Banque Morval, a Swiss private banking institution, has implemented SunGard's Ambit Private Banking solution as its new core banking platform to improve operational efficiency and client centricity.
Ambit Private Banking provides Banque Morval with a single platform on which to centralize customer information and help deliver more personalized services for a better customer experience. By consolidating these operations, Ambit Private Banking will help the bank improve efficiency, reduce costs, lower risk and heighten performance. Now live on the Ambit solution in Switzerland, implementation is now underway at the bank's foreign operations.
The bank has deployed several components of SunGard's Ambit Private Banking solution including Ambit Core Banking, for all core banking activities; Ambit Client Information Management, to help it develop targeted client services, with data confidentiality; and Ambit eBanking, which provides a fully integrated Internet banking service.
Banque Morval selected SunGard based on its proven track record in private banking and its demonstrable expertise in helping increase operational efficiencies and lower costs for banks worldwide.
Massimo Zanon di Valgiurata, chief executive officer of Banque Morval, said, "Thanks to SunGard's deep industry expertise and delivery excellence, we deployed the Ambit Private Banking solution suite in a demanding timescale and within budget. We now have a single, integrated technology solution that delivers greater operational efficiency and helps us offer innovative products and services to better suit our evolving customer requirements."
Daniel Bardini, chief operating officer of SunGard's Ambit Private Banking business unit, said, "The Swiss private banking industry continues to face significant challenges including new privacy and fiscal requirements which are putting pressure on margins. SunGard's Ambit Private Banking solution can help Banque Morval more effectively support its customer-centric business agenda, underpinned by streamlined and agile operational processes."