Aktia is utilising SunGard’s Ambit Capital Management solution. The Finnish retail bank already uses Ambit Asset and Liability Management (ALM), Liquidity Risk Management (LRM), Funds Transfer Pricing (FTP), and Earnings at Risk (EaR). Ambit Capital Management will help it gain greater transparency and visibility of capital across its business, helping achieve more accurate and effective capital calculation and decision-making. The solution will also help Aktia automate its information-gathering, enabling more efficient reporting and smarter capital allocation.

“Having used SunGard’s solutions for the last decade, we had first-hand experience of the benefits that Ambit can provide. SunGard’s experience in risk management in Finland offers the right expertise to help us address both local regulatory requirements and international legislations like Basel III. Ambit Capital Management is a strategic investment for Aktia, which will help to aid our compliance efforts – both now and in the future – while also helping to reduce operating costs,” says Magnus Weurlander, chief risk officer, Aktia

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