Banque Cantonale Neuchâteloise Goes with SunGard for FTP

Swiss bank Banque Cantonale Neuchâteloise has selected SunGard's Ambit product for funds transfer pricing, extending their existing relationship with the vendor.

Banque Cantonale Neuchâteloise will use Ambit for multi-dimensional analysis of its balance sheet, as well as increasing transparency, through funds transfer pricing (FTP,) in risk assessments of its assets and liabilities.

"We have built a trusted relationship with SunGard having used its Ambit risk management solutions for several years," says Arnaud Lecoultre, head of finance and risk at BCN. "The addition of the FTP component of SunGard's comprehensive Ambit asset liability management solution is helping us further enhance our ability to measure, monitor and manage our balance sheet and increase the transparency of our business decision-making across the bank."