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NIB Bank in Pakistan expands into new territories and improves treasury efficiencies with Misys

16 June 2014
Pakistan

Misys, the global leader in treasury and 

capital markets solutions, has announced today that NIB Bank in Pakistan has implemented 

Misys Opics Plus and Opics Risk Plus in its Treasury and Risk Department. NIB Bank 

needed to automate treasury processes for FX, money market, capital market and 

derivatives in its operations in Karachi, Pakistan. NIB Bank, headquartered in Karachi, is one 

of the largest banks in Pakistan and also one of the largest corporate entities of the country 

with a paid up capital of Rs. 103 billion. 

The advanced risk management and compliance tools from Misys will help NIB Bank to 

enhance the transparency of its operations. The solution gives a fully integrated treasury and 

capital markets solution with rich straight-through-processing, treasury and back-office 

functionality. Within the solution, an award-winning risk analytics engine enables risk 

managers to reduce the total cost of ownership of NIB Bank’s treasury and trading 

operations. 

Khurram Agha, CIO at NIB Bank states, "Expanding our collaboration with Misys offers us a 

full-fledged treasury solution that meets NIB Bank’s requirements. Misys Opics Plus and 

Opics Risk Plus Solutions will be seamlessly integrated with our core banking back-office 

system. This will enhance our treasury operations and keep our commitments to our 

customers and continue to offer them the best experience.” 

Commenting on the agreement, Fady Fiani, Head of Sales Middle East & South East Asia 

for Misys, adds, “We are delighted that NIB Bank has turned to Misys to provide it with a 

comprehensive solution to help mitigate operational and financial risk. We are confident that 

Misys Opics Plus and Opics Risk Plus solutions will help achieve NIB Bank’s goals, provide 

better customer engagement and increase profits. Misys solutions will help expand its asset 

coverage and reduce operational risk with better automation of regulatory reporting."

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