AvantGard will help AECI streamline its treasury business with full front-to-back office accounting and integrated modelling and analysis tools to help manage risk, maximize liquidity, and drive growth. AECIâs decision to select SunGard was influenced by the SunGardâs local support infrastructure, as well as the professional reputation that SunGard maintains in South Africa.
Trevor Starke, group treasurer, AECI, said, "Our incumbent technology couldnât keep pace with the growth of our treasury operation and advanced risk mandate. We chose SunGardâs AvantGard to help us better manage our risk and stay on top of evolving compliance requirements.â
"As South African corporations continue to grow and experience global expansion, we are observing a need for the centralization and automation of treasury functions,â said John Tedder, regional director, Africa, SunGardâs AvantGard business unit. âWe currently support numerous organizations of different sizes and scale in the region, helping them automate processes from front-to-back, as well as implement best practices.â