SunGard TO UTILIZE BONAIRE’S XchangeENVOYTM PRODUCT

SunGard’s BancWare Division has elected to purchase and utilize Bonaire Software Solutions’ XchangeENVOYTM product, a powerful application-level data routing component, for SunGard’s InsightTM software application.

BancWare is a product suite within SunGard Trading and Risk Systems, one of the leading providers of high quality integrated, yet flexible and scalable solutions for asset liability management, financial planning and forecasting, data management and performance measurement. Incorporating 20 years of expertise in balance sheet planning, income simulation and market valuation, the BancWare solutions coupled with expert consulting services, support a diverse clientele of financial institutions world-wide to effectively transform raw data into high-caliber actionable intelligence.

BancWare’s InsightTM Coterminus Funds Transfer Pricing (CFTP) provides financial analysts with the best perspective from which to make clear business decisions concerning customer, organizational and product profitability, product pricing and executive incentive programs. By separating interest rate volatility from product decisions, financial managers are able to maximize their institution's profitability and value.

Bonaire’s XchangeENVOYTM component core functionality is to move data in varying formats from source to host destinations in an efficient and guaranteed manor. The components are designed to be easily integrated to environments housing disaggregated data stores as well as segregated data flows and formats. Specifically, the product allows SunGard’s InsightTM to connect to, and communicate with a variety of front, middle, and back-office systems that were previously difficult and expensive to link. In addition, XchangeENVOYTM will provide data routing capability and greatly enhanced flexibility to add new connections at a fraction of the cost and with considerable savings in time and development effort.

Bonaire Software Solutions CEO, Christopher John added, "SunGard’s BancWare applications enjoy a well deserved reputation and permeate the financial services industry because of clear advantages in functionality and reliability. The connectivity we provide allows InsightTM to extend those product benefits and reach new levels of service both internally and to their customers."

As integration of XchangeENVOYTM progresses, BancWare’s InsightTM will utilize increasing levels of the product’s functionality including robust monitoring screens, instant messaging alerts via multiple broadcast formats, rules based routing, and additional connectivity to internal and external applications.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development