Press Releases
Thailand's TMB Bank Selects SunGard's Ambit Risk & Performance Solution for Integrated Bank Trading, Improved Profitability and Regulatory Compliance
August 9, 2010 — Singapore
TMB Bank Public Company Limited (TMB) has selected SunGard’s Ambit Risk & Performance Management solution to help measure and manage its market and liquidity risk more efficiently. The solution will provide TMB’s risk managers with more accurate and detailed data and analysis, helping them to better understand the impact of market changes on the balance sheet and make more informed business decisions.
Ms. Oranuj Tantimedh, head of market risk at TMB Bank, said, “Risk management continues to play a critical role in our business, particularly following Thailand’s financial crisis in 1997 and the most recent global financial crisis in 2008. SunGard’s Ambit Risk & Performance Management solution will help TMB improve the management of capital, risk and business performance, thereby helping to ensure sustainable business continuity.”
Andreas Hug, general manager for SunGard’s Ambit Risk & Performance Management business unit, said, “Effective management of risk and performance are crucial for banks to establish more strategic risk management practices and gain or sustain a competitive advantage. SunGard’s Ambit Risk & Performance solution provides integrated risk management that facilitates multi-dimensional analysis of the balance sheet, and detailed modelling on a wide range of variables quickly and accurately.”
About Ambit
SunGard's Ambit is a banking solution suite for retail, commercial and private banks. It provides banking professionals with solutions that support front-, middle- and back-office operations, as well as solutions for financial management, risk and performance. Ambit helps banks retain and acquire customers, improve staff efficiency and effectively measure and allocate their capital. For more information, visit www.sungard.com/ambit.
About SunGard
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit www.sungard.com
Trademark Information: SunGard, the SunGard logo and Ambit are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.