There is real needs for banks to better identify trends or relationships that are impacting the risk-adjusted profitability of products, customers or operating units.
(Vocus) September 1, 2010
SunGard has launched the Ambit Credit Risk Management solutions suite to help commercial and retail banks increase their risk-adjusted performance through better lending decisions. Ambit Credit Risk Management is comprised of Ambit Credit Assessment, Ambit Credit Portfolio Monitoring, Ambit Capital Management and Ambit Profitability Analysis, providing a single solutions suite to support banks’ credit risk software and consulting needs. The components can be deployed individually or as a comprehensive solution suite depending on the unique business requirements of each customer.
Regulators are increasing pressure on banks to both better balance risk exposure with profitability targets, and maintain higher capital and liquidity buffers. This will increase operational cost and impact the ability to maintain risk adjusted profitability. Ambit Credit Risk Management can help banks by providing a standardized approach to assess customer creditworthiness, improve transparency and monitor credit portfolios with risk analysis and stress testing. The solution suite is also able to run both regulatory and economic capital calculations side by side to help determine the most efficient use of capital.
“There is real needs for banks to better identify trends or relationships that are impacting the risk-adjusted profitability of products, customers or operating units.” said Andreas Hug, managing director for SunGard’s Ambit Risk and Performance Management business unit. “Ambit Credit Risk Management helps banks make better informed decisions about credit worthiness at the initial stages of client evaluation, determine the impact of both internal and external factors to the risk around their portfolio, and subsequently determine the risk associated with their lending portfolio to their short and long term profitability.”
SunGard's Ambit is a banking solution suite for retail, commercial and private banks. It provides banking professionals with solutions that support front-, middle- and back-office operations, as well as solutions for financial management, risk and performance. Ambit helps banks retain and acquire customers, improve staff efficiency and effectively measure and allocate their capital. For more information, visit http://www.sungard.com/ambit.
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 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 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit http://www.sungard.com.
Trademark Information: SunGard, the SunGard logo and Ambit are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.