InCore Bank Taps SunGard for Ambit Suite

The collaboration will see InCore Bank adopt the SunGard solution to improve its banking business service offering, which includes brokerage and custody, to private banks, securities traders and wealth management firms on a new business process outsourcing platform.

The new offering will focus on aiding Swiss private banks by cutting back office processes and optimizing advisor support.

"We see this as a platform for industry collaboration as we strive to introduce greater standardization and efficiency within Swiss private banking and help Swiss private banks optimize performance amid widespread and complex change," says Daniel Bardini, COO, private banking at SunGard. "We are confident that this new offering will be an enabler of great business benefits for these banks in helping them lower complexity and rationalize costs."