BNP Paribas chooses SunGard for reconciliation

BNP Paribas chooses SunGard for reconciliation

BNP Paribas' corporate and investment banking group, has selected SunGard eProcess Intelligence's intelliMatch software for matching and reconciliation.

The French bank already successfully employs SunGard eProcess Intelligence's intelliMatch in their Dublin, New York, London and Singapore branches.

New installations and extended use of intelliMatch will begin in Tokyo, Hong Kong and other branches in Asia, America and Europe.

According to Denis Rousseau, co-head of IT for corporate and investment banking, the SunGard eProcess Intelligence software suite provides a global standard for Nostro and securities. It also provides BNP with generic matching capabilities.

He says: "Another attraction to the intelliMatch solution was the ability for us to deploy individual branch installations while moving towards a regional hub model - mirroring our own IT strategy precisely."

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