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SunGard Launches Next Generation Apsys SOA Solution
Service Oriented Architecture Helps Banks to Offer Client Services Through Third Party Systems

SunGard announced the launch of the next generation of its Apsys core banking solution for private banks and wealth management firms. 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 banking solution that can help customers to streamline processes, 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.

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.

Otto Bruderer, managing partner of Wegelin & Co., a major user of the Apsys solution, commented: “When we launched our business processing operations business in 1997 we implemented Apsys as our back-office technology. Since then Wegelin has grown 20 times its original size and is now close to 500 internal and outsourcing users. Throughout this time we have maintained Apsys as our core technology, and have seen it evolve to meet our changing needs. We consider Apsys to be a state-of-the-art private banking system, undergoing continuous development, that provides functionality and reliability that is second to none.”

Daniel Bardini, president of SunGard’s Apsys business, said, “For the past ten years we have helped private banks across Switzerland with their core banking requirements. Many of our customers have grown during that time, offering more sophisticated products and enhanced client services. This growth has triggered an increase in core banking requirements and we have continued to develop Apsys to meet these demands.”

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SOA World Magazine News Desk trawls the world of distributed computing and SOA-related developments for the latest word on technologies, standards, products, and services and brings key information to you in a timely and convenient summary form.

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