RFP News

SunGard's AvantGard To Help Automate Treasury, Cash & Debt Management At Revera Inc.

Published on 26 Jan 2012

SunGard’s AvantGard Treasury has been selected to help automate treasury, cash and debt management at Revera Inc., a leading provider of seniors’ accommodation, care and services. The AvantGard Treasury solution will be implemented using a Software-as-a-Service (SaaS)-based deployment model.

AvantGard Treasury helps companies improve visibility, reporting and liquidity, and migrate from time-consuming manual processes for improved efficiencies.  By centralizing data into a single solution, companies gain a real-time view into cash and debt across the organization. Additionally, the reporting capabilities help analyze and track performance as well as more accurately forecast cash.
 
Glen Chow, vice president treasury and risk management, Revera Inc., said, “With a large portfolio of real estate, manually managing mortgage debt was inefficient. We selected SunGard’s AvantGard to help automate our treasury processes, increase control and gain visibility into our cash and debt.  We chose AvantGard because it had the functionality we require and a solid reputation within its customer base and the treasury community. We also selected SunGard because of its in-depth knowledge and expertise and the proven ability of its professional and customer services team to deliver on time and on budget.”
 
“Organizations that manage cash and debt using a multitude of tools are under increasing pressure to automate and gain control and visibility over liquidity management.  Having access to consolidated information from multiple sources, and as close to real-time as possible, is critical,” said Paul Bramwell, senior vice president, treasury solutions, at SunGard’s AvantGard business unit.  “Depending on the requirements of our customers, we have a unique ability to deploy our solutions on-premise, within a “private cloud” hosted environment or using a SaaS delivery model.”
 
* SunGard Financial Systems is transforming the way its software solutions are created and delivered to its customers. With the introduction of a new visionary, integrated technology blueprint, new delivery models are created and additional functionality embedded. Underlying technologies include a service-oriented architecture (SOA) development framework, a business process management platform (Infinity Process Platform) and a delivery platform to enable Software-as-a-Service (SaaS) based solutions.

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Product type:	Cloud Computing Solutions | Connectivity | Data | Data Distribution | Data Management | Data Warehousing | Database Solutions | Infrastructure | Payment Systems / ATM

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