22 February 2018
Visit www.capgemini.com/worldreports

SunGard upgrades AvantGard Integrity

04 February 2010  |  3449 views  |  0 Source: SunGard

SunGard has announced a new release of its AvantGard Integrity treasury solution, helping customers drive best practices and straight-through processing related to counterparty risk, bank communications, payment processing and regulatory compliance.

The new version of SunGard's AvantGard Integrity offers FAS 157 compliance with the ability to automate the tracking, reporting and accounting in accordance with the standard, providing:
• Valuations based on credit risk adjustment for FX, debt, investments and derivative instruments.
• Credit-adjusted valuations for entity and counterparty positions, including market valuations unadjusted and credit-adjusted valuations across netting agreements.
• Full accounting based on FAS 157 rules, including option to post credit-adjusted valuation or the difference between the credit-adjusted valuation and the market valuation.

In addition, this latest release offers companies streamlined bank communication, with transaction processing and statement import with auditing and reporting capabilities. The new version of AvantGard Integrity also offers the ability to consolidate payment files to help reduce banking fees.

Customers of the new release of AvantGard Integrity will benefit from productivity and ease of use improvements, including support for handling large volumes of reconciliations, increased flexibility for automated reconciliations, functionality for bulk approvals and the ability to apply rules and priorities to bank transaction processing.

Erlend Asker, senior vice president, global treasury solutions for SunGard's corporations business, said, "The enhancements included in the new version of AvantGard Integrity reflect our ongoing commitment to help our treasury customers provide greater client flexibility, improve standardization and facilitate better integration. With this release SunGard aims to improve the upgrade experience by offering a standardized approach with packaged migration tools. This will help our customers improve access to their banking partners and treatment of short-term cash, automate compliance processing and reduce costs around processing payment files."


Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comvisit www.capgemini.com/worldreportsVisit http://info.nice.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
9744 views comments | 14 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
9322 views 3 | 8 tweets | 1 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8727 views comments | 13 tweets | 13 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
7240 views comments | 15 tweets | 26 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job