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SunGard has unveiled IntelliMatch Enterprise Management Studio especially for financial institutions. Projected reconciliation outcomes for all reconciliations throughout the operational landscape can now be recorded by the Studio. Performance against these records can be tracked and assessed both, immediately and periodically, resulting in speedy response to irregular events influencing reconciliation service quality and expense.

In a statement, Gert Reaves, senior analyst, CEB TowerGroup, said, "A reconciliation inventory documents the target behavior for a reconciliation service, but few firms are effectively capturing this critical information. Even fewer are able to provide centralized monitoring across their inventory. Fewer still have automated or systemic processes to support or optimize these activities. Firms need to addresses the importance of reconciliation services to maintain, monitor and optimize their reconciliation inventory; helping ensure that service quality and efficiency reach and retain highest levels."

According to Richard Chapman, director of product management for IntelliMatch at SunGard, reconciliation centers of excellence inside financial institutions act like service providers accountable for providing numerous and intricate sets of processes every day across the globe.

Chapman said, "As service recipients, lines of business will measure the performance and quality of this activity: not only its cost-effectiveness but also its ability to deliver the right processes, with great precision, at the expected time. The launch of SunGard's IntelliMatch Enterprise Management Studio helps financial institutions tackle the three main challenges of fragmentation, delivery quality, and enterprise efficiency, to ultimately meet their goals of process optimization, raised service levels and operational cost reduction."

SunGard Financial Systems offers innovative software and services to institutions in nearly all divisions of the financial services industry. These systems mainly computerize the countless comprehensive processes linked with trading, managing investment portfolios and accounting for investment assets. The processing pre-requisites of a wide array of users inside financial services, like asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents, are resolved by these solutions. The organization also delivers professional services that concentrate on application deployment and incorporation of these offerings. The organization also offers services related to customized software development.