SunGard says Dresdner Bank has choisen its MINT platform to process its global messaging traffic and to provide a consolidated platform for its upgrade to SWIFTNet.
With the mandatory change from X.25 to IP for users of the SWIFT Network, Dresdner Bank, like all other SWIFT member banks, is obliged to upgrade to the IP protocol messaging standards by the end of 2004.
Gert Ulott, head of the department responsible for global SWIFT connectivity and SWIFT IT at Dresdner Bank, says the bank evaluated 10 different solutions before choosing MINT – and went to a detailed proof-of-concept with three of them. “MINT turned out to be our preferred solution because it is open to all possible SWIFTNet connectivity solutions and because of SunGard’s commitment to deliver ready-to-use adaptors for major market infrastructures,” he says.
Tom King, president of SunGard Business Integration, said he was delighted to win such a prominent client. “The global traffic of the whole Allianz group companies will be processed centrally by MINT, thus helping to achieve significant cost savings,” he says. “MINT has already proven its advantages and reliability and we are confident that Dresdner Bank’s expectations will be fully satisfied.”