OIB Selects SunGard for Treasury Management
Oman International Bank (OIB) will employ SunGard's Ambit Treasury Management, Ambit ALM and Ambit Credit Risk Management solutions to integrate treasury operations and to manage its cash, liquidity and balance sheet risk. OIB will also use the suite of products to view its commercial credit risk and to perform real-time regulatory reporting.
"SunGard's Ambit integrated treasury and risk solution will help us consolidate onto a single platform for treasury and asset liability management," says Douglas Emmett, general manager at OIB. "Ambit will help OIB more accurately identify, manage and minimize risks within our business. We selected SunGard because of the strength of the Ambit solution suite, its deep industry expertise and its strong support infrastructure in the Middle East."
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