SunGard Launches Trade Approval Mobile Application
SunGard has added a mobile trade authorisation capability to the SunGard Global Network (SGN) short-term cash management portal. The SGN mobile application helps treasurers improve their management of liquidity by facilitating the necessary trade approval on money market investments using a smartphone or tablet.
SGN short-term cash management portal is a global compliance, trading and research solution for institutional cash investors. The portal’s mobile, dual-authorisation capability helps treasurers enhance liquidity by partaking in investment opportunities within needed timeframes regardless of their location, while meeting the organisation’s security, audit and compliance requirements.
“Adding mobility to the management and authorisation of trades increases processing and workflow flexibility. Expanding SGN’s web-based dual-control capability to the mobile channel will help treasurers capitalise on opportunities, improve efficiency, and improve transparency around trade workflows” said Bob Ward, chief operating officer (COO) of SunGard’s wealth management business.