Switzerland-based Bank Wegelin & Co has selected SunGard eProcess Intelligence's intelliMatch solution for the automatic processing, matching and reconciliation of cash nostro accounts, trades and holdings, FX and money market confirmations.
The system will enable the bank to access data feeds to perform external and internal account and system-to-system reconciliation for cash, securities and confirmations, on a single platform.
Matt Mandalinci, president, SunGard eProcess Intelligence, says: “Because intelliMatch is able to easily work with Wegelin & Co.’s data sources, the solution fits nicely within their existing IT infrastructure."