Providing brokerage, asset management and corporate finance services to private and institutional clients, ACH required a solution that would support a diversified and growing range of financial products and services. Apsys will help ACH to improve its straight-through processing (STP) capabilities for securities trading and settlement, cash payments and asset management, as well as provide a structure to support regulatory compliance. The solution will also help ACH to improve the quality, confidentiality and safety of its client data.
Pierre-AndrÃ© Bertholet, executive vice president at ACH Securities SA, said, âIt was important that we replaced our existing wealth management systems with a solution that could efficiently support end-to-end processing, help to sustain our business growth, and meet the long-term requirements of our clients. In selecting a solution, our key objective has been to ensure that we achieve our STP goals within a four month post-selection period â and only SunGard seemed capable of helping us to meet this objective.â
Vitus Rotzer, deputy general manager at SunGardâs Apsys business unit, commented, âThe flexibility of Apsys means that SunGard is able to support ACHâs business model by simply changing parameters â helping to deliver a rapid implementation project in line with their expectations. We are pleased that ACH has selected SunGard to help optimise its operations, further maintaining our position as a leading provider of solutions to European private banking and wealth management institutions.â