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Erste Bank Ukraine Deploys SunGard Ambit Core Banking

Erste Bank Ukraine, a member of Erste Group, has deployed SunGard’s Ambit Core Banking to help support its customer-centricity strategy. Ambit Core Banking is a scalable, customer-centric and integrated system that provides banks with an integrated retail banking platform for deposits, lending and payments.

Ambit Core Banking provides Erste Bank Ukraine with a centralized, enterprise-wide information repository that offers a 360 degrees view of its customers. Erste Bank Ukraine said that, by delivering integrated functions, Ambit Core Banking has helped it consolidate multiple applications, reduce IT overhead costs, and facilitate reporting and compliance.

Pavel Cetkovsky, chief operating officer at Erste Bank Ukraine, said: “The implementation of Ambit in Erste Bank Ukraine was part of a large scale project which has completely changed our IT landscape. The solution is robust, scalable and satisfies our business needs for the foreseeable future.”

Nick Brewer, vice president of global banking solutions at SunGard, said: “With Ambit Core Banking, Erste Bank now has a single system that helps the bank to offer personalized services to its customers, thereby deepening the relationship between the bank and its customers and supporting both retention and profitability goals.

Helping Erste Bank realize its modernization goals is an important milestone for SunGard in its continuing focus on the Central and Eastern European banking markets.”