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SWIFT, the non-profit messaging network for banks, plans to acquire the assets of SunGard’s Ambit Messaging Hub, which provides high-volume financial messaging. SunGard’s AvantGard Ecosystem Communications Hub for corporate-to-bank messaging is based on the same technology as Ambit, so the transaction will strengthen the relationship between SWIFT and SunGard, the two organizations say. SWIFT plans to market the newly acquired technology as AMH (Advanced Messaging Hub).

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