Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

Toyota Capital Malaysia Selects SunGard’s AvantGard Treasury & Risk Solution to Support Business Growth

Toyota Capital Malaysia (“TCAPM”) (a joint venture between Toyota Financial Service of Japan and UMW Corporation) has selected SunGard’s AvantGard Treasury (Integrity) to manage treasury and cash management.

TCAPM’s business has grown substantially with total managed assets standing at MYR4,078 million as of September 30, 2013. Moving forward TCAPM will embark on an aggressive expansion plan, creating the need for a solution to manage its treasury operation in terms of liquidity and derivatives management.

SunGard’s AvantGard Treasury solution will enable TCAPM to improve operational efficiency by optimizing resources and having access to more accurate and timely information to enhance the decision-making process.

"Our primary focus is to improve cash visibility through controlled straight-through-processing, integration with other systems and timely accurate management reporting. SunGard's AvantGard Integrity meets those needs and is scalable to support mid-term business growth.” Mr Kuan Kock Heng, President, Toyota Capital Malaysia

About SunGard Financial Systems
SunGard Financial Systems provides mission-critical software and IT 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.

Vendredi 15 Novembre 2013