SunGard's Ambit Retail Banking solution suite is helping UBL achieve greater customer satisfaction, increase employee and client productivity, and deliver innovative and rapid product launches that help meet client needs.
(Vocus) September 28, 2010
United Bank Limited (UBL), one of the largest private banks in Pakistan, has deployed SunGard’s Ambit Retail Banking solution suite to help support its growth strategy. The solution includes SunGard’s Ambit Core Banking, Ambit Customer Service Platform and Ambit Retail Loan Origination.
SunGard’s Ambit Enterprise Banking Suite helped UBL move to a client-centric system, which provides a 360 degree view of a client’s relationship with the bank. By bringing together client and account information from various back-office applications, banking staff across the enterprise have access to a single view of the client’s profile, as well as all interactions and transactions with the bank. This helps UBL’s staff to make informed decisions, provide a greater level of customer service, and effectively promote new products and services. Ambit’s client-centric approach helps UBL enhance its credentials as a well-managed bank – that is, a bank that focuses on its core assets and manages them in a balanced, risk averse and profit-focused manner.
Aameer Karachiwalla, group executive, retail banking at UBL, said, “The implementation of SunGard’s Ambit solution across the bank is aimed at transforming UBL into a bank that invests in technology to offer better service to its clients while increasing efficiency inside the bank. Ambit will help UBL to evolve the bank’s culture by helping us to better meet our clients’ goals and provide valuable experiences, rather than simple products and services.”
David Hamilton, president of SunGard’s banks business, said, “SunGard’s Ambit Retail Banking solution suite is helping UBL achieve greater customer satisfaction, increase employee and client productivity, and deliver innovative and rapid product launches that help meet client needs.”
About United Bank Limited
UBL is one of Pakistan’s largest private banks. It has an extensive network of over 1,100 branches in Pakistan and a strong presence overseas with 17 branches, 3 representative offices, a subsidiary and 2 joint ventures in 11 countries. With a wide-ranging and dynamic portfolio of globally competitive products and services, and a proven track record spanning over half a century, UBL today is at the forefront of the banking sector in Pakistan as well as in the region.
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.
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