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BankFusion Equation
Misys has been a trusted partner of ours for many years and we are confident that we have the right mix of solutions and support to ensure our business grows at minimal risk and maintaining a low total cost of IT ownership.
Building on decades of experience in bringing our customers the very best solutions to help them thrive in their chosen markets, our strategic approach with BankFusion means we are now truly able to leverage the full breadth of Misys knowledge gathered from working with the world’s foremost financial institutions.
The responsible evolution with BankFusion technology elevates Equation to the next level of agility and empowerment, building on the investment that both Misys and our customers have made in the functional strength of the solution.
BankFusion Equation brings you state-of-the-art technology and unique flexibility, rearchitecting Equation into an SOA environment. Based on the BankFusion platform, BankFusion Equation will enable you to:
• Launch new products and services quickly
• Respond rapidly to changes in the marketplace with a reduced turnaround time for changes to processes and products
• Reduced operational cost through increased efficiency, the code-generating feature that complies with Equation standards, and greater standardisation and automation
• Reduced risk and greater governance without removing the standards and processes you have already applied
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Overview
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Technical Specifications
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Downloads
The Misys BankFusion Equation solution is designed to offer existing customers the new features they need to remain competitive in the 21st Century, using the revolutionary BankFusion platform to deliver re-usable components. This brings you state-of-the-art technology and unique flexibility, reengineering Equation into an SOA environment.
BankFusion Equation builds on the capabilities of Equation and enhances the functionality with the game-changing development technology and platform provided by BankFusion. It covers a wide range of retail banking instruments such as lending, deposits, and payments in addition to supporting business and enterprise banking requirements including treasury and trade services.
It includes an integrated General Ledger application that can be used for bank-wide financial management or alternatively, can act as a product ledger and integrate with an existing enterprise GL solution.
The solution incorporates an innovative process capability to allow more flexible management of user interactions and the automation of greater levels of straight-through processing. The design supports 24x7 banking operations, removing any of the traditional systems constraints around user ‘down-time’ during end of day processing.
The BankFusion Equation Workbench lets you build new services as well as define your own screen flow. A service can be a single API, a combination of existing APIs, or your own green-field service. Each service that is built using the Workbench automatically conforms to the proven Equation standards, thereby respecting your environment and maintaining system integrity. When a Service is deployed within the Equation Desktop, you can define your own screen-flow, including the order in which the fields are presented, which fields are mandatory, optional or defaulted as well as what validation, over and above Equation standard validation, is applied.
The Workbench provides you with the flexibility you need to respond rapidly to changing markets, by letting you have access to the common components (APIs) and by including your own business rules, such as ensuring all critical data is captured by making fields mandatory for input, or by only making certain products available in certain currencies, whereby the user can only select from a list of valid currencies. All of this can be achieved in an intuitive and visual way through the use of wizards, tick boxes and drag-and-drop functionality.
When you have completed building the service, the Workbench will automatically generate the code as well as automatically package the service, so that it can be installed using standard Equation installation procedure – all saving valuable IT time. It combines existing functionality aligned with your own processes and business rules, completely integrated with your existing Equation environment, as well as being able to consume this service by other SOA applications and workflow engines.
Click the links below for associated downloads:
To see how Misys solutions can add value to your company contact:
UK: +44 20 3320 5000
USA:+1 212 898 9500
Email: banking.marketing@misys.com
