KBC selects SunGard for securities processing


Brussels -- Belgian bank KBC said in January it selected intelliMATCH from SunGard eProcess Intelligence, a unit of US software provider SunGard, for matching and reconciling trades.

KBC will implement intelliMATCH at its Brussels head office to reconcile cash and securities for both retail and capital markets transactions. This will enable it to import Swift messages as well as its own files.

Swift -- the Society for Worldwide Interbank Financial Telecommunication -- is an industry-owned

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