SunGard Treasury Systems announced that Caterpillar Inc. has selected the AvantGard suite of solutions to support its global treasury operations and will implement the solution using 6 Sigma methodology. Caterpillar will use several modules of AvantGard-GTM 8.0, including cash management and forecasting, multi-lateral netting, bank relationship management, advanced risk analysis, and accounting. The total SunGard solution will consolidate different financial systems onto a single global, integrated platform for use in global treasury operations. “SunGard Treasury Systems has focused a great deal of resources on AG-GTM 8.0 over the past year to support the treasury investment of our clients and prospects who seek this comprehensive solution,” said Ken Dummitt, president of SunGard Treasury Systems.
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