.<br />

4 Brochure<br />

BankFusion Workbench<br />

APIs<br />

consolidated<br />

into one<br />

process flow<br />

using the new<br />

desktop<br />

The new BankFusion Equation desktop ensures that APIs are<br />

consolidated into a single process flow


<strong>MISYS</strong> RECENT MARKET RECOGNITION<br />

ABOUT <strong>MISYS</strong><br />

BEST TECHNOLOGY VENDOR<br />

TRADE & FORFAITING REVIEW<br />

MAGAZINE AWARDS<br />

BEST TRADE FINANCE<br />

SOFTWARE VENDOR<br />

GTR MAGAZINE LEADERS IN<br />

TRADE AWARDS<br />

BEST SOFTWARE VENDOR<br />

TRADE FINANCE MAGAZINE<br />

AWARDS FOR EXCELLENCE<br />

MOST INNOVATIVE TRADE<br />

FINANCE SOLUTION<br />

FINANCIAL-I AWARDS<br />

Misys is at the forefront of the fi nancial software<br />

industry, providing the broadest portfolio of<br />

banking, treasury, trading and risk solutions available<br />

on the market. With 1,800 customers in 120<br />

countries our team of domain experts and partners<br />

have an unparalleled ability to address industry<br />

requirements at both a global and local level.<br />

Misys and the Misys “globe” mark are trade marks of the Misys group<br />

companies. Copyright© 2012 Misys. All rights reserved.<br />

MS0108<br />

Misys was formed by the merger of Misys with<br />

Turaz, which includes the award-winning Kondor+<br />

product line. Combined they are able to address<br />

all customer requirements across both the banking<br />

and trading book businesses. Misys is the trusted<br />

partner that fi nancial services organisations turn to<br />

for help solving their most complex problems.<br />

Find out more at www.misys.com

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