The banks that have selected Ambit include: Invex Servicios Corporativos, S.A. DE C.V. Invex Grupo Financiero; Banco Regional de Monterrey, S.A. InstituciÃ³n de Banca MÃºltiple, Banregio Grupo Financiero; Banco Monex, S.A. InstituciÃ³n de Banca MÃºltiple, Monex Grupo Financiero; Banco Autofin Mexico, S.A. InstituciÃ³n de Banca MÃºltiple and Banco ve por Mas, S.A.
There is a growing awareness in the Mexican financial services industry that changes in regulation have increased the need for sophisticed operational risk tools and policies. SunGardâs Ambit Risk & Performance will provide enterprise-wide loss event tracking and management reporting tools that will help the banks improve operational efficiency and control their risk exposure.
Ana Cecilia Reyes Esparza, president of the OpRisk Committee at the Mexican Banks Association and head of risk management at Grupo Financiero Ve por Mas, said: âWe believe that by adopting better operational risk principles and practices, we can manage our economic capital more efficiently. SunGardâs Ambit Risk & Performance solution provides a platform to help us accomplish this. We chose it because itâs a proven, mature solution that weâre confident will give us a better understanding of where our risk resides.â
Andi Hug, group vice president for SunGardâs Ambit risk and performance business, said: âSound operational risk management is now a priority for many Mexican banks because of regulatory changes that are requiring them to implement more sophisticated policies surrounding this function. SunGardâs Ambit Risk & Performance helps banks address risk by offering a toolkit for complying with market, credit and operational risk as well as corporate governance regulations.â