ABN AMRO and SunGard Announce Strategic Alliance
A new strategic alliance will offer SunGard’s corporate clients direct access from their treasury management systems to ABN AMRO’s cash management services. The integration of SunGard’s eTreasury eXchange (eTX) secure messaging network and the ABN AMRO GlobalGateway service will help treasurers of international businesses achieve efficient straight-through processing for a range of payment and reporting services, said the SunGard. ‘Given the strong overlap of our client base, this relationship will ensure that we are providing our clients with the most convenient and efficient access to manage their treasury needs today and into the future. We have already received strong response to this new service across all regions,’ stated John Gibbons, global head of sales, ABN AMRO, Working Capital.