Heli Huhtala, head of group treasury, Ålandsbanken, commented: “SunGard’s risk and performance management customer base was an appealing factor in our search and we are confident that these solutions are best suited to our risk management and compliance requirements. Ambit ALM and Liquidity Risk give us the flexibility to address very specific local regulatory requirements and to help achieve wider risk management goals across our organization. New efficiencies through data integration and reporting will not only help us to better comply with current and future regulation, but will also help us to boost performance and enhance our competiveness.”
About POP Pankki
POP Pankki – group consist of 36 independent local co-operative banks with 126 branch offices, mutual guarantee fund and POP Vakuutus - a modern non-life insurance company. POP Pankki –group has more than 300,000 customers all over Finland. POP Pankki –group is highly acclaimed by customers for exceptional customer service standards. Independent survey companies have proved POP Pankki –group to be the provider of best customer service in banking industry in Finland for consecutive 10 years.
The Savings Banks Group consists of 33 Savings Banks and their central organisation, the Savings Banks Association. Savings Banks are partnered with various service providers to offer their customers access to nearly 400 branch offices (of which 206 their own), 190 payment machines and all ATMs in Finland. The fundamental task of Savings Banks is to promote saving and financial well-being of their customers. Our service relies on four key principles: Being close to customers, taking the customers' different life stages into consideration, offering professional services and offering service locally. The Banks target continued profitable growth and aim to maintain their capital adequacy at a secure level. Operating profit in 2012 amounted to EUR 67,1 million, capital adequacy was 22.1% and the number of customers 588,500. www.saastopankki.fi.
The Bank of Åland is a bank with strong customer relationships and personal service. The Bank has extensive financial investment expertise and at the same time can offer good financing services. The commercial bank was founded in 1919 and has been listed on the Nasdaq OMX Helsinki Oy (Helsinki Stock Exchange) since 1942. The Bank of Åland’s Head Office is in Mariehamn. The Bank has eight offices in the Åland Islands and eight offices elsewhere in Finland. The Bank has three offices in Sweden. A total of seven subsidiaries, whose operations are connected in various ways to banking, belong to the Bank of Åland Group, see www.alandsbanken.fi.
About SunGard’s Solutions for Risk Management
SunGard’s solutions for risk management cover pre- and post-trade risk management; integrated, enterprise-wide market, liquidity, credit and operational risk management; asset liability management; and trade surveillance. These solutions can be used across trading and clearing platforms and around multiple asset classes to help organizations better understand their exposure, improve the visibility and understanding of risk across the enterprise, and comply with regulations globally. SunGard’s customers include banks, broker-dealers, securities firms, clearinghouses, hedge funds, pension funds, asset managers, insurance companies, corporations and government entities of varying sizes, geographical locations and organizational complexities.
SunGard is one of the world’s leading software and technology services companies. SunGard serves approximately 25,000 customers in more than 70 countries and has approximately 17,000 employees. SunGard provides software and processing solutions for financial services, 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 of over $4.0 billion, SunGard is the largest privately held software and services company. For more information, please visit www.sungard.com.
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SunGard, the SunGard logo, and Ambit, Ambit ALM, Ambit Capital Management and Ambit Liquidity Risk 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.