Press Releases
SunGard's IntelliMatch Solution Suite Accredited with SWIFTReady Reconciliation Label for Twelfth Consecutive Year
September 20, 2011 — Toronto, Canada
SunGard’s IntelliMatch solution suite, an enterprise-wide solution that streamlines processes for reconciliation and exception management, payment investigation, trending and analysis, and report and document archiving, has been accredited by SWIFT for the twelfth consecutive year and awarded the SWIFTReady Reconciliation 2011 label.
The SWIFT accredited version 9.1 of SunGard’s IntelliMatch solution supports multiple transaction types, delivers analytical tools to drive continual process improvement, supports intraday reconciliation to enable real-time visibility, and scales to handle higher transaction volumes. The solution helps financial institutions improve operational efficiency, reduce operational risk and enhance scalability and performance.
Filip Versluys, head of partner management at SWIFT, commented: “The SWIFTReady accreditation process is a vigorous testing operation where we use stringent criteria to ascertain that the reconciliation solution accurately and reliably meets SWIFT standards, messaging services and connectivity requirements. With an accredited solution, customers can be confident that they are conducting their business in accordance with the industry benchmark. SunGard’s solution has been accredited for the twelfth consecutive year, highlighting its continued commitment to satisfying the standards established by the global financial services industry.”
Jennifer Hanes, executive vice president, reconciliations, for SunGard’s Ambit Corporate Banking business unit, said, “We are extremely proud to again achieve SWIFT accreditation, which we see as a testament to our dedication to support the most current industry standards. SunGard’s IntelliMatch solution suite helps meet the diverse reconciliation and exception management, payment investigation, trending and analysis, and report and document archiving needs of financial institutions across all lines of business to help reduce cost and risk while improving performance and efficiency.”
About IntelliMatch
SunGard's IntelliMatch is an enterprise reconciliation, exception management and archiving solution suite for financial institutions. IntelliMatch helps customers increase operational efficiency and reduce operational risk by allowing them to proof cash and positions; manage the financial close; reconcile derivatives, margin and collateral; match ATM and FX transactions; perform inter-system reconciliations, and resolve payment investigations. For more information, visit www.sungard.com/intellimatch.
About SunGard
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves more than 25,000 customers in 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 of about $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company.
Trademark Information: SunGard, the SunGard logo, Ambit and IntelliMatch 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.