Press Releases
SunGard’s AvantGard Awarded Three SWIFTReady Labels
September 16, 2009 — Hong Kong
SunGard’s
AvantGard, a leading liquidity management solution for corporations, insurance companies and the public sector, has been awarded three SWIFTReady labels for 2009. For the third consecutive year, SunGard’s AvantGard Payments solution has been awarded the SWIFTReady Accreditation for Corporates Treasury and the SWIFTReady Accreditation for Corporates Cash Management. Additionally, SunGard’s AvantGard Treasury solution has been recognized with the SWIFTReady Accreditation for Corporates Treasury.
Anthony Lavore, partner manager at SWIFT, commented: “SWIFTReady Accreditations are awarded exclusively to SWIFT solution partners that deliver high quality services and products to their customers, while acting in accordance with the highest professional standards. Three SWIFTReady Accreditations is a great achievement. The availability of SunGard applications that support SWIFT’s XML standards is key to helping ensure that customers derive the maximum benefit from SWIFT solutions and are able to connect all their systems, processes and people.”
C.J. Wimley, executive vice president of corporate solutions for SunGard’s AvantGard business unit, commented: “Corporations are facing increasing pressures to optimize transaction processing, achieve connectivity and maintain compliance with regulatory standards. We have collaborated closely with SWIFT to offer our corporate customers payments and treasury solutions that are based on the highest messaging standards. We are very proud of this accreditation - it clearly demonstrates SunGard’s commitment to delivering solutions that help our customers achieve connectivity across the ecosystem of buyers, suppliers, banks and other trading partners.”
About SWIFTSWIFT is a member-owned cooperative that provides the communications platform, products and services to connect over 8,500 banking organizations, securities institutions and corporate customers in 209 countries. SWIFT enables its users to exchange automated, standardized financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest.
About AvantGardSunGard’s AvantGard is a leading liquidity management solution for corporations, insurance companies and the public sector. AvantGard provides chief financial officers and treasurers with real-time visibility into cash flows and increased operational controls around receivables, treasury and payments. AvantGard helps companies drive free cash flow and reduce inefficiencies across the ecosystem of suppliers, buyers, banks and other trading partners. For more information, visit
www.sungard.com/avantgard.
About SunGard SunGard is one of the world’s leading software and IT services companies. SunGard serves more than 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software.
With annual revenue exceeding $5 billion, SunGard is ranked 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented six times. For more information, please visit SunGard at
www.sungard.com.
*January 2009 Technology Vendors Financial Database Tracker
http://www.datamonitor.comTrademark Information: SunGard, the SunGard logo and AvantGard are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.