SunGard's Ambit Helps Finter Bank to Deliver Fair Relationship Banking
Finter Bank Zurich, a Swiss private bank providing investment advisory services and portfolio management to private clients, has completed its implementation of SunGard’s Ambit Apsys Private Banking solution.
(Vocus) January 26, 2010
Finter Bank Zurich, a Swiss private bank providing investment advisory services and portfolio management to private clients, has completed its implementation of SunGard’s Ambit Apsys Private Banking solution. The solution was selected and implemented to help Finter Bank deliver its Fair Relationship Banking model – an approach aimed at enhancing Finter Bank’s knowledge and understanding of its clients and their needs as well as strengthening its client offerings.
Finter Bank prides itself on understanding its clients’ needs and seeing things from their point of view. It is continuously evaluating ways to enhance client service and service quality, improve operational efficiency and optimize its infrastructure to support new business growth. Finter required a solution that would help it improve business process efficiency, provide a single view of the client and accommodate the integration of multiple sites, including its Nassau subsidiary. As a result of its recent acquisition of Bank Hugo Kahn, Finter Bank had a requirement to consolidate multiple systems onto a single platform. Finally, the bank wanted to complete the implementation in an ambitious time frame of only six to seven months. After an evaluation of leading providers, Finter chose SunGard’s Ambit Apsys private banking solution.
Roger Dürig, chief operating officer of Finter Bank Zurich, commented:"SunGard’s Ambit Apsys helps us gain a more integrated, well-rounded view of our clients. The solution also separates client data from the operational data store, which is a key requirement for Finter Bank and optimizes straight-through processing (STP) for key processes."
Daniel Bardini, president of SunGard’s Ambit Apsys business unit, commented: "SunGard’s Ambit Apsys private banking solution provides Finter Bank with the tools to help it streamline its operational processes, improve customer-centricity across clients and provide targeted services, helping the bank meet client needs accurately and efficiently. By consolidating these capabilities on a single platform, we are able to help Finter Bank improve client service, while providing a lower total cost of ownership. We’re pleased with this successful implementation.”
About Ambit
SunGard’s Ambit is a suite of programs for retail, commercial and private banks. It provides banking professionals with solutions that support front-, middle - and back-office operations, and meet financial management, risk and compliance requirements. Ambit helps banks improve customer service management, streamline business processes, comply with regulations and take advantage of growth opportunities. For more information, visit http://www. sungard. com/apsys.
About SunGard
SunGard is one of the world’s leading software and IT services companies. SunGard serves over 25,000 customers in more than 70 countries.
SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software.
With annual revenue exceeding $5 billion, SunGard is ranked 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third-largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented six times. For more information, please visit SunGard at http://www. sungard. com.
*January 2009, Technology Vendors Financial Database Tracker http://www. datamonitor. com
Trademark information: SunGard, the SunGard logo, Ambit and Apsys are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the USA and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
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