SunGard Treasury Systems Expands Asia Pacific Presence With New Tokyo Office

SunGard Treasury Systems (STS) has announced the opening of its new Tokyo office, expanding its presence and reinforcing its commitment to Asia Pacific-based clients. SunGard Treasury Systems, Calabasas, California, USA, operates regional headquarters in London and Sydney, in addition to 19 regional offices in 10 countries on five continents. STS said establishing a presence in Japan is key to meeting the needs of large internationally-focused corporations, government agencies and financial institutions. Until now, Japan-based clients have been served primarily by the Sydney and Christchurch, New Zealand offices of STS. Ken Dummitt, president, SunGard Treasury Systems, said: ‘Historically, internationally-focused corporations and financial service providers based in Japan, were able to operate their treasury activities efficiently using in-house developed technology. As these systems begin to age, and new international accounting policies, designed to protect shareholders and employees alike, are adopted, treasury solution providers become a much more viable and sagacious choice within the Asia Pacific market.’

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