Key Clients: Bank Danamon, China Development, Fidobank, HDBank, SEB
Key Highlights
• Sungard was set up in 1982 as a spin-off of a division of Sun Oil Company
• With more than 160 acquisitions, Sungard’s applica- tion portfolio is wide but majorly disconnected
• Developed by Singapore based System Access; Sym- bols System was rebranded as Ambit Core banking
• Supports Unix, Linux, Windows, IBM Mainframe (serv- er); PC, Unix workstation or thin client (client); written in Oracle toolsets and Java
Product Overview
• Key functionalities supported: Current and savings ac- count, term/call deposits, FX, MM, commercial loans, syndicated loans deposits, options, multi-channel support including branch teller services, sales support and contact centre
• Direct sales globally using Sungard sales channels
• Majority of the customers are based in Central and South East Asia and Asia Pacific
• Ambit Core Banking acquired by Silverlake Axis in 2015