SunGard’s real-time cash reporting and liquidity management solution, STeP Real-time Information (RTI), has been awarded SWIFTNet Ready Nostro Account Information labels for both users and providers for 2005. This year’s accreditation marks the fourth consecutive year that SunGard’s solution has achieved accreditation for the SWIFTNet Ready certifications. According to SunGard, STeP RTI provides a secure, real-time view of account information both inside and outside an institution, incorporating SWIFT’s XML structured query and response messages to expedite transaction processing over SWIFT’s IP-based messaging platform, SWIFTNet. SunGard says STeP RTI helps global correspondent banks, clearing firms; treasury operations and asset managers improve their efficiency by providing web-based access to balance, transaction, and statement financial information.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.