TD Waterhouse Bank rolls out SunGard's AvantGard in Amsterdam

TD Waterhouse Bank rolls out SunGard's AvantGard in Amsterdam

TD Waterhouse Bank is installing SunGard Treasury Systems' AvantGard-Quantum and AvantGard-Risk products to support treasury operations at its offices in Amsterdam.

SunGard says the products will provide the bank with a fully integrated treasury system, with straight-through processing (STP) from dealing system to banking and accounting.

Yves Sawaya, managing director of TD Waterhouse Bank, says the system replaces a number of manual processes.

"SunGard's AvantGard solution provides the straight-through processing and the platform necessary for our growing business, offering us greater efficiencies and helping us to implement best practices within treasury," adds Sawaya.

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