SWIFT to acquire Ambit Messaging Hub Assets from SunGard in a move that strengthens the relationship between both entities

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Published on July 19, 2010

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19 July, 2010

Lázaro Campos, CEO of SWIFT

Ken Dummitt, President of SunGard’s AvantGard business unit

 

 

About SWIFT

SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect to over 9,400 banking organisations, securities institutions and corporate customers in 209 countries. SWIFT enables its users to exchange automated, standardised financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest.

For more information, please refer to our websitehttp://www.swift.com/

About SunGard's AvantGard

SunGard’s AvantGard is a leading liquidity management solution for corporations, insurance companies and the public sector. AvantGard provides chief financial officers and treasurers with real-time visibility into cash flows and increased operational controls around receivables, treasury and payments. AvantGard helps companies drive free cash flow and reduce inefficiencies across the EcoSystem of suppliers, buyers, banks and other trading partners.

For more information, visithttp://www.sungard.com

About SunGard

SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher 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 exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company.

For more information, visitwww.sungard.com

Trademark Information: SunGard, the SunGard logo, and AvantGard are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

SWIFT (and the SWIFT logo) is protected as a trade name and registered as a trademark in many countries. SWIFTAlliance is also registered as a trademark on an extensive basis worldwide.

 

News Source : SWIFT to acquire Ambit Messaging Hub Assets from SunGard in a move that strengthens the relationship between both entities