Press Releases
SunGard's AvantGard Receives Four Awards from Treasury Management International
December 14, 2009 — London, UK
SunGard’s AvantGard has been recognized for the eleventh consecutive year in Treasury Management International’s (TMI) 2009 Awards that highlight innovation and excellence in the treasury space. AvantGard received awards for proven results in the cash and liquidity management, customer services, payments and receivables categories.
The TMI awards are open to treasury and financial professionals around the world to recognize top performance in software applications and banking relationships. The 2009 awards recognize those suppliers who best understand the challenges that organizations are facing in the global treasury arena.
Robin Page, chief executive officer of TMI, said, “TMI is pleased to acknowledge SunGard with these accolades for the eleventh year in a row. The awards highlight the effectiveness of SunGard’s AvantGard solution in helping companies optimize working capital and emphasize SunGard’s strong reputation among treasurers and finance professionals worldwide.”
“We are proud to receive these awards from TMI and appreciate this acknowledgement of our work,” said Ken Dummitt, president of SunGard’s corporations business. “At SunGard, we believe in creating strong relationships with our customers to help them work across their ecosystem of buyers, suppliers, banks and other trading partners. By listening to and working closely with our customers, we help them improve efficiencies and connectivity through their financial supply chains, helping to create transparency into cash flow and risk.”
About SunGard’s AvantGard
SunGard’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.com
Trademark 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.