SunGard, a financial solutions provider, has launched its Apsys core banking solution for private banks and wealth management firms with over 500 users.
Initially designed for small to mid-tier banks, Apsys has now been enhanced to offer higher performance, scalability, advanced business processes and front-to-back-office functionality for larger private banking operations. Apsys is a comprehensive core banking solution that can help customers to streamline processes, rapidly launch new products and services and reduce risk in core renewal projects.
The new solution’s Service Oriented Architecture (SOA) helps banks to offer client services through third party systems, such as CRM tools, Web applications and e-banking solutions. This helps improve time-to-market, ease integration efforts and helps to reduce maintenance costs. Bank advisors can become more responsive, open new accounts and manage client relationships across the whole enterprise – in real-time and with a 360° view of their customers. Apsys’ multi-entity capabilities also help banks to expand across geographies, launch new outsourcing businesses and offer segment services within their organisation’s different entities.
Apsys scales to a wide range of customer segments, from ultra high-net worth and family offices to high-net worth and the mass affluent. Banking transactions can be optimized and business processes aligned with industry changes through the solution’s Business Process Management (BPM) capabilities, and its new Business Intelligence (BI) platform can also help to provide high quality custom reporting for customers and management analysis.