Banque Morval Goes Live on SunGard's Ambit Private Banking Solution
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 29 November 2012
Release date- 28112012 - Geneva - Banque Morval, a Swiss private banking institution, has implemented SunGard's Ambit Private Banking solution as its new core banking platform to improve operational efficiency and client centricity.
Ambit Private Banking provides Banque Morval with a single platform on which to centralize customer information and help deliver more personalized services for a better customer experience. By consolidating these operations, Ambit Private Banking will help the bank improve efficiency, reduce costs, lower risk and heighten performance. Now live on the Ambit solution in Switzerland, implementation is now underway at the bank's foreign operations.
The bank has deployed several components of SunGard's Ambit Private Banking solution including Ambit Core Banking, for all core banking activities; Ambit Client Information Management, to help it develop targeted client services, with data confidentiality; and Ambit eBanking, which provides a fully integrated Internet banking service.
Banque Morval selected SunGard based on its proven track record in private banking and its demonstrable expertise in helping increase operational efficiencies and lower costs for banks worldwide.
Massimo Zanon di Valgiurata, chief executive officer of Banque Morval, said, 'Thanks to SunGard's deep industry expertise and delivery excellence, we deployed the Ambit Private Banking solution suite in a demanding timescale and within budget. We now have a single, integrated technology solution that delivers greater operational efficiency and helps us offer innovative products and services to better suit our evolving customer requirements.'
Daniel Bardini, chief operating officer of SunGard's Ambit Private Banking business unit, said, 'The Swiss private banking industry continues to face significant challenges including new privacy and fiscal requirements which are putting pressure on margins. SunGard's Ambit Private Banking solution can help Banque Morval more effectively support its customer-centric business agenda, underpinned by streamlined and agile operational processes.'
About Banque Morval
Banque Morval SA provides private banking and fund management services. It offers portfolio management, company and trust and external advisory services. The company also involves in structuring and arranging investment portfolios for private clients. Banque Morval SA was formerly known as Morval & Cie S.A. Banque and changed its name in November 2007. The company was founded in 1974 and is based in Geneva, Switzerland. Banque Morval SA operates as a subsidiary of Morval Vonwiller Holding S.A. For more information, visit www.morval.ch
About SunGard's 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.
SunGard is one of the world's leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. 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 about $4.5 billion, SunGard is the largest privately held software and services company and was ranked 480 on the Fortune 500. Look for us wherever the mission is critical. 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.
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