SunGard Announces eTreasury.com' Service
SunGard Treasury Systems announced the launch of its treasury management Application Service Provider (ASP) offering, called eTreasury.com. eTreasury.com is an Internet-based treasury management service designed specifically for mid-tier corporations and government agencies allowing access to a full-range of sophisticated treasury functionality, traditionally only available to the ‘Global 2000.’ SunGard’s eTreasury.com automatically consolidates client treasury data across multiple bank accounts and services, thereby facilitating cash consolidation for payment and investment purposes. The ASP offering allows subscribers to avoid the expenses associated with installed software solutions, especially the engagement of scarce internal technical resources. eTreasury.com is available on a subscription basis and allows the client to specify the scope of use for its bank relationships, functionality and number of users. eTreasury.com will be available 24 hours day, 7 days week to any subscriber with Internet access and a standard browser.