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21st September 2012

SunGard Ambit Wealth Management for Asia launched

SunGard launched Ambit Wealth Management this week a STP wealth management solution designed to help improve client service and improve retention for institutions in Asia.

SunGard states, :"Ambit Wealth Management will help Asia’s wealth management firms adapt to changing market conditions by providing relationship managers with up-to-date industry news, regulatory updates and detailed client information. This ‘single view’ will allow relationship managers to customize client services while also helping ensure compliance with industry regulations. The solution’s mobile capability permits relationship managers to provide client services ‘on the go’....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. "

Edward Lopez, executive vice president, SunGard’s wealth and private banking business unit, said, “The changing face of wealth management in Asia means financial services providers need to quickly address evolving regulation, growing investor demands, margin pressure and an increasingly educated customer base, in order to succeed in the region. SunGard has developed the Ambit Wealth Management solution suite to help banks navigate the complexity of Asia’s wealth management industry.”