ABN Amro Futures has selected SunGard Business Integration's Mint product to automate end-to-end trade processing across its operations.
ABN Amro Futures currently operates SunGard's GMI for back-office processing, clearing and settlement of exchange-traded derivatives. Under the new agreement, SunGard will provide the internal integration and external gateway connectivity for the bank, building a highly automated and consolidated workflow environment based on the Mint Knowledge Broker, Mint Knowledge Manager and the Mint SwiftNet Gateway.
Marc Huglin, head of operations at ABN Amro Futures, says to accommodate increasing volumes the bank needed to establish a robust STP messaging solution that would allow it to migrate from manual trade processing to a more automated process, thereby offering its clients improved service, accuracy and consistency.
"Mint technology provided us with the most robust and cost-effective solution enabling us to meet our objectives. ABN Amro’s existing relationship and confidence in SunGard’s proven technology also influenced our vendor selection,” adds Huglin.