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Trend towards Consolidation of Bank Accounts and Payment flows, says new SunGard study

According to a new study by SunGard, companies today are looking for diversity, rather than consolidation, in their global banking relationships. According to the study, 28% of the large multinational organizations have 10% or more cash management banks. The trend differs from SunGard's last year study which showed that 25% of large multinational organizations operated with 10 or more cash management banks.

Some of the key findings of this report focused on the b2b market are:

1. Consolidating bank accounts< ...

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