SunGard said the solution will also be a source of information, education and thought leadership about risk management and related issues.
Regulations such as Dodd-Frank and Basel III are driving banks to adopt more stringent risk management practices.
According to the SunGard, the Ambit Risk Institute brings together consulting skills with banking, technology and regulatory knowledge to help financial institutes tackle complex risk and performance management issues such as data capture, analysis, reporting, governance and compliance.
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.
SunGard CEO for Ambit Risk & Performance Management business unit Andreas Hug said leveraging the experience of SunGard’s banking experts and its technology solutions, SunGard’s Ambit Risk Institute provides advisory services and thought leadership to help banks better manage risk and performance and achieve regulatory compliance.
