SunGard's IntelliMatch Operational Control solution suite, an enterprise-wide solution that streamlines processes for reconciliation and exception management and payment investigation, has been accredited by Swift for the thirteenth consecutive year and awarded the SWIFTReady Reconciliation 2012 label.
SunGard's IntelliMatch Operational Control supports multiple transaction types, delivers analytical tools to help drive continual process improvement, supports intraday reconciliation to enable real-time visibility, and scales to handle higher transaction volumes. The SWIFT accredited version 9.1 of IntelliMatch Operational Control helps financial institutions deploy enterprise matching and reconciliation solutions to support business and operational growth. This is achieved through rapid on-boarding of new reconciliations, consolidation of reconciliation infrastructure and processes helping lower total cost of ownership, and optimization of resources, rules and business processes helping create greater efficiency.
Filip Versluys, head of partner marketing at SWIFT, commented: "The SWIFTReady accreditation process uses stringent criteria to help ensure that a reconciliation solution accurately and reliably meets SWIFT standards, messaging 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 IntelliMatch Operational Control has been accredited for the thirteenth consecutive year, highlighting its continued commitment to satisfying the standards established by the global financial services industry."
Jennifer Hanes, executive vice president for SunGard's Operations business, said, "Our SWIFTReady Reconciliation accreditation is testament to our support of today's industry standards. This is important for the financial industry, which is placing increased emphasis on reconciliation - driven by new regulation, the need for greater transparency of business processes and operational cost pressures. SunGard's IntelliMatch Operational Control helps meet today's increasingly diverse reconciliation requirements by automating and consolidating operational processes to support future growth and helping reduce costs."