Under the terms of the deal, Air China is expected to use SunGard’s AvantGard product suite for treasury, debt and funding management services.
SunGard’s AvantGard platform is a liquidity management service for corporations, insurance companies and the public sector. It provides users with visibility into cash flows and operational controls around receivables, treasury and payments.
SunGard has over 20,000 employees and serves 25,000 customers in 70 countries.
In a recent development , international management company TT International has entered a partnership with SunGard to implement the latter`s APT service. APT is a risk management, portfolio construction and optimization service for buy-side institutions.
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