KBC Bank NV Selects SunGard for STP intelliMATCH to provide securities matching and reconciliation

Livingston, NJ, January 15, 2002 - SunGard eProcess Intelligence, an operating unit of SunGard (NYSE:SDS), today announced that KBC Bank NV, Belgium’s third largest bank, has selected intelliMATCH for matching and reconciliation of securities items and related cash. SunGard’s exception processing solutions help improve straight-through processing rates by automating matching, reconciliation, research, and resolution of exceptional transactions.

KBC will implement intelliMATCH in its head office in Brussels, Belgium, to reconcile cash and securities in its securities back office for both retail and capital markets transactions. KBC now has the ability to import SWIFT messages as well as its own files and can easily develop customized matching rules that support its unique business needs. SunGard’s intelliMATCH was selected for its flexible and generic matching processes.

Walter Mees, senior manager of the custody department at KBC, explains, "KBC chose intelliMATCH because it met most of our requirements for a best-of-breed matching solution. We feel that the solution will be easily self-managed and self-supported with little intervention from SunGard eProcess Intelligence -- another important factor in the decision to invest in intelliMATCH."

"We are pleased to welcome KBC Bank to our global client base. SunGard eProcess Intelligence is committed to providing KBC with a best-of-breed solution and superior services that will enhance their business," said Lane Savage, president, SunGard eProcess Intelligence.

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