More NewsS-Pankki Selects SunGard’s Ambit ALM to Help Measure and Manage Risk

S-Pankki Selects SunGard's Ambit ALM to Help Measure and Manage Risk

S-Pankki Oy (S-Pankki), a Finnish commercial bank part of the S-Group, has selected SunGard’s Ambit Asset Liability Management (ALM) solution to help it better manage balance sheet risk and improve strategic and operational decision-making. S-Pankki will also use Ambit ALM for margin analysis applying funds transfer pricing (FTP) and earnings-at-risk calculations to help it achieve transparency across the risk-adjusted profitability contributions of the bank’s assets and liabilities.

S-Pankki was established to manage the credit cards, loans and other financial products offered by the S-Group to its retail clients. Ambit ALM will help S-Pankki perform multidimensional analysis of the balance sheet. S-Pankki selected Ambit ALM because of its broad functional coverage, and SunGard’s deep industry expertise.

Aki Gynther, chief financial officer (CFO), S-Pankki, said: “SunGard’s proven global reputation and access to local implementation resources guided our decision to select Ambit ALM. SunGard took a consultative approach to showcase the direct benefits of the solution by performing simulations using our own data. This convinced us that Ambit ALM closely met both our business and IT requirements. The solution will help us establish a strong foundation for comprehensive risk management so we can be prudent in our decision making, yet strategic for maximised returns.”

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha