Sungard reports that French insure Generali Vie has gone live on its IntelliMatch Operational Control solution to manage its cash and securities reconciliations from a single, centralised enterprise platform. SunGard says this will help reduce operational costs, minimise risk, and improve efficiency for a growing volume of transactions.

IntelliMatch Operational Control reconciles cash and securities transactions from Generalie Vie’s general ledger and custody systems respectively against its nostro and securities accounts. The automation and centralisation of its reconciliations will enable it to quickly on-board other transaction types onto the platform, such as system-to-system reconciliations, as required.

Nomura Research Institute (NRI), a provider of consulting services and system solutions, reports the successful go-live of its custody solution with Golomt Bank of Mongolia, which it describes as a pioneer among Mongolian banks in introducing initiatives to accelerate development in the regional financial sector.

Large banks which spend between US$6 billion and $9 billion processing standardised trades each year, and could reduce those costs by up to 40 percent by adopting a “utility” model, according to a new study by Broadridge Financial Solutions.

More news on the progress being recorded by SWIFT's MyStandards Readiness Portal. 

Multifonds, a Temenos company and provider of investment fund software, reports the expansion of its core transfer agency (TA) solution, Multifonds Global Investor (MFGI). 

Brown Brothers Harriman (BBH) is the first global custodian to go live on the new Omgeo ALERTS GC Direct service.