Zurich (PRWEB) April 11, 2011
Bank Gutenberg AG, a private banking subsidiary of the Cat Group AG, has implemented SunGard’s Ambit Private Banking solution suite, and is now live on Ambit Core Banking, Ambit Client Information Management and Ambit Mobile Banking. SunGard’s Ambit Private Banking solution suite has helped the bank establish a client-centric private banking institution that delivers trusted and independent advice. With Ambit, Gutenberg Bank’s wealth managers gain a single, integrated view of their clients’ investment position. This is helping them enhance their advisory and financial planning models and achieve greater competitiveness.
Bank Gutenberg is using Ambit Core Banking to provide the technical infrastructure behind its new private banking and wealth management services. Ambit Client Information Management separates client confidential data from portfolio positions within the bank. SunGard’s Ambit Mobile Banking helps Bank Gutenberg provide clients with immediate global access to their portfolio via a secure iPad application. This enhanced transparency helps clients and external asset managers more efficiently monitor and manage portfolios.
Michael Widmer, chief executive officer of Bank Gutenberg, said, “Thanks to SunGard’s deep industry expertise and delivery excellence, we were able to go live on the Ambit Private Banking solution suite within a demanding timescale and within budget which was critical as the technology needed to be in place in order to launch the new bank. SunGard provided private banking technology infrastructure that delivers operational efficiency and helps us offer competitive products and services.”
Daniel Bardini, chief operating officer of SunGard’s Ambit Private Banking business unit, said, “SunGard’s range of proven banking solutions helps financial institutions effectively manage their core assets and become well-managed banks. With SunGard’s Ambit Private Banking solution suite, Bank Gutenberg has established a private banking system focused on client-centricity with streamlined operational processes. By managing all banking activity via a single platform, we are able to help Bank Gutenberg offer high levels of client service, while providing a lower total cost of ownership.”
About Bank Gutenberg
Bank Gutenberg AG is a 100% subsidiary of Cat Group AG whose company history spans more than 20 years. The Cat Group is active in the fields of asset management, funds and banking services and is listed on the Berne Stock Exchange under the symbol CAF. Bank Gutenberg offers a broad range of banking services and is a reliable partner for discerning private clients, external asset managers and institutional clients. The bank’s clients receive personal and efficient service which incorporates future-oriented, transparent and independent solutions. As a security-conscious Swiss private bank, the bank’s utmost priority and goal is to gain a comprehensive understanding of the clients' specific needs and expectations and act accordingly. Located in Zurich, the bank is firmly rooted in Switzerland. For more information, visit http://www.bankgutenberg.ch
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 compliance. Ambit helps banks retain and acquire customers, achieve dynamic staff efficiency and 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 of about $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. 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.
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