JFE Hottinger & Co Selects SunGard’s Ambit Apsys to Support Growth in Private Banking and Wealth Management Services

JFE Hottinger & Co (JFE), a Swiss private asset management firm, has selected SunGard’s Ambit Apsys to provide it with a scalable platform that will accommodate volume increases in portfolio and transaction management and help the firm offer its high net worth clients a complete customer service solution. (www.sungard.com/ambit)

SunGard’s Ambit Apsys is a core banking offering tailored specifically to the private banking sector. It allows wealth management professionals to view and manage investor’s diverse assets, as well as aggregate, allocate, optimize and monitor client portfolios. Using Ambit, JFE will also be able to gain a complete view of their clients across the front-, middle-, and back-office through extensive customer reporting functions.

Alain Zerzuben, managing director at JFE, commented, “We chose SunGard primarily because of its strong reputation in the private banking arena. We felt they would be well positioned to understand and support our ambitious growth plans. Against a rapid four-month implementation time-frame, we are confident that SunGard can deliver what we need.”

Daniel Bardini, group vice-president for private banking solutions at SunGard, said, “We are pleased that JFE has selected our Ambit Apsys solution. Through broad experience and a strong implementation record, we know that Ambit Apsys is well-equipped to meet the needs of private banks both large and small in helping to improve efficiency, facilitate business and enhance customer relations.