SunGard to Acquire SWIFT Service Bureau Syntesys

SunGard has reached a definitive agreement to acquire Syntesys, a European SWIFT service bureau and network. Syntesys will strengthen SunGard’s AvantGard EcoSystem Communication Hub (Echos) by expanding the service bureau capacity and locations as well as adding a suite of SWIFTReady services. SunGard’s AvantGard Echos provides managed connectivity and integration for corporations, financial institutions, and trading partners.

The management and staff of Syntesys will join SunGard and will be based in France, the UK, Switzerland and Germany.

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