Mardi 6 Octobre 2015
Finyear, Quotidien Finance d'Entreprise

SunGard helps UKAR improve treasury and risk management

UK Asset Resolution Limited (UKAR), the holding company established to combine the government-owned businesses of Bradford & Bingley plc (B&B) and NRAM plc, has replaced its treasury and risk platform with SunGard’s Ambit Treasury Management solution. SunGard’s solution is helping UKAR to integrate two distinct businesses into a consolidated infrastructure and provide a single view of treasury and risk.


An existing user of SunGard’s balance sheet risk solutions, UKAR is using SunGard’s Ambit Treasury platform integrated with Ambit Asset Liability Management (ALM). This provides UKAR with a comprehensive framework for balance sheet management, and brings together treasury and finance operations with liquidity and risk management. The solution helps streamline treasury operations by integrating dealing, funding, position management and risk assessment of multiple asset classes into one system. It helps UKAR automate transaction flows across the front, middle and back offices, reduce manual processes, and gain a complete and accurate view of credit and market risk exposure. In addition, UKAR can leverage consolidated risk and position management tools to help reduce operational risk. UKAR is using the SunGard solution in a managed services environment to help retain focus on core competencies and control operating costs.

About UK Asset Resolution Limited (UKAR)
UKAR was established on 1 October 2010 to facilitate the orderly management of the closed mortgage books of both Bradford & Bingley (B&B) and NRAM to maximise value for taxpayers, while ensuring that both companies continue to treat customers fairly, deliver consistently high levels of service and support those customers facing financial difficulty. Further information about UKAR is available at www.ukar.co.uk.

About SunGard
SunGard is one of the world’s leading financial software companies, with annual revenue of $2.8 billion. We provide solutions for financial services, the public sector and education. Our software is delivered via Software as a Service (“SaaS”), in the cloud and on premises, surrounded by an extensive suite of service offerings. Through the depth and breadth of our solution portfolio, global capabilities and domain expertise, we are uniquely capable of supporting virtually every type of financial organization, including the largest and most complex institutions in the world. SunGard’s approximately 13,000 employees proudly serve approximately 14,000 customers in more than 100 countries, bringing fresh ideas and inventive solutions to help our customers adapt and thrive.
www.sungard.com



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