17 August 2017
visit www.avoka.com

Handelsbanken Markets deploys intelliMatch Confirmations Module

11 October 2004  |  1700 views  |  0 Source: SunGard eProcess Intelligence

SunGard eProcess Intelligence, an operating unit of SunGard (NYSE: SDS), today announced that Handelsbanken Markets has extended its use of intelliMATCH, SunGard's real-time matching and reconciliation solution, by implementing the intelliMATCH Confirmations Module.

Based in Stockholm, Handelsbanken Markets has been using intelliMATCH since 2001 for the matching of cash accounts, securities holdings, and nostro transactions. The bank, which processes almost 20,000 transactions each day, has replaced its confirmations matching system and is now using intelliMATCH for the majority of its reconciliations.

"The consolidation of our reconciliation processes on a single platform helps reduce our total cost of ownership and improve operational efficiencies. It is important to have accurate confirmations matching, and having a single solution for most of our reconciliation processing helps achieve greater control over transactions and helps improve operational risk, as we are able to define the matching requirements in line with our best practices. Plus we are able to add more business volume with less staff," commented Lars Hellqvist, IT manager of trading services.

"We are pleased that our customers see benefits from our solutions. We are committed to providing our customers with best-of-breed solutions that meet and exceed their business needs," commented Matt Mandalinci, president of SunGard eProcess Intelligence.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.niceactimize.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10224 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9564 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9388 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8402 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7882 views comments | 1 tweets | 2 linkedin

Featured job

£100-120K Basic dependent on experience plus subst...
London

Find your next job