Misys, the global application software and services company, has expanded its range of online portal solutions across all areas of its portfolio. The first solutions to benefit from the portal technology will be in the areas of retail banking, lending and payments. These solutions join the Misys Trade Portal and Misys Cash Portal on the company’s portal technology.

Misys has claimed that it can now provide corporate and personal online banking solutions on a common portal technology platform to financial institutions looking to offer online tools for all their customers through a single sign-on. The technology is also expected to be extended in the future across all other Misys solutions, including Opics and Summit, bringing more benefits to customers.

Reportedly, it is integrated with reference data for online validation of BIC and IBAN and works alongside the Misys payments and financial messaging solutions.The Misys solution for retail online banking offers a secure internet portal through which personal banking customers can manage their accounts using a range of banking services and products, such as online statements, bill payments and fund transfers. It has been developed on the latest portal technology to provide an enhanced user experience and help to encourage more customers to self-service online.

Olivier Berthier, solutions director, Transaction Banking at Misys, said: “Our clients will be able to bring products to market more quickly once they start implementing our portal solutions. They can either license individual portal solutions for a specific business line or they can give their customers visibility of multiple accounts and transactions across trade finance, cash management, commercial and consumer lending businesses. The single sign on into the online portal will greatly increase the service they can provide their customers and vastly improve their adaptability to changing market.”