AvantGard-ETX Gives Direct Access to Danske Cash Management
SunGard Treasury Systems and Danske Bank have formed a strategic partnership that will provide SunGard’s customers with direct access from their AvantGard treasury management systems to Danske Bank’s cash management services. AvantGard-ETX provides a secure real-time connection to help customers benefit from internet-enabled straight-through processing (STP). AvantGard-ETX helps corporations, in association with its exchange partners, to achieve a holistic view of all global cash positions in real time. The integration of the AvantGard-ETX secure messaging network and Danske Bank’s range of cash management services will help treasurers in the Nordic region to achieve internet-enabled STP for a variety of payment and reporting services.