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UNITED STATES : SunGard Launches Trade Approval Mobile Application for SGN Short-Term Cash Management Portal [TendersInfo (India)]
(TendersInfo (India) Via Acquire Media NewsEdge) SunGard has added a mobile trade authorization capability to the SunGard Global Network (SGN) Short-Term Cash Management portal. The SGN mobile application helps treasurers improve their management of liquidity by facilitating the necessary trade approval on money market investments using a smartphone or tablet. SGN Short-Term Cash Management portal is a global compliance, trading and research solution for institutional cash investors.
Given the expedient nature of money market funds and short-term cash investments, it is crucial for treasurers to meet deadlines on trades that typically require two levels of authorization. The SGN Short-Term Cash Management portal s mobile, dual-authorization capability helps treasurers enhance liquidity by quickly partaking in investment opportunities within needed timeframes regardless of their location, while meeting the organization s security, audit and compliance requirements.
Bob Ward, chief operating officer of SunGard s wealth management business, said, Adding mobility to the management and authorization of trades increases processing and workflow flexibility. Expanding SGN s Web-based dual-control capability to the mobile channel will help treasurers capitalize on opportunities, improve efficiency, and improve transparency around trade workflows.
About the SunGard Global Network A trade automation and connectivity solution, the SunGard Global Network links institutions throughout the financial services value chain, offering services for equities, fixed income, listed derivatives, mutual funds, money market funds and other cash equivalents. SGN helps automate the entire trade lifecycle, from order execution through to post-trade processing.
About SunGard SunGard is one of the world s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $4.5 billion, SunGard is the largest privately held software and services company and was ranked 434 on the Fortune 500 in 2011.
(c) 2012 Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company
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