SunGard has launched Ambit Mobile Banking, an extension of SunGards Ambit Private Banking solution suite for private banks. SunGards 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 institutions core banking application. Swiss private bank C.I.M. Banque, based in Geneva, is the first customer to go live on the new Ambit Mobile Banking solution.
As the banking industry refocuses on its core assets, best practices around client loyalty and long-term profitability are top priorities. This is especially true for the private banking industry, where short-term revenue goals and lack of transparency have increased clients desire to actively monitor their portfolio activity. To meet this need, banks are looking to improve transparency with secure access to information for their high net worth clients in an easy to use fashion that is conducive to their clients lifestyles. 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.
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