Santo Domingo.- Banco Leon has selected SunGard’s Ambit Treasury Management to help it streamline its treasury operations, improve risk management and support business growth.
With Ambit Treasury Management, Banco Leon will implement a more automated and integrated environment, helping it increase end-to-end processing efficiency, improve reporting and control, and enhance risk management across the enterprise.
This will help the bank more easily extend
services to clients as its business expands. Initially, Banco Leon will
use Ambit Treasury Management for its fixed income business. Ambit will also help the bank monitor and manage credit,
market and operational risk exposures.
Carlos Marranzini, vice president of treasury at Banco Leon, said, "We selected SunGard because of the strength of the Ambit solution suite, its deep industry expertise and its reputation for delivering high levels of customer service. SunGard’s Ambit Treasury Management provides scalable and proven infrastructure for all front, middle and back-office treasury functions that will help us obtain a consistent view of our business."