24 September 2017
Find out more

Itochu Enex selects SunGard Valdi and Stream Clearvision ASP services

21 May 2014  |  2629 views  |  0 Source: SunGard

Itochu Enex, a major Japanese energy provider, extends its technology outsourcing with SunGard's Valdi and Stream Clearvision ASP Services to help operate its front-to-middle office technology platform.

The agreement will also provide infrastructure for their commodities hedging business line in Asia-Pacific. With SunGard's hosted trading workstations, market access and middle office ASP account reporting services will remove the burden of operating and maintaining their commodities hedging platform. Itochu Enex will be better able to focus on its core business and provide increased value and expertise to its clients.

"When recently relocating offices, we integrated SunGard's Valdi ASP Services for our total commodities hedging solution, which is delivering a lower total cost of ownership to our operations. Since the software and infrastructure is managed by SunGard as a fully outsourced solution, it will help us reduce costs and administration of having multiple vendors, and therefore provide more resources for us to better serve our clients." - Tomohiro Akaishi, manager, Itochu Enex Co., Ltd.

"SunGard's Valdi and Stream Clearvision ASP Services helps remove the burden in terms of infrastructure and operational costs, freeing up Itochu Enex's people to focus on core customer business lines. With SunGard managing the application, hardware, leased lines and human resources supporting this solution, our customers can focus on revenue generation and core competencies." - Kiyoshi Niki, president, SunGard Japan

SunGard customers around the world are showing more confidence in moving to hosted, ASP, cloud and managed services solutions to support various platforms and functions. These outsourced solutions help reduce the investment that customers have to make in supporting infrastructure such as hardware and leased lines, and they also help relieve the burden of software upgrades and compliance updates, which are handled by SunGard. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.sibos.comvisit www.temenos.com

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
13368 views comments | 28 tweets | 44 linkedin
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
9682 views comments | 13 tweets | 28 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8579 views comments | 19 tweets | 27 linkedin
SBI Ripple Asia advances on South KoreaSBI Ripple Asia advances on South Korea
8325 views comments | 16 tweets | 1 linkedin
European Commission makes fintech a priority in supervisory shakeupEuropean Commission makes fintech a priori...
8064 views comments | 32 tweets | 45 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job