Sungard Availability Services Cloud to Power GlobalTeq USA Mobile Payments Solution

WAYNE, Pa., April 24, 2014 /PRNewswire/ -- Sungard® Availability Services™(Sungard AS), a leading provider of information availability through managed IT, cloud and recovery services, today announced that GlobalTeq USA has selected Sungard AS Enterprise Cloud Services to build a secure business environment supporting their Software as a Service (SaaS) solution which serves as a mobile payments tool for the financial and retail sector.

GlobalTeq is an innovative mobile money transfer solution that enables financial institutions and retailers to offer customers 24/7 payment technology. This secure and scalable platform helps organizations create long-term, valuable relationships with their customers, while servicing them in the most cost-effective manner possible. Linking millions of data-connected mobile devices securely with institutions around the world, GlobalTeq USA gives customers a viable alternative to the conventional market approach to managing their accounts, paying for transactions and sending funds overseas.

"In today's fast-paced business, optimal performance, multi-layer security and strict compliance are top priorities," said Chris Taylor, GlobalTeq USA chief executive officer. "Sungard AS meets our needs on every level, and those are huge selling points for us because we are a business that runs 24/7 and handles thousands of transactions every millisecond."

Sungard AS Enterprise Cloud Services comprise a fully managed suite of computer, network and storage resources delivered on a resilient cloud infrastructure. Applications and data remain protected through disciplined process control to deliver accountability, ownership and transparency. Furthermore, Sungard AS' ISO certification (ISO 20000-1 quality standards) offers GlobalTeq the confidence they need to become the preferred solution for mobile banking technology and payment solutions.

"Just as GlobalTeq USA provides its customers the access they need to process financial transactions quickly and securely, Sungard AS gives GlobalTeq USA the always on, always available environment they require to keep their applications running smoothly," said Jack Dziak, Sungard AS executive vice president and general manager, Managed Services. "Sungard AS Enterprise Cloud Services deliver the high availability and scalability that customers demand for their most critical applications, and we are proud to support GlobalTeq USA as they expand their presence around the world."

For additional information on Sungard Availability Services, please visit www.sungardas.com.

About GlobalTeq™

GlobalTeq USA is a mobile payments technology solution. The company offers a zero-commission, low flat rate platform for banks, businesses, and their customers to instantly send and receive money, pay bills and manage their finances through mobile devices. GlobalTeq gives financial institutions and retailers a competitive edge by integrating its leading mobile money transfer technology with a vast amount of innovative mobile marketing and advertising features. 

About Sungard Availability Services

Sungard® Availability Services™ (Sungard AS) has more than 30 years of experience providing flexible availability services that help ensure organizations keep applications always on, always available. The company leverages its proven expertise to provide managed IT services, information availability consulting services, business continuity management software and disaster recovery services to clients in North America, Europe and India. Sungard AS helps customers improve the resiliency of their mission critical systems by designing, implementing and managing cost-effective solutions using people, process and technology to address enterprise IT availability needs.

To learn more, visit www.sungardas.com or call 1-800-468-7483. Connect with us on Twitter @sungardas, LinkedIn and Facebook.

Sungard Availability Services is a trademark of SunGard Data Systems or its affiliate, used under license.   The Sungard Availability Services logo by itself is a trademark of Sungard Availability Services Capital, Inc. or its affiliate.

SOURCE Sungard Availability Services

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