Crown Agents Bank, which specializes in providing financial services to central banks, governments, NGOs and the private sector, has upgraded its legacy infrastructure using SunGard’s solutions.
The bank implemented SunGard’s Ambit Core Banking and AmbitMyMoney solutions to modernize its aging systems architecture for improved operational efficiency and reduced costs across the front and back office. SunGard’s core banking platform helps the bank consolidate its operations and systems to reduce maintenance and support costs.
In addition to supporting its core operations, the bank’s trade finance operations are also now run from the Ambit platform. This has enabled the bank to automate and deliver a single customer view of these operations and offer Web-based, front-end capabilities in this area. Ambit MyMoney has enabled the bank to enhance the client experience across web channels and will help the bank broaden its product range and time to market across its customer base.
“Upgrading its front and back office systems capabilities will help Crown Agents Bank run its operations more efficiently and cost effectively through greater automation and centralization. This particular project highlights how banks across the world are leveraging our breadth of solutions to support their end to end operational requirements.” , Jochen Schneider, chief operating officer, SunGard’s retail banking business.