BAML, SunGard Forge Treasury Knowledge Alliance in Asia-Pacific

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The alliance was announced today at a ceremony in Osaka, Japan.

BAML's Global Transaction Services (GTS) and SunGard's AvantGard will collaborate to promote treasury and technological innovation within the region, according to Ivo Distelbrink, BAML's head of GTS for Asia-Pacific.

"Every day, we support our Asia-Pacific treasury clients through knowledge," says Distelbrink. "The more we know, the more we can help them to achieve their business ambitions and balance their risk. As market sophistication continues to evolve and competition intensifies across the region, treasury knowledge is more reliant on technological innovation than ever before."

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