About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SunGard Enhances IntelliMatch Solution Suite

Subscribe to our newsletter

SunGard has enhanced its IntelliMatch solution suite to help tier one financial institutions streamline their enterprise-wide processes for reconciliation, exception management, financial governance and archiving. The enhancements include new intelligent workspaces, a new financial governance component and performance improvements. This latest release will help financial institutions increase operational efficiency, reduce risk and improve scalability and performance across their lines of business – including cash and securities operations, brokerage, derivatives, asset management, trust and custody, fund administration, and insurance.

Managing reconciliations has become increasingly important due to the pressure to reduce costs and streamline operations. Yet growing data complexity and transaction volumes and new compliance requirements have made the task more challenging. The latest release of SunGard’s IntelliMatch solution suite helps customers meet these challenges by supporting new transaction types, delivering analytical tools to drive continual process improvement, supporting intraday reconciliation to enable real-time visibility, and scaling to handle higher transaction volumes.

“Factors like system consolidation, regulatory compliance, and transaction volume growth are driving a renewed emphasis on efficiency in the back office. Firms must mitigate risk and better manage costs while supporting complex asset classes and maintaining a high level of customer service,” said Fritz McCormick, senior analyst at Aite Group. “They have to boost automation while increasing visibility into the business, which is resulting in greater solution performance demands.”

Dave Barrett, chief operating officer at SunGard’s Ambit corporate banking business unit, said, “Our customers are under pressure to continually demonstrate efficiency gains and improve visibility into back-office processing. This is a real challenge in an environment where regulations are changing and transparency is needed throughout the organisation. The enhancements to IntelliMatch help users to work smarter – that is, complete reconciliations more quickly, easily and accurately – and process transactions faster. They also include a number of new analysis and audit features. We are therefore helping our customers gain greater visibility and control of their business.”

The solution provides support for proofing cash and positions, managing the financial close, reconciling derivatives, margin and collateral, and ATM and FX matching. It also helps resolve payment investigations. New enhancements include:

  • A new user interface which helps users create intelligent workspaces to complete reconciliations more quickly, easily and accurately.
  • Enhanced monitoring tools to help users better track progress throughout the day and prioritise and escalate work, helping to optimise productivity and improve process management.
  • A new financial governance solution component that helps increase control and visibility over financial close activities, helping reduce the time and cost associated with period-end closing and the risk of material weaknesses and financial restatements.
  • Optimised data and rules processing to deliver improved performance with the ability to process up to 50 million transactions in only 25 minutes.
Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

Anthropic’s Financial Industry Claude Iteration Aimed at Easing AI Adoption

Large language model (LLM) builder Anthropic may have the solution to assuaging financial institutions’ doubts about generative artificial intelligence deployment in their analytics and decision-making workflows, having created a model that has been designed specifically for the industry. Claude for Financial Services, part of the San Francisco-based company’s Claude for Enterprise suite, comprises capabilities that...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...