Banque Cantonale Neuchâteloise Adds SunGard’s Ambit Funds Transfer Pricing for Integrated Balance Sheet Management

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Banque Cantonale Neuchâteloise (BCN), a Swiss universal bank based in the canton of Neuchâtel and a longstanding customer of SunGard’s Ambit Asset Liability Management (ALM) solution, has now deployed SunGard’s Ambit Funds Transfer Pricing (FTP).

Banque Cantonale Neuchâteloise (BCN), a Swiss universal bank based in the canton of Neuchâtel and a longstanding customer of SunGard’s Ambit Asset Liability Management (ALM) solution, has now deployed SunGard’s Ambit Funds Transfer Pricing (FTP). Since 2006, BCN has been using Ambit ALM to perform static and dynamic asset-liability management and liquidity risk management and now is also using the solution to carry out a full range of FTP analysis.

BCN is using Ambit for margin analysis, and to apply FTP to help enhance transparency across the risk-adjusted profitability contributions of the bank’s assets and liabilities. In addition, BCN is using Ambit to help it perform complete multi-dimensional analysis of its balance sheet and build consistency with ALM results in order to help it maximize net interest income, comply with regulations and improve risk management. The bank was able to implement Ambit FTP within a demanding time-frame of two months.

Arnaud Lecoultre, Head Finance and Risk, said, “We have built a trusted relationship with SunGard having used its Ambit risk management solutions for several years. The addition of the FTP component of SunGard’s comprehensive Ambit asset liability management solution is helping us further enhance our ability to measure, monitor and manage our balance sheet and increase the transparency of our business decision-making across the bank.”

Alwin Meyer, chief operating officer of SunGard’s Ambit Risk & Performance Management business unit, said, “As margin pressure continues to grow in this low interest rate and highly uncertain environment, our customers are looking to manage liquidity risk and basis risk to help maximize interest income. SunGard’s Ambit ALM solution can help banks like Banque Cantonale Neuchâteloise effectively measure and manage risk, forecast balance sheet performance and meet regulatory requirements.”

About Banque Cantonale Neuchâteloise
Banque Cantonale Neuchateloise provides banking services to retail and local corporates. The bank was founded in 1883 and is based in Neuchatel, Switzerland.

About SunGard’s Ambit
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.

About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, 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 $4.5 billion, SunGard is the largest privately held software and services company and was ranked 480 on the Fortune 500. 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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Adriana Senior
SunGard
718-578-1130
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