SunGard acquires PredictiveMetrics to broaden and expand AvantGard suite in Trade Credit Liquidity

SunGard acquires PredictiveMetrics to broaden and expand AvantGard suite in Trade Credit Liquidity

New York, NY (Vocus / NYSE) 3 February 2011

SunGard today announced that it PredictiveMetrics, a leading provider of predictive scoring and analytical services for trade credit, debt collections acquired, utility companies and other markets. The acquisition will help extend SunGard AvantGard suite of receivables solutions for statistical scoring services, the company proactively analyze the credit worthiness and debt recovery and the likelihood of crime or the payment of its receivables portfolio to offer help. The acquisition, the conditions that are not published, is not expected to have a significant impact on the financial results of SunGard.

PredictiveMetrics “core services related to credit and collection analysis is part of SunGard AvantGard claims solution has become and will be marketed under the AvantGard Receivables brand. SunGard will continue its core markets including business-to-business, supply and collection companies support. The predictive modeling solution is also used to build a new offer for the trade credit liquidity decision on the receivables. This helps companies and lenders are modeling adequately assess risk and liquidity management, helping them to make better use of important instruments such as credit insurance, secured lending, dynamic discounting, securitization, invoice financing and first / third party outsourcing.

Michael Banasiak, president, PredictiveMetrics said. “As part of SunGard will help us more flexibility and choice in credit and collections community, we are very pleased to expand into new areas such as trade credit, liquidity in order more to deliver advanced solutions to optimize liquidity management. “Mike Banasiak will join SunGard as part of the AvantGard team.

č.j. Wimley, executive vice president, commercial lending liquidity solutions for SunGard’s AvantGard business unit, said: “The acquisition of PredictiveMetrics is a strategic step in our long-term plan to help companies manage their receivables as an investment Performing predictive analytics on the receivables. Corporate businesses mitigate credit risk and valuable insights to improve decision making. “


About

PredictiveMetrics

founded in 1995 and is PredictiveMetrics, Inc. is a leading global provider of predictive scoring and analytic decision solutions using advanced statistical methods for credit, debt collection and debt recovery collections. PredictiveMetrics decision technology spans many industries, the type of financing, and the age of the debt.

PredictiveMetrics was designed to ask powerful and complex analysis, coupled with innovative, advanced statistical techniques.


About SunGard AvantGard

AvantGard SunGard is a leading liquidity management solution for businesses, insurance companies and the public sector. AvantGard provides chief financial officers and treasurers with real-time visibility into cash flows and increased operational controls around receivables, treasury and payments. AvantGard helps companies free cash flow and reduce inefficiencies in the ecosystem of suppliers, buyers, banks and other trading partners. For more information, visit http://www.sungard.com/avantgard.


About SunGard

SunGard is a global leader in software and IT services. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, consulting services, information availability and business continuity management software. With annual revenues of more than $ 380 5000000000 SunGard is a Fortune 500 company and is the largest privately held business software and IT services company.

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

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