Sungard acquires northern archs 42 to create ambit asset finance. Over the years, since the sungard takeover, the numbers of. Ambit bancware ambit asset liability management pages 1. Birmingham, al september 18, 2000 sungard asset management systems has launched addvantage, the industrys. Sungard asset management discover top business software. Sungard ambit technical expertise implementation expertise with the ambit product and knowledge asset finance business knowledge will be a plus additional information all your information will be. Silverlake axis ltd acquires sungard ambit singapore. Sungard launches new version of its ambit core banking. Sungard financial systems now part of fis linkedin. Sungards ambit solution suite for risk and performance helps banks gain a centralized view of risk, liquidity, capital and profitability across the enterprise for improved decision making and. Asset resolution picks sungards ambit solution ftf. Leasing lifes conference provides the ideal setting for the industry to come together to discuss its progress in this ever growing digital world.
Sungard announces fourth quarter and fullyear 2012. Fis, a global leader in banking and payments technology, as well as consulting and outsourcing solutions, recently acquired sungard, one of the worlds leading financial software and technology services companies. We built a cloud app that solves one of our biggest inefficiencies here at ambit asset finance. The asset finance industry is not only growing fast but evolving quickly as more customers now expect a digital experience similar to online retail. Sungard acquires northern archs 42 to create ambit asset. The name of the company originally was an acronym which stood for sun guaranteed access to recovered data, a reference to the. Sungard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. Financial enterprises use banking software that keeps track of all transactions within the ambit of banking and finance institutions. Oct 24, 2014 sumitomo mitsui finance and leasing company limited smfl has gone live with sungards ambit asset finance solution to support their service extension to clients in the us. Lead consultant ambit asset finance at sungard now part of fis. Sungard asset management software can help institutions of all sizes strengthen their operations. Sungards acquisition of northern archs 42 solution and related business creates a new business within sungard for asset finance and leasing, combining product development, sales, delivery and. Sushant bhansali is the ceo of asset management business and a member of ambits executive committee. With sungards ambit bancware alm you can evaluate the impact of runoff and new business, either in combination or separately model the effect of product and business.
Hancock bank selects sungards ambit credit risk management. Just before sungard was acquired by fis it sold ambit to. Sungard s ambit asset finance equipment leasing software enables leasing companies to manage products, partners and applications by consolidating the underlying technology for those functions in a. Principality building society selects sungards ambit for. Sungard creates ambit asset finance through acquisition.
Fis formerly sungard data systems rimes technologies. Marion juteau senior project manager, ambit asset finance. Asset resolution picks sungards ambit solution ftf news. Turnkey lender is a cloudbased commercial loan software for evaluating borrowers, decisionmaking support, and onlinelending process automation. All functions can be accessed realtime through a browser with accounting information instantly updated seven days a week, 24 hours a day.
The platform covers all stages of entire lending lifecycle including borrower management. Fis offloads ambit biz to new access banking software. Fis, a global leader in banking and payments technology, as well as consulting and outsourcing solutions, recently acquired sungard, one of the worlds leading financial software and technology. Industrys first fully webenabled solution based on microsoft windows 2000. Oct 31, 2011 about sungards ambit sungards ambit is a banking solution suite for retail, commercial and private banks. Sumitomo mitsui goes live with sungards ambit asset. Based on analytical information from asset and liability management alm and liquidity risk calculations, treasurers can implement. Sungard was an american multinational company based in wayne, pennsylvania, which provided software and services to education, financial services, and public sector organizations. For updates and the latest news, visit fis on linkedin or our website. Vinayy natarajan lead consultant ambit asset finance at sungard now part of fis bengaluru, karnataka, india 361 connections.
Leasing and banking veteran now using her substantial skills to support sungard clients in the us using our ambit leasing system to manage their asset and lease finance portfolios. This is a very important project for both somerset and sungard, and were pleased to be viewed as strategic partners by the group. We believe the choice of sungard, and its ambit solution, is the right one to meet our needs. Ambit asset focus alm ambit bancware liability management. There are currently around 25 banks running symbols ambit core. Sungard as provides managed it, business resilience consulting, and disaster recovery services draas to organizations in north america, europe and india. See how fis ambit asset finance technology can help your financial institution offer customers a streamlined, integrated and highly automated auto and. Damco solutions hiring technical consultant sungard ambit. Ambit treasury quantum is a centralized fronttoback office solution with straightthrough processing for cash, liquidity and multiple asset classes that are most commonly used by a banks treasury desk. The name of the company originally was an acronym which stood for sun. Sungard now part of fissies college of mgmt studies.
