MSI Upgrades Risk Control with SunGard
|
Mitsubishi Securities has implemented the SteP intelliMATCH software from SunGard. The software is to be used in controlling operational risk and achieve processing efficiencies. MSI has upgraded from another SunGard product, intelliMATCH. STeP intelliMATCH was released in March 2005. Other facilities in STeP intelliMATCH include matching and reconciliation, exception processing, liquidity management and customer service solutions. MSI will use in-house ledger systems to produce cash requirement projection reports and securities reporting. Cash and securities transactions will be tracked at each stage. Chris Dowd, head of process control at MSI, commented, "We are excited to be one of the early adopters of STeP intelliMATCH, for matching and reconciliation. By implementing STeP intelliMATCH we help enhance the operational risk control and processing efficiencies that intelliMATCH provided. We see value in the new platform's enhanced scalability and efficiencies from multi-tier, Web-based architecture in supporting the real-time processing of our high transaction volumes." Tom King, president of SunGard's STeP business unit, commented, "MSI's enthusiasm, expertise, and vision for improving efficiency and control in its transaction processing made it an excellent candidate to partner with SunGard. MSI's selection of STeP intelliMATCH underlines our commitment to providing our customers with new solutions that support evolving business and technology requirements."
|
Related Articles
Similar Areas Selected Books Keywords straight-through enterprise processing
|