Ambit Securities and Cash Reconciliation
Regulatory controls and risk exposures are increasing. Settlement windows are shortening. The current market environment is forcing banks to balance cost reduction with operational efficiency improvements.
SunGard can help. SunGard’s Ambit Securities and Cash Reconciliation provides real-time matching and reconciliation and integrated exception processing regardless of the data being processed. Ambit Securities and Cash Reconciliation scales from single department to enterprise- wide processing that ensures tight control no matter the size of the bank. The result is streamlined operations and improved efficiency.
Features
- Matching coverage extends to Cash and Treasury—Cash positions, FX, nostro accounts and internal accounts
- Covers matching of Securities—positions, movements, confirmations and statements across all asset classes including equities, fixed income and money markets
- Provides multi-branch, multi-currency support
- A single platform for reconciliation and exception processing
- Provides a flexible, rules-based matching engine and a unique data ingestion and parsing model
- Provides a dashboard for consolidated actionable views across business lines and geographies
Benefits
- Fast time to market for new strategies
- Cost savings by identifying costly exceptions earlier in the lifecycle
- Centralise processes and build a center of excellence
- Automation of manual processes will assist with the reduction of operational risk
- Automation will provide more process control and governance