Bank of America Merrill Lynch’s Global Transaction Services (BofA Merrill GTS) and SunGard’s AvantGard have jointly launched their Asia-Pacific treasury knowledge alliance.
The programme is promoted as leveraging the respective business strengths and networks between BofA Merrill GTS and SunGard’s AvantGard in providing a client-focused platform to connect the market’s experiences and opinions, promote best-in-class practices and help drive enhanced technological innovation within the regional treasury industry.
The two partners will jointly develop and implement the programme to support corporations in Asia as they adapt to increased business demands. The collaboration will bring together the complementary expertise and practical experience from multiple views to provide an Asia-Pacific treasury knowledge platform. The knowledge platform will rely on the collective domain knowledge gained from working with a diverse range of companies throughout the region.
The programme will offer corporate treasurers a knowledge platform that is comprised of Asia-Pacific-focused industry studies, market-inspired thought leadership and editorial content, combined with a series of in-country knowledge-based events.
“Every day we support our Asia-Pacific treasury clients through knowledge – the more we know, the more we can help them to achieve their business ambitions and balance their risk,” said Ivo Distelbrink, BofA Merrill’s head of GTS for Asia-Pacific. “As market sophistication continues to evolve and competition intensifies across the region, treasury knowledge is more reliant on technological innovation than ever before.”
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