SunGard eProcess Intelligence Launches Liquidity Management Solution at Sibos

London, 14 August, 2002 - SunGard eProcess Intelligence, an operating unit of SunGard (NYSE:SDS), today announced that it will launch a new liquidity management solution, intelliMATCH Cash and Collateral Management, at Sibos this fall. The new solution allows cash and collateral managers to track and reconcile settlement activity across their accounts intra-day and verify the accuracy of their forecasted positions to make better funding decisions.

Traditionally, reconciliation is performed manually within the cash or collateral management area of an institution. intelliMATCH CCM brings automation to this process by leveraging reconciliation technology - the comparison of expected events to actual events - at every stage of a trade’s lifecycle (deal entry, confirmation, settlements, advices, and statement) in order to publish account balances as settlements are being processed throughout the day.

Building a consolidated view of each transaction has allowed SunGard’s clients to better predict the likelihood of a trade settling. Pre-settlement exception detection and repair are key to achieving true STP -- the earlier an exception is identified, the more likely the transaction is to settle. By taking advantage of real-time information, cash and collateral managers are able to track their true net settled positions intra-day. This allows them to secure coverage for short positions or actively invest long positions while the market is still open.

"Liquidity management is a crucial function within financial organizations in today’s marketplace. Providing our clients with tools to automate liquidity management is critical because the accuracy of funding decisions directly affects the institution’s profitability - by avoiding penalties and by optimizing held assets," comments Suzanne Sisolak, vice president of product management, SunGard eProcess Intelligence.

The intelliMATCH CCM solution will premier on the SunGard stand, booth F223, at Sibos. Sibos will be held at the Palexpo in Geneva, Switzerland, 30 September -4 October.

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