SunGard eProcess Intelligence, an operating unit of SunGard announced that KBC Bank NV, Belgium’s third largest bank, has selected intelliMATCH for matching and reconciliation of securities items and related cash. SunGard’s exception processing solutions help improve straight-through processing rates by automating matching, reconciliation, research, and resolution of exceptional transactions.
KBC will implement intelliMATCH in its head office in Brussels, Belgium, to reconcile cash and securities in its securities back office for both retail and capital markets transactions. KBC now has the ability to import SWIFT messages as well as its own files and can easily develop customized matching rules that support its unique business needs. SunGard’s intelliMATCH was selected for its flexible and generic matching processes.