SunGard wins five SwiftReady accreditations

SunGard wins five SwiftReady accreditations

SunGard has garnered five SwiftReady labels for its straight-through processing solutions, the most for a technology vendor, for the second consecutive year.

SunGard's Omni IC and Mint solutions have achieved SwiftReady gold accreditation, and intelliMatch has achieved SwiftReady gold status twice, both for reconciliation and for payments. Global Plus has achieved SwiftReady silver status.

SwiftReady labeling, introduced in 1998, provides a formula for benchmarking third party products that interact with messages that flow over the Swift network. The labels identify products that are Swift-compliant, integrate efficiently in a Swift environment, increase traffic automation and improve straight-through processing (STP).

Victor Abbeloos, head of partner solutions, Swift, says: "Swift is recognising - through the several gold and silver SwiftReady labels - the value SunGard applications offer our joint customers. Swift is looking forward to continuing this cooperation with SunGard to bring a new series of SwiftNet enabled solutions to the market."

SunGard's Omni IC is an online, real-time, multi-platform system for domestic, regional or custody accounting and services.

SunGard's intelliMatch is a robust matching engine that provides a common platform for the reconciliation of multiple instruments including cash accounts, securities positions and movements, trade confirmations and advices, and performs exception processing.

The Mint Knowledge Family is a comprehensive set of components for complete business integration. Global Plus is an integrated accounting platform used by global custodians and asset management institutions to profitably manage their high net worth and pension account clients.

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