SunGard, a software and technology services company, has introduced Ambit Credit Risk Management solutions suite to help commercial and retail banks improve their risk-adjusted performance through better lending decisions.
Ambit Credit Risk Management suite includes Ambit credit assessment, Ambit credit portfolio monitoring, Ambit capital management and Ambit profitability analysis solutions to support banks’ credit risk software and consulting needs.
The components of the suite can be deployed individually or as a comprehensive solution suite depending on the business requirements.
SunGard said that the Ambit Credit Risk Management can help banks by providing a standardized approach to assess customer creditworthiness, improve transparency and monitor credit portfolios with risk analysis and stress testing.
The solution suite is also able to run both regulatory and economic capital calculations side by side to help determine the efficient use of capital.
SunGard Ambit Risk and Performance Management business unit managing director Andreas Hug said that Ambit Credit Risk Management helps banks make better informed decisions about credit worthiness at the initial stages of client evaluation, determine the impact of both internal and external factors to the risk around their portfolio, and subsequently determine the risk associated with their lending portfolio to their short and long term profitability.