Ambit Risk and Performance for Islamic Banking

Islamic banking competition is heightened not only by the increase in the number of startup Islamic banks but also by the entry of large multinational banks with Islamic banking arms into traditional Islamic domestic markets. In order to stay competitive, Islamic banks must become more efficient and capable of supporting a complete set of Sharia’h-compliant products while effectively managing risk.

Islamic banks need to comply with the Sharia’h especially on the prohibition of generating profits without bearing any risk. Islamic banks must apply Sharia’h-compliant risk mitigation techniques wherever appropriate and follow best practices on credit, market, liquidity, and operational risk management as prescribed by BASEL II.

SunGard can help. SunGard’s Ambit Islamic Banking provides a unified view of risk and performance measurements across all activities and markets for a greater and more complete understanding of the Islamic bank's financial picture.

Features

  • Provides a highly flexible platform and the tools necessary to effectively manage risk and achieve compliance with industry regulations, both Islamic and conventional
  • Support both conventional and Islamic banking products within the Basel II framework
  • Provides static and dynamic ALM capabilities
  • Combines market, credit, operational and ALM components with economic capital analytics
  • Provides the tools necessary to reduce operational risk

Benefits:

  • View a complete picture of the Islamic bank’s profitability
  • Rapidly and cost-effectively deploy the type of framework needed to address the most complex risk and capital management requirements
  • Gain a comprehensive and inclusive picture of the Islamic bank’s risk profile and plan of action
  • Comply with corporate governance regulations, including support for industry standards such as Basel II, Sarbanes Oxley and Turnbull