The integration of SunGardâs eTreasury eXchange (eTX) secure messaging network and the ABN AMRO GlobalGateway service will help treasurers of international businesses achieve the convenience and efficiency of straight-through processing for a range of payment and reporting services.
The ABN AMRO GlobalGateway service delivers a broad range of cash management services from its worldwide network of branches and subsidiaries including LaSalle Bank, Standard Federal and Banco Real, as well as integrated capabilities from a growing set of partner banks. Clients of ABN AMRO and SunGard Treasury Systems are now able to benefit from the tight integration of services, thereby eliminating disparate, manual steps in their treasury management process.
"Given the strong overlap of our client base, this relationship will ensure that we are providing our clients with the most convenient and efficient access to manage their treasury needs today and into the future. We have already received strong response to this new service across all regions," stated John Gibbons, Global Head of Sales, ABN AMRO, Working Capital. "This alliance brings together two leaders in their respective markets and provides clients with advanced solutions that directly address the need for simple, secure access and straight through processing," Gibbons said.
"This is a great opportunity for our mutual customers to simplify their cash management processes through the direct integration that SunGardâs eTX provides with ABN AMRO's GlobalGateway service. Straight-through processing between our clientsâ internal systems and departments and external relationships with their financial services providers are key elements in SunGardâs continued commitment to full and seamless systems integration. This commitment is a cornerstone in the expansion of the SunGard Transaction Network (STN) and eTX, and cements the foundation for enabling SunGard clients to access ABN AMROâs electronic cash management services,â said Ken Dummitt, President, SunGard Treasury Systems.