PrivateBank goes live with Misys Opics

US-based PrivateBank, with 34 offices in 10 states, assets of more than $11 billion and total assets under management of $3.2 billion, has selected Misys Opics Plus to support its foreign exchange and interest rate derivatives business. The platform, deployed on a Software-as-a-Service (SaaS) basis, went live in less than five months using the Misys Quick Start implementation. According to Misys, PrivateBank will use Opics Plus as a key application for its front office, back office, accounti