SunGard expands Asian operations

Part of the AvantGard suite, AvantGard Getpaid will allow companies to obtain an enterprise-wide view of cash and working capital across accounts receivable, accounts payable and treasury, while reducing operating costs, said SunGard.

Rachael Phelan, partner, risk advisory services at global consultancy KPMG, said: “Historically, credit operations are prone to inefficiencies due to a lack of integration and automation and, as a result, companies often experience high operating costs and poor performance in this area. Technology solutions may help companies increase cashflow and, when combined with appropriate business process changes, may reduce costs as well.

She added that an integrated approach to the order-to-cash cycle allows companies to leverage data, resources and collaboration technology to help improve working capital.

Meanwhile, SunGard has established a support team in Singapore dedicated to its commodity trading and risk management solution, Kiodex. The vendor has also added support in Singapore for Kiodex, derivatives trading suite Monis and risk management and derivatives pricing solution Reech, in Kuala Lumpur. These products will be supported in Malaysia by a hedge fund team headed by Mark Wightman, general manager and head of alternative investment at SunGard Asia-Pacific. The Kuala Lumpur support will focus on clients in Malaysia, Hong Kong, India and Australia.

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: