Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Alliance Capital Taps CheckFree Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, October 16, 2001

Alliance Capital Taps CheckFree

Reported by Tony Pennino

Alliance Capital has selected RECON-Plus, a service from CheckFree, to automate some of its manual processes and provide support for reconciliation of international mutual funds operations. Alliance Capital will also be deploying RECON SOLVER, which will be utilized to automate the processing of financial exceptions.

The platforms will be set up in the firm's Luxembourg, Singapore, and U.S. offices.

"As one of the world's largest investment firms, we require vendor systems that can support our premier mutual funds operations," stated Alan Halfenger, senior vice president at Alliance Capital. "We have confidence in CheckFree's industry-standard solutions, based on their expertise and knowledge in the mutual fund business. After talking with their other international companies, we knew CheckFree was the clear choice for us."

Ideally, the solutions will enable Alliance Capital to reconcile its assets managed for international funds; the products are designed ot maximize benefits while at the same time reducing risks.

"We provide state-of-the-art business solutions so that leading global organizations such as Alliance Capital can operate more smoothly and efficiently in today's challenging marketplace," added Mark Zill, senior vice president and general manager at CheckFree Financial and Compliance Solutions. "Using RECON-Plus for Windows and RECON SOLVER, our clients can manage exposure while meeting their competitive challenges." 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use