NEW YORK, March 7, 2011 /PRNewswire/ -- SunGard's AvantGard has been recognized twice in Global Finance's "World's Best Treasury and Cash Management Providers 2011" awards. AvantGard Receivables was recognized in the best "Accounts Receivable Services" category, while AvantGard Treasury was commended in the best "Treasury Workstation Provider" category.
Global Finance editors, with input from industry analysts, corporate executives and technology experts, based their evaluation on a variety of criteria, including: profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors. A full list of winners by category and region will be published in the March 2011 issue of Global Finance.
"In today's competitive global economic environment, treasurers need the best tools and advice available to make capital work harder than ever," said Global Finance publisher Joseph D. Giarraputo. "Our awards identify the banks and providers of products and services that consistently improve transaction processes to help speed collections and reduce risks."
Ken Dummitt, president of SunGard's corporate liquidity business, said, "These awards serve to affirm the functional quality and innovative nature of AvantGard solutions. By delivering technology that helps promote data transparency, connectivity and efficiencies, AvantGard solutions help prepare treasurers and finance professionals to meet the challenges of today's global economy."
About SunGard's AvantGard
SunGard's AvantGard is a leading liquidity management solution for corporations, insurance companies and the public sector. AvantGard provides chief financial officers and treasurers with real-time visibility into cash flows and increased operational controls around receivables, treasury and payments. AvantGard helps companies drive free cash flow and reduce inefficiencies across the ecosystem of suppliers, buyers, banks and other trading partners. For more information, visit www.sungard.com/avantgard.
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue about $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information visit, www.sungard.com
Trademark Information: SunGard, the SunGard logo and AvantGard are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
For more information, please contact: