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Swiss Bank Upgrades Private Banking Platform

Finter Bank implemented SunGard's Ambit in seven months.

Finter Bank Zurich, a Swiss private bank providing investment advisory services and portfolio management to private clients, has completed its implementation of SunGard's Ambit Apsys Private Banking solution. The solution was selected and implemented to help Finter Bank deliver its Fair Relationship Banking model " an approach aimed at enhancing Finter Bank's knowledge and understanding of its clients and their needs as well as strengthening its client offerings.

Finter Bank required a solution that would help it improve business process efficiency, provide a single view of the client and accommodate the integration of multiple sites, including its Nassau subsidiary. As a result of its recent acquisition of Bank Hugo Kahn, Finter Bank had a requirement to consolidate multiple systems onto a single platform. Finally, the bank wanted to complete the implementation in six to seven months. After an evaluation of providers, Finter chose SunGard's offering.

Roger D¼rig, chief operating officer of Finter Bank Zurich, commented: "SunGard's Ambit Apsys helps us gain a more integrated, well-rounded view of our clients. The solution also separates client data from the operational data store, which is a key requirement for Finter Bank and optimizes straight-through processing for key processes."

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