GlobalTeq USA has deployed Sungard AS Enterprise Cloud Services to develop a secure business environment for supporting their Software as a Service (SaaS) solution which serves as a mobile payments tool for the financial and retail sector.

GlobalTeq is a mobile money transfer solution that allows financial institutions and retailers to offer customers 24/7 payment technology. It will enable organizations create long-term relationships with their customers, while servicing them in a cost-effective manner.

According to Sungard AS, the Enterprise Cloud Services will comprise a fully managed suite of computer, network and storage resources delivered on a resilient cloud infrastructure.

Sungard AS said that its ISO certification will offer GlobalTeq the confidence they need to become the preferred solution for mobile banking technology and payment solutions.

GlobalTeq USA CEO Chris Taylor said: "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 executive vice president and general manager of managed services, Jack Dziak, added: "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.

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