(Vocus) September 16, 2010
SunGard’s IntelliMatch solution suite, an enterprise-wide solution that streamlines processes for reconciliation, exception management, financial governance and archiving, has been accredited by SWIFT for the eleventh consecutive year. The SWIFTReady Reconciliation 2010 accreditation applies to the recently announced IntelliMatch solution suite version 9.0.
The latest SWIFT accredited release of SunGard’s IntelliMatch supports new 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. As a result, IntelliMatch can help customers gain improved operational efficiency, reduced operational risk, and enhanced scalability and performance.
Anthony Lavore, senior business development manager at SWIFT, commented, “In these challenging times, when there is growth in data complexity as well as in transaction volumes, our goal is to bring the financial community together to work collaboratively to shape market practice by defining standards. The SWIFTReady accreditation process uses stringent criteria to ascertain the accuracy, reliability and robustness of the reconciliation solution. The accreditation of SunGard’s IntelliMatch for the eleventh consecutive year underscores its strength in this industry.”
Jennifer Hanes, executive vice president for SunGard’s Ambit corporate banking business unit, said, “We are pleased to have our latest version of SunGard’s IntelliMatch Reconciliation solution accredited by SWIFT. This latest accreditation reaffirms our commitment to providing the best reconciliation solution for our customers. SunGard’s IntelliMatch is optimized to meet and exceed the performance requirements of financial institutions, helping provide faster reconciliation of high transactional volumes within shrinking operational processing windows.”
SWIFT 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 SunGard’s 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 http://www.sungard.com/intellimatch
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 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 exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit http://www.sungard.com.
Trademark Information: SunGard, the SunGard logo 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.