<PAGE> 1
Rule 424(b)(3)
Registration No. 333-81013
THE BISYS GROUP, INC.
SUPPLEMENT NO. 2 TO PROSPECTUS
DATED JULY 1, 1999
This supplement no. 2 supplements the prospectus dated July 1, 1999
covering shares of common stock of The BISYS Group, Inc. offered by the selling
stockholders listed in the prospectus.
Information contained in the table on page 11 of the prospectus under
the heading "Selling Stockholders" is modified, as follows:
<TABLE>
<CAPTION>
<S> <C> <C> <C>
COMMON STOCK BENEFICIALLY COMMON STOCK BENEFICIALLY
SELLING OWNED PRIOR TO OFFERING MAXIMUM AMOUNT OFFERED OWNED AFTER OFFERING
STOCKHOLDER HEREBY
AMOUNT/PERCENT
Gregory Brumbeloe 4,321(1) 2,156(1) 2,165-(2)
Bear, Stearns Securities Corp.
2,156(1) 2,156(1) 0 -(2)
</TABLE>
Dated: December 20, 1999
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(1) Includes 2,165 shares which can be acquired by Mr. Brumbeloe if he exercises
presently exercisable stock options. Mr. Brumbeloe beneficially owned 4,321
shares of BISYS common stock as of the date of this supplement. He has pledged
2,156 shares to Bear, Stearns Securities Corp. to secure obligations he may have
to the pledgee. Bear, Stearns Securities Corp., as pledgee, may offer and sell
up to the 2,156 shares from time to time.
(2) Less than 1%.
