New York, NY (PRWEB) February 13, 2012
SunGard has added a mobile trade authorization capability to the SunGard Global Network (SGN) Short-Term Cash Management portal. The SGN mobile application helps treasurers improve their management of liquidity by facilitating the necessary trade approval on money market investments using a smartphone or tablet. SGN Short-Term Cash Management portal is a global compliance, trading and research solution for institutional cash investors.
Given the expedient nature of money market funds and short-term cash investments, it is crucial for treasurers to meet deadlines on trades that typically require two levels of authorization. The SGN Short-Term Cash Management portal’s mobile, dual-authorization capability helps treasurers enhance liquidity by quickly partaking in investment opportunities within needed timeframes regardless of their location, while meeting the organization’s security, audit and compliance requirements.
Bob Ward, Chief Operating Officer of SunGard’s wealth management business, said, “Adding mobility to the management and authorization of trades increases processing and workflow flexibility. Expanding SGN’s Web-based dual-control capability to the mobile channel will help treasurers capitalize on opportunities, improve efficiency and improve transparency around trade workflows.”
For information on SunGard’s other mobile applications, see WealthStation Mobile Meeting and Ambit MyMoney.
About the SunGard Global Network
A trade automation and connectivity solution, the SunGard Global Network links institutions throughout the financial services value chain, offering services for equities, fixed income, listed derivatives, mutual funds, money market funds and other cash equivalents. SGN helps automate the entire trade lifecycle, from order execution through to post-trade processing. It facilitates trading on over 120 markets worldwide and links more than 2,000 asset managers with over 530 brokers, as well as interconnecting with major third-party order-routing networks. SGN’s international connectivity hubs also support low-latency market data delivery from global markets.
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, 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 $4.5 billion, SunGard is the largest privately held software and services company and was ranked 434 on the Fortune 500 in 2011. Look for us wherever the mission is critical. For more information, please visit http://www.sungard.com.
For more information, email sungardpr(at)sungard(dot)com.
SGN Brokerage Services offered in the United States and Canada are provided by SunGard Institutional Brokerage Inc., Member FINRA/SIPC
SGN Brokerage Services offered throughout Europe, the Middle East, Africa and Asia Pacific are provided by SunGard Global Execution Services Limited which is authorised and regulated by the Financial Services Authority, No. 469919 • Incorporated and registered in England and Wales No. 3127109 • Registered Office: 25 Canada Square, London E14 5LQ.
SunGard Global Execution Services Limited (ARBN No. 132 508 742) is exempted from licensing under Australia Securities & Investments Commission Class Order 03/1099 and is regulated by the Financial Services Authority under UK laws, which differ from Australian laws.
Trademark Information: SunGard, Ambit, WealthStation and the SunGard logo and the SunGard Global Network 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.