The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Sungard Treasury Systems joins forces with Danske Bank

SunGard Treasury Systems and Danske Bank have announced a partnership to provide SunGard's customers with direct access, from their AvantGard treasury management systems, to Danske Bank's cash management services.


AvantGard-ETX helps corporations, in association with its exchange partners, to achieve an overall view of global cash positions in real time.  The integration of the AvantGard-ETX secure messaging network and Danske Bank's significant range of cash management services will help treasurers in the Nordic region to achieve the efficiency of Internet-enabled straight-through processing for a range of payment and reporting services.

Peter Storgaard, head of global cash management at Danske Bank, said, "This relationship will help ensure that we are able to provide our mutual customers with an efficient and convenient method of accessing vital account data and cash management services. It will help ensure that their treasury needs are met both today and into the future." 

AP Møller-Maersk, the largest corporate business in Denmark with 2003 net revenues in excess of DKK 157 billion ($27.7 billion), and a customer of Danske Bank, uses the AvantGard-Quantum treasury management system and has recently gone live with AvantGard-ETX to send electronic payment instructions directly to Danske Bank. 


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree