SunGard has launched Aligne, a service-oriented architecture (SOA)-based, straight-through processing (STP) solution suite that helps energy companies optimise decision-making and adapt to business change by streamlining processes and integrating information across multiple business operations. Energy traders, utilities, midstream gas companies and large industrial consumers of energy can use Aligne to process energy financial and physical transactions across front-, middle- and back-office operations, and use configurable components for risk management and compliance.
Aligne integrates functional components across SunGard’s suite of energy solutions and combines them in an SOA environment with business process management (BPM). Aligne gives customers flexibility to choose capabilities specific to business requirements, and includes new deal types, new functional modules, and new data management offerings. Aligne also allows customers to integrate other in-house or vendor applications, and provides a scalable infrastructure to help sustain business growth in terms of volumes and supported transactions types and commodities.
Two customers are already implementing Aligne. One new customer, a major midwest US utility, is implementing the full range of trading, risk, gas and power operations, and fuels management functionality for enterprise-wide STP. An existing customer in the northwest is currently upgrading its Zainet solution to Aligne, via the addition of the Aligne integration framework, and pre-integrated gas operations components.
Matt Mandalinci, president of SunGard’s energy solutions business unit, said: “Streamlining the flow of information can help energy companies make better decisions faster, reduce costs, and achieve greater flexibility and control across the full range of enterprise commercial implications. SunGard’s Aligne helps com companies to addresses their functional requirements across the energy transaction value chain using a single vendor; improve the flexibility and extensibility of their systems; and provide access to aggregate information across these systems.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more