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Liquidity Management Moves to the Cloud: SunGard’s AvantGard Experiences 250% Increase in Cloud Based Deployments


According to Gartner, ”Cloud-based infrastructure as a service (IaaS) and business process as a service (BPaaS) are the two fastest-growing segments, expanding 44.9 and 12.4 percent, respectively, in 2014.”(1).



In line with these findings, SunGard‘s Corporate Liquidity business experienced a 250% increase in cloud- based deployments (SaaS and private cloud hosting) of its AvantGard suite of payments, treasury and credit & collections solutions from 2010 to 2013.

Moving technology deployments to the cloud or to hosted or managed services platforms have enabled businesses to harness increasingly sophisticated technology without requiring a substantial initial investment in infrastructure and human capital. In addition, smaller firms that might not be in a position to make large financial outlays benefit by gaining access to technology previously only available to large corporations.

Furthermore, cloud-based deployments can help local corporations in developing markets to leap past some of the evolutionary steps of their predecessors and gain increased control within their corporate treasury and finance systems in shorter periods of time and at lower costs. Beyond cost, an increasingly valuable aspect of cloud-based technology is the agility and speed with which they can be adapted to reflect changes in the regulatory or business environment.

“Corporations today are seeking technology partners that can offer the whole spectrum of services from domain expertise, regulatory and compliance advisory, to infrastructure management with a range of adjacent services. Today, the customer wants their technology partner to go beyond just installing software and instead completely answer business needs, thereby helping them in achieving smarter operations and increasing efficiency. To service this new demand, we have expanded our service centers and resources in the U.S., Europe and Asia.” - Scott Coffing, president of SunGard's Corporate Liquidity and Energy business

(1) Gartner Press Release, Gartner Says 70 Percent of CIOs Will Change Their Technology and Sourcing Relationships in the Next Two to Three Years, March 19, 2014, (gartner.com/newsroom/id/2685515)

About SunGard Financial Systems
SunGard Financial Systems provides software and services to institutions in virtually every segment of the financial services industry. The primary purpose of these systems is to automate the many detailed processes associated with trading, managing investment portfolios and accounting for investment assets. These solutions address the processing requirements of a broad range of users within financial services, including asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents. In addition, we also provide professional services that focus on application implementation and integration of these solutions and on custom software development.

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Mardi 8 Avril 2014
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