EcoSystem Connectivity: Banks
Working across the EcoSystem corporations need to connect the dots between a labyrinth of suppliers, buyers, banks and other trading partners. AvantGard aims to offer market neutral / vendor neutral connectivity to help companies connect systems, people and processes.
Treasury Messaging
AvantGard can help corporations meet these challenges by supplying a single communication channel for bank connectivity. In do doing, AvantGard interfaces with the multitude of back-office systems and then connects out via a secure SWIFT connection. The AvantGard Payments suite offers Treasury business process workflows which are based on industry ‘best practices’. The workflow for treasury payments includes business validations such as checking of BIC, is it present and correct. With flexible signing administration so that the Payment Approval controls meet your internal control policies.
SWIFTNet Connectivity
AvantGard offers several solutions aimed at helping corporations connect to SWIFT. The AvantGard SWIFT Connector, developed in close collaboration with SWIFT, offers corporations a cost-efficient and direct means of connecting to banks. Further, by connecting via the SunGard Service Bureau companies can reduce administrative costs associated with managing the SWIFT relationship.