- vice president, product development
- SunGard’s AvantGard Corporations business
Kurt Vandebroek is vice president, product development for SunGard’s Corporations business. He is responsible for product management and business development of the AvantGard EcoSystem Communication Service and other strategic solutions within the AvantGard EcoSystem. He regularly speaks on the topics of corporate payments, SWIFT and connectivity at industry events. Mr. Vandebroek joined SunGard in 2006 and has focused on expanding the company’s payments organization in the US and Asia Pacific.
Mr. Vandebroek started his career as a consultant in cash management and electronic banking for a large European bank with a specialization in electronic banking projects for multinational clients. As an expatriate for the same bank, he was later involved in numerous strategic international projects in the US and Europe. He holds masters degrees in applied computer science and business engineering from the University of Brussels and the University of Limburg.
A recent study conducted by SunGard confirms a pressing need for simplified connectivity between corporations and banks: 30% of the corporations surveyed grossing $5 billion or greater rely on more than 20 cash management banks. This complexity is driving the demand for a single point of connectivity for bank communications. Further, corporations are looking for improved connectivity to other trading partners such as SWIFT, FX exposure management, alternative financing, money market portals, credit data providers, collection agencies and more.