Our software enables companies to use one highlyflexible system for managing equipment, vehicle, consumer, commercial and real estate. Sungard availability services offers resilient, hardened data and. Sungard asset management is a asset management software. A hosted dr infrastructure delivers resilience and security. A major australian bank selected sungards ambit asset finance platform to help unify its leasing operations and support the development of its domestic and regional asset finance businesses. Our four businesses serve 25,000 customers in over 70 countries. A large loophole was identified as a result of this. Sungard is one of the worlds leading software and technology services companies. Global asset finance software lease and loan management description. Market study on the asset finance software market pwc uk. Over the years, since the sungard takeover, the numbers of new sales dwindled and many existing customers left. Fis ambit asset finance solution provides a fronttobackoffice asset finance software and lease accounting platform that helps you deliver the. Sungard ambit technical expertise implementation expertise with the ambit product and knowledge asset finance business knowledge will be a plus. Fis ambit asset finance enables you to put the customer first through a streamlined, integrated and highly automated solution that makes getting an auto lease or loan far less cumbersome for the.
Mar 25, 2010 vocus march 25, 2010 hsbc equipment finance ltd. It has the complete details of the potential customers such as a postal address, contact number, email address, sic code, naics code, and others. The banking and finance software users list represents two. Dec 01, 2015 fis, a provide of banking and payments technology, announced yesterday nov. Dave barrett, chief operating officer of sungards ambit corporate banking business unit, said, leasing and equipment finance companies are. Singapore, 18 september 2015 singapore exchange mainboard listed silverlake axis ltd silverlake axis or the group, a leading provider of digital economy solutions and services to major. Sungard announces fourth quarter and fullyear 2012 results. Amalgamated investment bancorporation aib, an investment house which has been operating in the philippines since 1998, has selected sungards ambit treasury management to help streamline its treasury operations and support new growth opportunities. Sungard as united states transforming it for resilient. The pennsylvaniabased software solutions provider, sungard, offers a host of financeoriented solutions designed to ease banking operations for clients around the world. Sumitomo mitsui finance and leasing company goes live with.
Sungard launches new asset management software solution. Oct 28, 2009 vocus october 28, 2009 somerset capital group ltd. As for sungard, it is preoccupied, no doubt, with its takeover by fellow us software and solutions provider, fis. Michael carson software engineer sungard ambit asset. Sungard ambit technical expertise implementation expertise with the ambit product and knowledge asset finance business knowledge will be a plus additional information all your information will be kept confidential according to eeo guidelines. Sungard is comprised of three businesses financial systems, k12 education and public sector that provide technology and infrastructure services, and software and processing solutions. Fis is the worlds largest global provider dedicated to banking and payments technologies. Oct 04, 2011 sungard said it acquired northern archs 42 solution, a global leasing and financing process management solution. With asset finance companies facing changing regulation, competitive pressures and tight margins, the ambit asset finance software solution can help you. View sarah newmans profile on linkedin, the worlds largest professional community. Before asset management, he led ambits principal investment business, where he cut his teeth investing in listed equities from ambits balance.
See the complete profile on linkedin and discover sarahs connections and jobs. We selected sungards ambit asset finance solution because of its global presence and proven track record, as well as the indepth. Feb 07, 20 a major australian bank selected sungard s ambit asset finance platform to help unify its leasing operations and support the development of its domestic and regional asset finance businesses. Cassiopae offers the only singlesource software solution that can support basic to highlystructured leases and loans anywhere. In the overgrowing industry of sungard, the software continues to grow meaning clients would always be on an earlier version of the software as opposed to sungard. Global asset finance softwarelease and loan management description. The pennsylvaniabased software solutions provider, sungard, offers a host of finance oriented solutions designed to ease banking operations for clients around the world. Fis with the acquisition of sungard, has launched a derivatives utility in 2015 to transform derivatives clearing. Fis empowers the financial world with software, services, consulting and outsourcing solutions focused on retail and institutional banking, payments, asset and. Sungard is a global leader in software and processing solutions for financial services, higher. Global software company sungard has acquired asset finance software solution 42 from new zealandbased software developer northern arch, creating a new asset finance and leasing division for the. Fis ambit asset finance enables you to put the customer. Business profile sungards ambit asset finance is a fronttobackoffice solution that provides a consolidated system approach. It provides banking professionals with solutions that support front, middle and back.
