South Africa's Standard Bank is installing SunGard eProcess Intelligence's (ePI) intelliMatch software to manage matching and reconciliations processes across the enterprise.
The bank will use intelliMatch to perform cash, securities, confirmations and generic data reconciliations across all of its branches and lines of business.
Fred Manthe, IT manager, reconciliations, Standard Bank, says: "We chose intelliMatch as our enterprise-wide reconciliation platform for its generic matching capability and ease of use. It presents clear business fit and effectively supports the groups' consolidation and rationalisation strategy."