SunGard today announced the release of AvantGard Quantum 4.3, marking SunGard's continued development of its core treasury solutions.
New features include enhancements for Sarbanes-Oxley compliance (SOX), customer service and increased operational control and efficiencies.
The new version of AvantGard Quantum debuts "Dual Approvals of Static Data", which allows for multiple levels of approvals of changes to bank accounts, account definitions and other applications that directly affect internal audits and controls. Dual approvals help bring a higher degree of control to the enterprise with the ability to better track, manage and audit client operations, directly addressing compliance with SOX Section 404.
AvantGard Quantum 4.3 also includes features to help enhance customer service by bringing greater consistency and accuracy to the deployment of fixes, streamlining and automating the process of applying fixes and allowing the download of fixes from SunGard's AvantGard client services Web site.
The transition to ActiveX Data Objects has been achieved in AvantGard Quantum 4.3, which means that customers will no longer need to acquire third-party software for data access when using an Oracle database, helping reduce their total cost of ownership.
"We are very pleased to deliver the functionality in AvantGard Quantum that has been requested by our customers," said Ken Dummitt, president of SunGard's AvantGard business unit.