18 Feb 2004, Saima Farooqi, Risk magazine
The system will also support PNB’s future plans for building its retail fixed-income business.
“Following a stringent evaluation process of three vendors over a seven-month period, our bank concluded that Misys best fulfilled all our requirements for functionality, local track record, strong and reliable support, and the ability to provide a localised Filipino solution,” said PNB’s executive vice-president and treasury head, Asterio Favis.
Opics offers features that comply with the specific requirements of both local financial institutions and the central bank in areas such as taxation and reporting.
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