SunGard gets SwiftReady Gold for reconciliation

Source: SunGard

SunGard today announced that intelliMATCH, its real-time matching and reconciliation solution, has been awarded SWIFTReady Gold Accreditation for Reconciliation for the eighth consecutive year.

Part of SunGard's Straight-Through Enterprise Processing (STeP) offering, intelliMATCH provides a robust matching engine and common platform for the reconciliation of multiple instruments including cash transactions, OTC derivatives, securities positions and movements, and trade confirmations and advices.

Patrik Neutjens, head of partner management at SWIFT, commented, "We are very pleased to once again award intelliMATCH with SWIFTReady Gold Accreditation. SunGard continues to provide the industry with solutions that meet SWIFT's strict guidelines for standardization, thereby gaining accreditation year after year. The availability of SunGard applications supporting SWIFT's XML standards and connectivity to SWIFTNet is key in helping to ensure that the industry derive true benefit from our SWIFTSolutions."

Tom King, president of SunGard's STeP business unit, said, "We work closely with SWIFT and member banks to help define and implement messaging standards for the financial services industry. Our annual SWIFT accreditation therefore underlines our continued commitment to delivering high quality solutions that help to automate transaction management for banks, securities firms and corporations."

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