LG Electronics, the global provider of electronics, information and communications products based in Korea, has chosen Sungard’s AvantGard-Quantum product to manage its global treasury operations and the treasury operations of its 74 subsidiary companies across the globe.
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LG’s decision, according to Mr. Byeong Il Min, manager of its international finance group, was determined by its need to consolidate its payment processing across all subsidiary companies. He says: ?Our vision at LG is to consolidate our treasury operations and maintain Korea as our central operation with key regional treasury centres across the globe. |
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