Though BCV was already using SmartStream's TLM Corona solution for its cash and securities reconciliations and exception management, some of the bank's more complex reconciliations were being managed either semi-manually or on legacy systems.
"More than ever, customers have been demanding more active communication and risk management," it said.
You aren't ready for Windows 8. It's coming anyway, a slow-moving freight train of massive change and dread, an enormous update that will sow turmoil in the lives of millions of people around the world.
There has been a great deal of talk in recent times about how wealth managers need to be "client-centric", but many managers are still struggling with disparate systems built around products, not clients.
SunGard has launched a solution for international fund trading, expanding the capabilities of the SunGard Global Network (SGN) Funds solution, to help fund companies and transfer agents broaden and streamline the processing and distribution of funds globa
Under the terms of the agreement, Accenture will develop and maintain existing and new applications in the areas of risk management, treasury, human resources and procurement management.
The Offer, which remains subject to the remaining terms set out in the Offer Document, remains open until further notice and at least 14 days' notice will be given of the closing of the Offer.