Treasury Management
The credit crisis has resulted in external sources of liquidity drying up or becoming very expensive for many banks. Money is being moved to safer havens and the safety of underlying assets is of prime concern. As credit tightens and markets move in and out of turmoil, banks need to keep a close watch over their global cash and risk positions.
New bank sponsored service offerings that provide a corporate customer with a white labeled treasury system, which combine rich functionality and low cost of ownership for the customer, are also gaining favor.
SunGard can help. SunGard’s Ambit Treasury Management consolidates enterprise information into a single, customizable desktop to offer a one-touch, real-time snapshot of global market risk and cash positions. Ambit Treasury Management delivers enhanced cash management capabilities.
Features
- Delivers integrated front-, middle- and back-office treasury support
- Offers centralized management and storage of data
- Supports Front office trade management, market risk management, Nostro/ Vostro account management, accounting operations, portfolio management, collateral tracking and reconciliation
- Provides wide asset class coverage including derivative transactions
- Facilitates corporate treasury outsourcing
Benefits
- Provides visibility of daily cash positions, reduces manual processing, decreases overall operating costs and improves management of liquidity and market risk
- Improves forecasting and management of market risk
- Increases productivity and reduces operational risk
- Improves audit & compliance through segregation of duties.
- Scalable solution that grows with the bank’s business.
- Allows banks to offer additional treasury services thereby increasing revenue and customer loyalty