NEW YORK, N.Y. (August 2, 2005) — BISYS, a leading provider of outsourcing solutions for the financial services sector, today announced that its Health Savings Account (HSA) solution has been awarded HIPAA (Health Insurance Portability and Accountability Act) accreditation for both Security and Privacy from URAC, a Washington, DC-based healthcare accrediting organization that establishes quality standards for the healthcare industry. URAC's HIPAA Security and Privacy Accreditation standards require companies to establish policies and procedures to effectively manage ongoing security risks as well as enact necessary measures to safeguard Protected Health Information (PHI). Read more.

NEW YORK, N.Y. (July 19, 2005) — BISYS, a leading provider of outsourcing solutions for the financial services sector, today announced the formation of a new business unit focused on growth opportunities for financial services in nontraditional markets. The new line of business, BISYS Corporate Financial Solutions (CFS), offers services in the healthcare banking, corporate money management, retained asset and insured deposit markets. It is the culmination of work done over the past few years to expand and reengineer BISYS' traditional banking platform and to create scalable back-office services for selected segments of the financial services market. Read more.