London, September, 13, 2004: SunGard Treasury Systems, an operating group of SunGard (NYSE:SDS), today announced that TD Waterhouse Bank N.V., a subsidiary of the Canadian TD Bank Financial Group, has selected SunGard’s AvantGard-Quantum and AvantGard-Risk for its treasury operation. AvantGard is a fully integrated solution and will help TD Waterhouse Bank to achieve greater control and efficiency.
Yves Sawaya, managing director of TD Waterhouse Bank, said, "We wanted to enhance our systems integration and remove a number of manual processes within our business. SunGard’s AvantGard solution provides the straight-through processing and the platform necessary for our growing business, offering us greater efficiencies and helping us to implement best practices within treasury."
Martin Boyd, executive vice president EMEA, SunGard Treasury Systems, said, "AvantGard-Quantum and AvantGard-Risk will provide the fully integrated treasury solution required by TD Waterhouse Bank with straight-through processing from dealing system to banking and accounting. AvantGard-eTX will also deliver the direct connectivity to its banking partners. We are pleased to meet the bank’s needs for improved reporting and supply the analytical tools necessary for future investment decisions."