Oman International to use SunGard Ambit

Oman International Bank, a leading retail and commercial bank in Oman, has selected SunGard's Ambit Treasury Management, ALM and Credit Risk Management software to help integrate treasury operations, reduce operational costs and perform real-time regulatory reporting.

The bank plans to establish a centralised front-to-back-office treasury operation providing support for multiple asset classes. With Ambit ALM, OIB can perform funds transfer pricing and multi-dimensional analyses of the balance sheet by modelling customer behaviour, economic valuation, interest rate scenarios, and a range of other variables.

May 2012

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