Toyota Capital Malaysia (“TCAPM”) (a joint venture between Toyota Financial Service of Japan and UMW Corporation) has selected SunGard’s AvantGard Treasury (Integrity) to manage treasury and cash management.
TCAPM’s business has grown substantially with total managed assets standing at MYR4,078 million as of September 30, 2013. Moving forward TCAPM will embark on an aggressive expansion plan, creating the need for a solution to manage its treasury operation in terms of liquidity and derivatives management.
SunGard’s AvantGard Treasury solution will enable TCAPM to improve operational efficiency by optimizing resources and having access to more accurate and timely information to enhance the decision-making process.
“Our primary focus is to improve cash visibility through controlled straight-through-processing, integration with other systems and timely accurate management reporting. SunGard’s AvantGard Integrity meets those needs and is scalable to support mid-term business growth.” Mr Kuan Kock Heng, President, Toyota Capital Malaysia