SunGard and Danske Bank Combine to Deliver Treasury Straight-Through P

SunGard and Danske Bank Combine to Deliver Treasury Straight-Through Processing for Nordic and International Customers

    Business Editors

    LONDON--(BUSINESS WIRE)--March 1, 2005--

AvantGard-ETX Provides Direct Access to Danske Bank Cash Management Services
    SunGard Treasury Systems, an operating group of SunGard (NYSE:SDS) and Danske Bank today announced a strategic partnership that will provide SunGard's customers with direct access, from their AvantGard treasury management systems, to Danske Bank's cash management services. AvantGard-ETX provides a secure real-time connection to help customers benefit from Internet-enabled straight-through processing.
    AvantGard-ETX helps corporations, in association with its exchange partners, to achieve a holistic view of all global cash positions in real time. The integration of the AvantGard-ETX secure messaging network and Danske Bank's significant range of cash management services will help treasurers in the Nordic region to achieve the efficiency of Internet-enabled straight-through processing for a range of payment and reporting services.
    Peter Storgaard, head of global cash management at Danske Bank, said, "This relationship will help ensure that we are able to provide our mutual customers with an efficient and convenient method of accessing vital account data and cash management services. It will help ensure that their treasury needs are met both today and into the future."
    A.P. Moller-Maersk, the largest corporate business in Denmark with 2003 net revenues in excess of DKK 157 billion, and a customer of Danske Bank, uses the AvantGard-Quantum treasury management system and has recently gone live with AvantGard-ETX to send electronic payment instructions directly to Danske Bank. The application will also be used to collect intra-day cash data. Torben Winther, Maersk's director of treasury management, said, "The direct connectivity to banks, avoiding bank workstations and browsers, gives us immediate decision support capabilities."
    Martin Boyd, executive vice president EMEA, SunGard Treasury Systems, said, "This is an excellent opportunity for our customers both in the Nordic region and internationally to help simplify their cash management processes through the direct integration that AvantGard-ETX provides with Danske Bank's cash management services and electronic banking system, Business online."

    About Danske Bank

    Danske Bank is the largest bank in Denmark and a leading player in the Scandinavian financial markets. The Danske Bank Group - which includes Danske Bank, BG Bank, Realkredit Danmark, Danica Pension and a number of subsidiaries - offers a wide range of financial services, including insurance, mortgage finance, asset management, brokerage, real estate and leasing services. In Denmark, Norway and Sweden, the Group serves almost three million retail customers and a significant part of the corporate, public and institutional sectors. It also has a large number of international corporate clients, particularly in the northern European markets. Some 800,000 customers use the Bank's online services. For more information, visit www.danskebank.com.

    About SunGard Treasury Systems

    SunGard Treasury Systems is a leading provider of treasury and risk management solutions. SunGard solutions offer Internet/intranet-based currency and commodity trading and risk management, while also integrating cash management and accounting functionality within a single environment. SunGard solutions provide a secure, real-time link between clients/subscribers and financial institutions and other treasury service providers, offering the straight through processing of treasury transactions and information via Internet messaging. For more information, visit www.sungard.com/treasury.

    About SunGard

    SunGard is a global leader in integrated software and processing solutions, primarily for financial services. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 20,000 customers in more than 50 countries, including the world's 50 largest financial services companies. SunGard (NYSE:SDS) is a member of the S&P 500 and has annual revenue of $3 billion. Visit SunGard at www.sungard.com.

    Trademark Information: SunGard, the SunGard logo and AvantGard are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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CONTACT: SunGard Treasury Systems Kim Kavanagh, +1 818 223 2300 Fax: +1 818 223 2301 E-mail: kim.kavanagh@treasury.sungard.com or Danske Bank A/S Peter Storgaard, +45 33440479 Fax: + 45 33441125 E-mail: pjens@danskebank.dk

KEYWORD: PENNSYLVANIA DENMARK UNITED KINGDOM INTERNATIONAL EUROPE INDUSTRY KEYWORD: BANKING INTERNET E-COMMERCE MARKETING AGREEMENTS SOURCE: SunGard

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