ABN AMRO Futures has tapped Mint, an automated end-to-end trade processing solution from SunGard Business Integration.
ABN AMRO Futures operates SunGard's GMI for back-office processing, clearing and settlement of exchange-traded derivatives. That relationship influenced its selection of the Mint product, according to Marc Huglin, head of operations at ABN AMRO Futures. "Increasing volumes have created a need to establish a robust straight-through processing messaging solution. Mint technology provided us with the most robust and cost-effective solution."
The environment in which ABN AMRO Futures operates requires highly automated straight-through processing between its front- and back-offices, exchanges and its clients. The objective was to implement a robust STP solution that would allow it to migrate from a manual trade process to an automated one.
SunGard will provide internal integration and external gateway connectivity for ABN AMRO Futures, building a highly automated and consolidated workflow environment based on the Mint Knowledge Broker, Knowledge Manager and SWIFTNet Gateway components.