Standard Bank is one of the largest African-based banking associations, operating in 17 African countries and 21 countries on other continents. A customer of SunGard since 1996, Standard Bank chose intelliMATCH as the reconciliation solution to help improve control and processing efficiency across the enterprise. The bank has licensed intelliMATCH to perform cash, securities, confirmations and generic data reconciliation.
Fred Manthe, IT manager-reconciliations, Standard Bank, commented, "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."
Tom King, president of SunGard's intelliMATCH, commented, "We are delighted that Standard Bank has chosen intelliMATCH to fill their enterprise requirement for a reconciliation solution. The expansion of Standard Bank's use of intelliMATCH underlines our commitment to providing our customers with best-of-breed solutions to meet their growing business."