SunGard platform wins UKAR treasury mandate 05 October 2015 London Reporter: Drew Nicol
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UK Asset Resolution (UKAR) has adopted SunGard’s Ambit Treasury Management system.
UKAR, the holding company that combines the UK government-owned businesses of Bradford & Bingley and NRAM, aims to use SunGard’s solution to consolidate the two businesses’ infrastructure into a single treasury and risk system.
The solution will streamline treasury operations by integrating dealing, funding, position management and risk assessment of multiple asset classes into one system, according to SunGard.
Ambit will help UKAR to automate transaction flows across the front, middle and back offices, reduce manual processes, and gain a complete and accurate view of credit and market risk exposure.
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