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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 VqsfXXDCRE3YVqyliVaGHs7GlVj0L6bDg69rJaIljxWz2/RxRCwBAlUiT3J/EnRP
 TMf+vUPJ8gyXMeOtaw9ZkQ==

<SEC-DOCUMENT>0000919574-07-003638.txt : 20070807
<SEC-HEADER>0000919574-07-003638.hdr.sgml : 20070807
<ACCEPTANCE-DATETIME>20070807160716
ACCESSION NUMBER:		0000919574-07-003638
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070801
FILED AS OF DATE:		20070807
DATE AS OF CHANGE:		20070807

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BISYS GROUP INC
		CENTRAL INDEX KEY:			0000883587
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200]
		IRS NUMBER:				133532663
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		105 EISENHOWER PARKWAY
		CITY:			ROSELAND
		STATE:			NJ
		ZIP:			07068
		BUSINESS PHONE:		973-461-2500

	MAIL ADDRESS:	
		STREET 1:		105 EISENHOWER PARKWAY
		CITY:			ROSELAND
		STATE:			NJ
		ZIP:			07068

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OKUMUS CAPITAL LLC
		CENTRAL INDEX KEY:			0001157489
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31254
		FILM NUMBER:		071031729

	BUSINESS ADDRESS:	
		STREET 1:		850 3RD AVENUE
		STREET 2:		10TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2122012650

	MAIL ADDRESS:	
		STREET 1:		850 3RD AVENUE
		STREET 2:		10TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OKUMUS AHMET H
		CENTRAL INDEX KEY:			0001127685

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31254
		FILM NUMBER:		071031730

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2122012650

	MAIL ADDRESS:	
		STREET 1:		850 THIRD AVENUE
		STREET 2:		10TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p799468_ex.xml
<DESCRIPTION>OKUMUS/BISYS
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-08-01</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000883587</issuerCik>
        <issuerName>BISYS GROUP INC</issuerName>
        <issuerTradingSymbol>N/A</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001127685</rptOwnerCik>
            <rptOwnerName>OKUMUS AHMET H</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>850 THIRD AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>10TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001157489</rptOwnerCik>
            <rptOwnerName>OKUMUS CAPITAL LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>850 3RD AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>10TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Ordinary Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2007-08-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>13215143</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These securities were acquired on August 1, 2007 by a subsidiary of Citibank N.A. (&quot;Citi&quot;) pursuant to a merger agreement
 between Citi and BISYS Group Inc. (&quot;BISYS&quot;) under which Citi acquired all of the outstanding shares of BISYS and BISYS
 shareholders, including the Reporting Persons, received $12.00 in cash per shares, consisting of $11.85 per share paid by
 Citi at the closing of the acquisition and a special dividend of $0.15 per share in cash paid by BISYS.</footnote>
        <footnote id="F2">These securities may be deemed to be beneficially owned by Okumus Capital, LLC (&quot;Okumus&quot;), which serves as the investment
 manager to private investment vehicles and separately managed accounts, and Ahmet H. Okumus, the managing member of Okumus.
 Each such Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its
 pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial
 owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other
 purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Ahmet H. Okumus</signatureName>
        <signatureDate>2007-08-07</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Okumus Capital, LLC, By: /s/ Ahmet H. Okumus, Managing Member</signatureName>
        <signatureDate>2007-08-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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