Plano Mayor Harry LaRosiliere heralded the arrival of a global banking software company to the city Wednesday.
LaRosiliere joined executives of Misys at a ribbon-cutting ceremony for the company’s new office at 6400 International Parkway.
Misys CEO Nadeem Syed said the new facility came online last week.
“Plano has seen an influx of big business names in recent years and offers a wealth of talent, so it is a natural base for us,” Syed said. “The need to move to a new office to accommodate our growing workforce really highlights the pace at which we are expanding our business. Investing in our new Texas base demonstrates our commitment to the region and our lending market solutions.”
The London-based company has 50 offices with 4,700 employees worldwide, but only one other office in North America – in New York. The company came to Texas after acquiring Richardson-based Custom Credit Solutions.
It has since grown its Texas base from 40 to 115 employees, according to Syed.
“We really liked the location, we were excited at the access to talent, business resources that were available,” he said. “It made sense to double down on this location.”
Misys provides banking software solutions to more than 90 banks in 50 countries, offering solutions for retail banking, lending and more.
“We provide the most comprehensive solutions set in the market,” Syed said.
The mayor said that while he cannot attend every ribbon-cutting in Plano given its continued business growth, Misys’ global presence made this week’s ceremony particularly significant.
“They are one of the leading financial software companies in the world, and their presence represents a huge growth opportunity,” LaRosiliere noted. “We love all our companies here in Plano, big and small.”
That Misys chose Plano to set up its second location on the continent speaks well of the city, he added.
“Part of what attracted them is the talented workforce we have here, which allows them to hire the best and brightest,” he said. “They have the talent pool to draw from, which allows them to grow. That, and I think Plano is a wonderful place to be.”