Reconciliation
Industry initiatives are shortening settlement windows and heightening risk exposure and regulatory controls. Today, banks need a solution that can perform pre- and post-settlement reconciliation, text matching for confirmations, and intra-day advice and financial matching for cash and post-trade securities items.
SunGard can help. SunGard’s Ambit provides an enterprise-capable reconciliation system that consolidates the reconciliation and exception management process across multiple, disparate lines of businesses and products/instruments on a single platform.
Enterprise-wide standard processes and metrics result in increased control and consistently high-quality customer delivery. Our solution implements control processes across the transaction management organization, helping you to comply with the regulatory requirements imposed by Sarbanes-Oxley, SEPA, TARGET 2, and Basel II.