Fiat selects SunGard for Swift connectivity

Fiat Finance, the centralised treasury and in-house bank of the Fiat Group, has chosen SunGard's AvantGard platform for Swift messaging and connectivity. Fiat Group will use AvantGard for integrating the payment messaging of its treasury operations to Swift and to help improve its existing international payment factory. SunGard says the project will encompass multiple centres across Europe, helping Fiat Finance improve its visibility and control over financial flows. The AvantGard Payments p