Treasury Management Internation Logo

SunGard to open new office in Kenya

Published 
  • SunGard to launch new office in Nairobi to serve growing demand in East Africa
  • Opening will mark SunGard’s fourth regional operating office on African continent

Nairobi, Kenya – SunGard, one of the world’s leading financial software companies, today announced the opening of its East African office in Nairobi, Kenya. By investing in and establishing a physical presence in Kenya, widely regarded as the financial services hub for East Africa, SunGard will reinforce its commitment to the region and is well positioned to execute on its strategy of achieving accelerated growth in these markets.

SunGard’s Nairobi office will provide its existing customers in Kenya, Tanzania and Uganda with professional services, training and project support, and function as a sales and account management base to expand and service new customers in the broader East African region. With existing offices in Cape Town, Johannesburg and Tunis, Nairobi will mark SunGard’s fourth regional operating office in Africa. SunGard currently supports over 140 customers in Africa, which include banks, securities firms, hedge funds, pension funds, asset managers, energy and commodity trading firms, insurance companies, corporations and government entities in 15 African countries.

Fred Manthe, managing director East Africa for SunGard, said: “With East Africa’s sizeable and strong developing financial services market, there is an increasing need for sound market regulation and compliance. As we focus on the region’s positive economic growth and expanding client network, we are very excited about our strategic investment in East Africa and look forward to offering our customers a more efficient, competitive and industry aligned solutions and service delivery.”

Alberto Fasana, managing director Africa for SunGard, said: “Countries in East and Central Africa have undergone a considerable and positive transformation in recent years. The sub-Saharan mobile money revolution alone has enabled Kenya to claim a leading position in the financial services arena, with banks offering a diverse range of new products such as loans, savings accounts, mortgages and insurance. We are supporting the local financial industry with the underlying technology and services which enable clients to bring new products to market quickly, automate their business processes, implement tighter risk management practices, and meet required regulatory demands.”

SunGard’s East African office will be located at Eaton Place, 2nd floor, United Nations Crescent, Gigiri, Nairobi, Kenya.

FIS

Most recent episodes

Trends in RFPs and RFIs: What Treasurers Want

Eleanor Hill (TMI) invites Dick Oskam and Bert Van Drie (ING) into the TreasuryCast hotseat to find out what trends treasurers want to see emerge from the Request for Proposal (RFP) and Request for Information (RFI)...

33:16

Creating a Connected Financial Office

When data flows are connected, it’s so much easier to make quick and accurate decisions. This is the principle behind the notion of the connected financial office. In this podcast, Gareth Priest (Bottomline Technologies) provides informed advice on how...

18:34

Journeys to Treasury: Managing Changing Perspectives

For this special edition of TreasuryCast, we showcase the results of the Journeys to Treasury 2021-22 report. Here, Jan Dirk van Beusekom (BNP Paribas) and Christian Mnich (SAP) offer Eleanor Hill (TMI) an informed view...

33:03

Cybersecurity for Treasurers

Cybercrime and fraud is on the rise and new attack vectors are emerging with alarming frequency. In this podcast, Nicolas Trimbour (BNP Paribas) and Laurent Sarrat (Sis ID) provide an overview of the latest tools and best practices treasurers should be employing...

37:53

A New Treasury Ecosystem: Open Banking, APIs, and BaaS

For this special edition of TreasuryCast, Eleanor Hill invites Peter Claus-Landi (GE) and Jared Smith (HSBC) to cover how key API-centric developments are changing the treasury landscape. With APIs significantly...

18:02

Using Data as the Corner for Finance Transformation

Many organisations face challenges in managing spend, payments, and cash effectively due to siloed processes and datasets across multiple departments. In this podcast, Ulrika Haug (Coupa) and Kim Estes (The Knot...

29:20

Realising Treasury’s True Value – A Strategy for Change

Join John Meehan (Froneri) to hear how Froneri utilised a year of no acquisitions and no meetings to implement a total transformation project through implementation of a TMS, unlocking the true value of his corporate...

49:14

Lessons from Innospec on Building a Strong Cash Culture

Without ready access to the key metrics of cash forecasting, Andrew Hawes (Innospec) knew the business could do little more than react to events. But without the collaboration of key stakeholders too, he knew that...

35:08

How to Make Your TMS the Ultimate Investment Tool

The right TMS can be a huge asset to treasury. But these one-stop shops often fall short when it comes to short term investment workflows. In this podcast, Ed Lopez, James Griffin (Calastone), Jeannot Jonas (Carrier...

01:24:00