Ambit BancWare OpRisk - operational risk management

In autumn 2007 Business Management Software Sp. z o.o. established cooperation with SUNGARD, a global leader in software and processingsolutions for financial services, higher education and the public sector. Within the agreement BMS offers on Polish market Ambit BancWare OpRisk – complex solution that supports operational risk management and  helps to comply with regulatory compliance, internal audit and corporate governance.

Now more than ever, managers must ensure that the businesses they control are operating within the boundaries of company policy, and meeting regulatory and legal standards. Simultaneously, businesses are also under pressure to improve their operational efficiency and reduce operating-related errors and omissions. To meet these challenges, financial institutions must implement proper control procedures and systems to ensure that the costs of compliance are reduced while margins are maximised.

Ambit BancWare OpRisk provides financial institutions worldwide with a comprehensive and flexible software solution for operational risk management, corporate governance, regulatory compliance and internal audit. In use by organisations of all sizes, Ambit BancWare OpRisk is based upon real life situations and environments. Its intuitive functionality empowers risk managers, internal audit and control staff, senior management and business line managers.

Ambit BancWare Capital Manager is an integral part of Ambit BancWare OpRisk. IT is responsible for calculating capital in accordance with various  recommended standards such as Basel II.