Misys Opics Plus has expanded its Shariah footprint from Islamic Finance requirements to global Islamic Treasury capabilities. Opics Plus Islamic Treasury services not only a growing and liquid niche market that is rapidly expanding globally but it delivers an opportunity to trade Treasury instruments based on the ethical merits of Shariah compliancy.  The solution also provides an effective mechanism to address liquidity management and investment opportunities within the evolving Islamic Retail space.

Opics Plus Islamic Treasury leverages the robust Opics Plus Treasury capabilities to manage the full life cycle of following Sharia instruments:

• International Commodity Murabaha
• Reverse Murabaha
• Wakala (Deposit)
• Al Tawarruq
• Sukuk
• FX Spot
• Placement
• Borrowing

The solution delivers:

• Delivers 'out of the box', robust functionality
• Sharia compliance
• Mitigates and manages risks
• Streamlined operations to enable financial institutions to better service their clients

Opics Plus Islamic Treasury is an integrated component of the overall Misys Islamic Banking Solution which offers a unique value proposition to the Islamic banking and finance industry through its comprehensive integrated Core Banking, Finance and Treasury and Capital Markets platform. Misys Islamic Banking Solution is a Sharia compliant solution flexible enough to address the evolving challenges of the Islamic Banking and Finance industry.

This solution is Sharia Compliant and has the robustness and flexibility enabling the Islamic banks to address the challenges which are:

• Running banks’ businesses in more predictable fashion
• Addressing the continuous developments of the Islamic banking industry
• Enforcing Sharia compliance
• Complying with regulatory requirements
• Managing and mitigating risks
• Increasing profitability
• Enhancing Clients’ serviceability levels.

Misys Islamic Banking Solution embodies design concepts which reflect the needs of the banking community for broad function, ease-of-use and flexibility in defining new products. It recognizes the increasingly international nature of banking, as it is a multi-language, multi-currency system, able to meet a full range of international banking requirements.

Misys Islamic Banking Solution has the flexibility and powerful functionality to combine retail banking, corporate banking and treasury operations as one integrated system. This enables the banks to consolidate information, analyze trends and operations, and provides comprehensive management information and reporting to support all operations within the bank.

Misys Islamic Banking is very flexible and parameter-driven. A wide range of functionality is built-in, and parameters are used to define and implement processing options. The main advantage of the solution is its out of the box functionality and being quickly adaptable to the bank's needs, at low cost.

Opics Plus Islamic Treasury Fact Sheet