Tuesday, April 11, 2017

NEW ACCESS BANKING SOFTWARE ACQUIRES THE AMBIT PRIVATE BANKING BUSINESS

GENEVA, April 10 (Bernama-BUSINESS WIRE) -- New Access Banking Software, a global provider of critical front-office software solutions to the private banking industry, announced today the acquisition of the Ambit Private Banking business from FIS™. The Ambit Private Banking business, provides a comprehensive suite of software solutions, including Apsys and CIM, designed to help Swiss and international private banks to build a strong competitive advantage. The solution suite includes core banking, client management, analysis and control, market management, fund accounting and alternative investments solutions.

New Access, which is headquartered in Geneva, Switzerland, provides front-office solutions to private banks, including a portfolio management system, a document management system, and a customer relationship management system. ”The acquisition of the Ambit Private Banking solution will reinforce New Access’ global presence in the private banking software industry. New Access will be able to offer a highly competitive front-to-back office software solution allowing private banks to cover the entire functional coverage with only one provider. This integrated solution is easy to implement and maintain, cost effective compared to outsourcing providers, and will allow banks to retain full control over their back-office operations”, declared Alexis Sikorsky, founder and CEO of New Access.

http://mrem.bernama.com/viewsm.php?idm=28877

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