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SunGard Launches Ambit Mobile Banking

SunGard has launched Ambit Mobile Banking, an extension of SunGard’s Ambit Private Banking solution suite for private banks.

SunGard’s Ambit Mobile Banking provides a secure client information delivery channel that gives private banking clients constant account access to monitor activities in their portfolios on a real-time basis through a mobile device that is connected to the financial institution’s core banking application.

With Ambit Mobile Banking, clients can view their portfolio valuations and performance at any time in their chosen currencies, see cash and security movements for any given time and initiate payments, stock exchange and FX operations from anywhere.

Swiss private bank CIM Banque, based in Geneva, is the first customer to go live on the new Ambit Mobile Banking solution.

Thierry Mosse, executive director of CIM Banque, said: “With SunGard’s Ambit Mobile Banking, CIM Banque now offers a new level of flexibility to our high net worth clients who would like to use their iPhones to securely manage their portfolios. Ambit Mobile Banking helps to increase our client’s access to real-time account information, provide instant communications to their portfolio managers, and strengthen our relationships with our clients.”

Daniel Bardini, president of Ambit Private Banking business unit at SunGard, said: “With Ambit Mobile Banking, we are extending the value of the Ambit Private Banking suite to help banks’ clients and staff utilize the flexibility of mobile devices for core banking, portfolio management and client management.

SunGard understands that serving the needs of high net worth clients requires a reliable approach to security, transparency, trusted advice and client service, and we are dedicated to continuously developing new ways to help private banks deliver value to their clients.”