Bank of Ningbo has successfully implemented a powerful trade processing solution at its Ningbo head office from Misys.

The bank has gone live on Misys Opics Plus - a comprehensive treasury and capital markets solution for front-to-back office, cross-asset processing of a wide range of financial instruments. The platform handles vanilla and complex derivatives, fixed income, and equity and treasury trades. The Misys solution will be used for a wide ranging number of functions including deposit and loan deal, fixed income deals, swap deals and foreign currency business. Significantly, it has allowed Bank of Ningbo to achieve the derivative financial product transaction business license granted by China Banking Regulatory Commission.

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