Aib philippines selects sungards ambit treasury management. The answer is 42 for software firm sungard leasing life. The acquisition uniquely positions fis to offer a broad range of enterprise banking and capital markets capabilities that will further empower the financial industry worldwide. Sungard servesmore than 25,000 customers in more than 50 countries, including the. It was formed in 1983, as a spinoff of the computer services division of sun oil company. He has been with the firm for more than 11 years with a total industry experience of 18. An existing user of sungards balance sheet risk solutions, ukar is using the ambit treasury management platform integrated with ambit asset liability management alm. Sungard ambit asset finance sungard is one of the worlds leading software and technology services companies. With more japanese firms expanding their international presence, smfls move into the u. Singapore, 18 september 2015 singapore exchange mainboard listed silverlake axis ltd silverlake axis or the group, a leading provider of digital economy solutions and services to major organisations in banking and financial services, payments, retail and logistics businesses, is buying sungard ambit singapore pte. Sumitomo mitsui goes live with sungards ambit asset finance.
More than 160 financial institutions rely on ambit bancware focus alm to make more informed and strategic business decisions every day. Private equity firm blackfin has acquired gp3 and decalog, two software solutions providers dedicated to the asset management and asset servicing industry, from sungard. Sungard tops risk magazines rankings for credit risk for. He has been with the firm for more than 11 years with a total industry experience of 18 years. Vinayy natarajan senior product consultantasset finance. Asset liability management committee alco can be delivered in the form of standard or customized reports, as well as webbased dashboards, providing a granular view of risk and facilitating decision. More than 160 financial institutions rely on ambit bancware focus alm to make more informed and strategic business decisions every. Somerset capital group selects sungards ambit leasing. Payment calculator helps balance equipment leasing plans.
With fees under pressure and complexity escalating, investors are demanding ever higher standards of. Asset finance international the premier community for leasing professionals. Sungard as united states transforming it for resilient business. Cassiopae offers the only singlesource software solution that can support basic to highlystructured leases and loans anywhere in the world. Sungard also helps informationdependent enterprisesof all types to ensure the continuity of their business. Leveraging trends like mobile, online, and tablet banking into their offerings, sungard has helped banks in incorporating these trends into the workflow.
Sungard provides software and processing solutions for financial services, education and the public sector. Sungards ambit asset finance is a fronttobackoffice solution that provides a consolidated system approach so that businesses can effectively manage their. The acquisition expands on the partnership between sungard and northern arch, which began in 2008, to grow the customer base for northern archs product sungard aims to continue that expansion. With the asset finance industry growing fast and focused on automation and a digital future, advanced auto and equipment leasing software can put asset finance. Sales and business development manager, cross asset trading and risk south east asia sungard now part of fis january 2011 march 2016 5 years 3 months. Ambit asset finance commercial lending solutions fis. Asset finance business knowledge will be a plus additional information all your information will be kept confidential according to eeo guidelines. Global software company sungard has acquired asset finance software solution 42 from new zealandbased software developer northern arch, creating a new asset finance and leasing division for the company. As a global financial technology provider with deep industry knowledge and expertise, sungard offers a streamlined, integrated and highly automated asset finance system that helps asset finance. The acquisition creates a new business within sungard for asset finance and leasing, which will be integrated into sungard s ambit solution portfolio within the corporate banking business unit.
851 136 174 305 489 976 372 990 8 1205 1372 1352 290 69 864 943 169 1425 769 801 429 1491 929 336 809 84 360 1057 1339 1295 353 972 809 559 747