LLB Group (Liechtensteinische Landesbank AG, Liechtensteinische Landesbank (Schweiz) AG and Bank Linth LLB AG), has selected SunGards Ambit Risk & Performance Management solution to support its liquidity risk management and asset/liability management. The solution will help LLB Groups risk management team meet new liquidity risk requirements, employ new risk and profitability metrics in their banking and investment book positions and obtain a single view of all the groups current and future positions. This will help the team to better perform risk, treasury and margin analysis on these positions.
LLB Group will use the solutions automated processes to calculate liquidity risk measures to meet enhanced stress testing requirements recently mandated by the Bank for International Settlements and local regulators. The solution will also provide market risk metrics (such as MCVaR) for LLB Groups banking and investment book positions. This will help LLB include its entire balance sheet in its risk management analysis through a certified Ambit-Avaloq Adapter, which provides a simple and secure connection to the Groups Avaloq Banking System.
SunGards Ambit Risk & Performance Management solution will help us to grow by predicting our future margin evolution through the combination of sound risk management and margin analysis, says Andre Oehler, head of risk management at LLB Group. The integration of asset liability management (ALM) and market risk management functions into one solution, plus the connection to our Avaloq system, will help to efficiently prepare LLB Group for our current and future risk management needs.
Ambit Risk and Performance will help LLB Group by providing a seamless, integrated ALM, liquidity and market risk management solution, helping to ensure the group gains an efficient, accurate and complete multidimensional analysis of its balance sheet, says Andi Hug, vice president for SunGards Ambit Risk & Performance business unit.
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