SunGard revamps Ambit treasury management suite

Source: SunGard

SunGard has enhanced the Ambit Treasury Management solution suite by integrating analytical tools for liquidity management, capital allocation and revenue protection, in order to help banks improve balance sheet management and comply with industry regulations such as Basel III and Dodd Frank.

The enhanced solution will also help banks manage and minimize the risks that customer activity can pose to the bank's balance sheet. In addition, the integrated analytical capabilities will help banks gain a complete and accurate view of their treasury and balance sheet activities to support increasing internal compliance requirements.

Peyman Mestchian, managing partner, Chartis Research, said, "A fragmented IT landscape has hindered banks from viewing their overall cash position and risk exposure, particularly during fast-moving cycles and unstable markets. A holistic approach will help banks achieve the consolidation required to become more responsive to both external and internal risk management requirements."

Andreas Hug, chief operating officer for SunGard's Ambit Treasury Management business, said, "As banks seek to assure stakeholders of profitability and stability, the treasurer's role has evolved to overall steward of the balance sheet. Today's bank treasurers are responsible for ensuring liquidity requirements are met, assuring the bank's solvency and safeguarding future revenues. In order to help bank treasurers meet these challenges, Ambit Treasury Management now provides banks with industry-leading risk management tools as standard features, helping ensure a consolidated and transparent view of the bank's balance sheet positions."

SunGard's Ambit Treasury Management solution suite now includes Ambit Liquidity Risk, Ambit Funds Transfer Pricing, Ambit Cash and Liquidity Monitor, Ambit ALM, Ambit Treasury Management, and Ambit Retail Margining. 

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