New York City, NY (PRWEB) June 28, 2011
SunGard has expanded its industry-leading risk advisory service by launching the Ambit Risk Institute. The Ambit Risk Institute builds on SunGard’s experience in risk consulting and expertise in banking, technology and regulations to help financial institutions enhance how risk and performance are managed, achieve regulatory compliance, and improve internal governance. It will also be a source of information, education and thought leadership about risk management and related issues.
Regulations such as Dodd-Frank and Basel III are driving banks to adopt more stringent risk management practices. Meeting stricter capital adequacy requirements and demonstrating greater visibility and control over liquidity will require more disciplined management of risk. The Ambit Risk Institute brings together consulting skills with banking, technology and regulatory knowledge to help banks tackle complex risk and performance management issues such as data capture, analysis, reporting, governance and compliance..
Andreas Hug, chief operating officer for SunGard’s Ambit Risk & Performance Management business unit, said, “Investing in improving risk management capabilities will help banks benefit from increased performance and competitiveness and higher levels of risk-adjusted profitability. Leveraging the experience of our banking experts and our technology solutions, SunGard’s Ambit Risk Institute provides advisory services and thought leadership to help banks better manage risk and performance and achieve regulatory compliance.”
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 of about $5 billion, SunGard is ranked 434 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 SunGard at 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.