SunGard is SWIFT-accredited 12 September 2013New York Reporter: Georgina Lavers
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SunGard’s IntelliMatch Operational Control and SunGard’s XSP have attained the SWIFT Certified Application Reconciliation and Corporate Actions labels for 2013, respectively.
This is the fourteenth year that IntelliMatch Operational Control and ninth year that XSP have received the accreditations.
Following extensive testing and message validation, the SWIFT accreditations were awarded in recognition of the SunGard solutions’ ability to accurately and reliably adhere to a stringent set of criteria linked to the support of SWIFT messages and connectivity.
“Awarding SunGard’s IntelliMatch Operational Control and XSP with the SWIFT Certified Application Reconciliation and Corporate Actions labels is testament to the strength of these solutions,” said Filip Versluys, head of partner marketing at SWIFT.
“SunGard has earned this accreditation by demonstrating its ongoing commitment to investing in its technology, embracing best practices and meeting the growing requirements of its global customers.”
“Today’s global financial institutions are faced with high volumes and increasingly complex corporate actions announcements," said Brendan Farrell, Jr., executive vice president of XSP.
"By supporting SWIFT ISO 20022 and other initiatives that advocate standardisation, XSP helps customers reduce risks and improve STP rates for this highly specialised area of operations.”
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