19 October 2017
Register now

SunGard receives SwiftReady Gold for Trade Finance

11 October 2004  |  1176 views  |  0 Source: SunGard eProcess Intelligence

SunGard eProcess Intelligence, an operating unit of SunGard (NYSE:SDS), announced today that it has been awarded its fourth SWIFT label, SWIFTReady Gold for Trade Finance. SunGard has already garnered the 2004 labels for SWIFTReady Gold for Cash and for Securities Reconciliation, and SWIFTNet Ready for Cash Reporting.

SWIFT annually recognizes solutions from independent software vendors according to their compliance with SWIFT standards, their efficient integration with the SWIFT environment, and their contribution to improving industry STP.

Tiger Cyber, SunGard's on-line trade finance solution, provides banks with white labeled, real-time processing of trade finance activities to their corporate customers. The solution's direct connectivity to SWIFT and its ability to process SWIFT messages associated with trade finance, such as direct collection, letters of credit, and payments messages, were key factors in achieving the SWIFTReady Gold status.

Commenting on the accreditation, Joel Ludvigsen, director of partner solutions at SWIFT, said, "We were pleased to award the SWIFTReady Gold label to Tiger Cyber for our trade finance category. This demonstrates SunGard's commitment to developing solutions that integrate efficiently within a SWIFT environment and improve processing efficiency for the benefit of our customers."

Matt Mandalinci, president of SunGard eProcess Intelligence, commented, "We are pleased with our latest accreditation from SWIFT. This makes four SWIFT labels in 2004, two of which we have achieved for four consecutive years. SWIFT’s recognition of SunGard’s products validates our commitment to providing our customers with business solutions that help improve their customer service and processing efficiency."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.sibos.comvisit www.fivedegrees.nlvisit www.niceactimize.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15766 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8927 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8017 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7121 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6272 views comments | 6 tweets | 3 linkedin

Featured job

New York, NY - USA (some flexibility on location)

Find your next job