Ambit Reconciliation
Reconciling transactions is a critical element of a bank’s back-office operations. Industry initiatives are shortening settlement windows and the current market environment is forcing banks to balance cost reduction with improvements in operational efficiency.
The main objective of performing reconciliation is to identify incompatibilities in data and achieve resolution. Managing increasing trade volumes, reducing manual errors, achieving data consistency and dealing with the diverse systems storing data can be challenging. To succeed, banks require 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 in an accurate, secure and efficient way.
SunGard can help. SunGard’s Ambit Reconciliation provides real-time matching and reconciliation with integrated exception processing on a single platform to improve efficiency.
What We Offer
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Ambit Securities and Cash Reconciliation
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.
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Ambit System to System Reconciliation
Ambit System to System Reconciliation provides highly scalable, real-time matching and reconciliation across the enterprise, supports hubbed or centralized operations models, as well as single line of business processing. Transactions and data, regardless of source, are processed in real-time on a single platform; including cash, securities, confirmations, energy trades, and system messages, for complete transaction lifecycle management.