Payment news, November 2

Western Union expands transfer services via mobile, while the Tokyo Stock Exchange chooses Calypso's treasury and risk management platform.

Santos chooses SunGard’s AvantGard

Australia-based oil and gas exploration and production company Santos has chosen to implement SunGard’s treasury solution AvantGard to support treasury and risk management. The solution will provide Santos with a consolidated platform for all treasury, risk and cash management-related operations globally.

“Corporate treasurers are currently challenged by demands to improve efficiencies, while keeping operational and staffing costs down,” said Paul Bramwell, senior vice-president of treasury solutions for SunGard’s AvantGard business unit, in a statement. “AvantGard Treasury helps companies meet these objectives by helping automate common and repeatable treasury processes throughout the front, middle and back office, and helping improve the accuracy of data...

¬ Haymarket Media Limited. All rights reserved.

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