Walgreen Selects SunGard's AvantGard for Treasury Management
Walgreen has selected SunGard to deliver a comprehensive treasury, risk and cash management solution with managed bank connectivity and direct access to a short-term cash management portal. Walgreens will deploy the AvantGard Treasury solution in a private cloud environment with connectivity to AvantGard EcoSystem Communication Hub (Echos) for streamlined access to banks, SWIFT and associated bank communications services.
AvantGard Echos will provide Walgreens with bank connectivity through an integration and communication layer that interfaces to its in-house applications as well as the AvantGard Treasury solution. The complete SunGard solution will help Walgreens streamline communications and reduce costs associated with managing its more than 17 banking relationships.