The University of British Columbia (UBC) will implement SunGard’s AvantGard Treasury solution for cash and risk management, as well as to facilitate its complex debt and investment activities.
AvantGard will provide real-time access to data, detailed reporting and improved visibility to cash and risk to help UBC enhance strategic decision making. AvantGard Treasury will also assist UBC in managing its complex debt activities, in-house and with their banks.
Michael Shakespeare, managing assistant treasurer of UBC, said: “Because of the diverse set of responsibilities within our treasury operation, we needed a solution that could provide more than just traditional cash management. We selected SunGard’s AvantGard Treasury because it includes tools for in-house banking risk analysis, debt and investments. We have also been pleased with the responsiveness and level of support provided by the SunGard staff.”
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