The selection of AvantGard was based on the solutionâs ability to deliver the best fit to Genesisâ requirements, such as AvantGard-Integrityâs ability to connect with banking software and to provide a global reporting tool, efficient deal capture and derivatives handling. Also important to Genesis is AvantGard-Integrityâs open platform architecture which provides the flexibility for the solution to grow alongside Genesisâ business.
Paul McCurry, treasury manager at Genesis, said, "The group chose AvantGard over competing products due to its user-friendly design, its range of functionality and the provision of user training tailored to meet our specific needs. SunGard is a world leader in financial software and processing solutions and we are confident in doing business with a company that has such a significant resource base and vast breadth of experience."
Martin Boyd, executive vice president, EMEA, SunGardâs AvantGard business unit, said, "Genesis Housing Group works with local authority boroughs on the provision of permanent and temporary accommodation and generating matched community funding and therefore has a specific requirement for cash management and liquidity forecasting. AvantGard will meet this requirement by providing advanced cash and derivative management and forecasting tools. We look forward to partnering with the group through its future development."