Zurich (PRWEB) May 24, 2011
Neue Helvetische Bank, a newly formed Swiss private bank, has implemented SunGard’s Ambit Private Banking solution suite to help it establish a client-centric private banking platform. The bank is using a range of solutions from across SunGard’s financial systems portfolio including: Ambit Core Banking to provide the core banking infrastructure; Ambit Client Information Management to separate client confidential data from portfolio positions within the bank; and Ambit eBanking to provide a fully integrated Internet banking service. The bank is also using SunGard’s Valdi trading solution to provide global market data and financial calculators for trade management.
This is the second deployment of SunGard’s Ambit Private Banking solution at a private bank co-founded by Neue Helvetische Bank’s founder and chairman, Thomas Matter. The bank has deployed SunGard’s Ambit Core Banking, Ambit eBanking and Valdi Global Trading solutions via SFB services4banks AG - an application service provider (ASP) in Switzerland. It has selected to implement SunGard’s Ambit Client Information Management solution off-site.
Daniel Hefti, chief executive officer of Neue Helvetische Bank, 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 budget and in less than six months. By deploying the solutions using a combination of ASP-based and installed models, we were able to reduce the implementation timeframes as well as minimize ongoing maintenance costs while upholding the strict security needs of our high net worth clients. SunGard is our trusted partner for building and maintaining an efficient private banking technology infrastructure that delivers operational efficiency and helps us offer competitive private banking and wealth management services.”
Daniel Bardini, chief operating officer of SunGard’s Ambit Private Banking business unit, said, “I am pleased to again support the launch of a new private bank established by Mr. Matter. SunGard’s range of proven solutions helps banks effectively manage their core assets and become well-managed banks. With the assistance of SunGard’s Ambit Private Banking solution suite, Neue Helvetische Bank has established a private bank focused on client-centricity with improved cost management and greater diversified products and services helping the bank provide excellent delivery standards and investment returns to their clients.”
About Neue Helvetische Bank
Neue Helvetische Bank AG is a politically and financially independent private banking institution based in Zurich, Switzerland. It offers premium services in the areas of advisory, asset management, corporate finance and research. Neue Helvetische Bank aims primarily to cater to the needs of entrepreneurs and former entrepreneurs as well as to qualified private investors. Approximately 70 percent of Neue Helvetische Bank is held by the founding partners, the Board of Directors, Management and employees.
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, 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 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.
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