NEWS
sales office later this year, he added. The support operation is a combination of local hires and a senior transfer from the States, Hawes said. The sales operation, when it launches, will consist of two local hires and a transfer from the firm’s New York office, he added. There is also the possibility Clearwater will eventually open offices in London and mainland Europe, but he would not confirm timelines or potential locations. The vendor also has clients in South America and Asia, but there are no plans to add a location in those regions any time soon, said Hawes. DATA
06
Finnish bank revamps risk management with SunGard Ambit
Ålandesbanken is overhauling its risk management system as it implements the Ambit Risk system from SunGard, according to Heli Huhtala, head of group treasury at Ålandesbanken. The bank is one of three Nordic banks to choose Ambit in recent months, moves which Markus Gujer, head of product management and strategy at SunGard, said he partially attributes to the increase in regulat ?H?\??\?H[?H??X??Y?[?\?]?[]\???\?[???\]Z\?[Y[??Z[H?ZYH?^H?X????PT??T??R?T?0?[[?\?[??[?XY???X?X[?Y?[Y[?[???]Y?K?\??X?[?????[??\?]H?[??H?[??\??[???X??\?\?X?\?Y[?NNL?\??\??]?]H?X[?Y[??[??\?[?]?YX[?[???H?Y[??Y?\?Y[??Y[??[?H\??]?\??\??[?Z\????[??Z[H?ZY?Y][?[KH?[X?\????X????\?Y?HH?[??Y[??X\?Y?HYY??Y][?[K0?[[?\?[??[?YX[?Y?Y?\??[?\??[H\?[??H?\?[H]?[?Y?HH?[??[??Y?[???]???XYH]???\??Y??X?[??X????H?[???&\?ZY??\?[\?Z[H?ZY?8?'?\???[?\???[?H?\?[H]??[?HX?H?X[?Y?HH??H?[[??H?Y]???\?H?X\?\?H???[??^H?^H?Y[??8?'H?H?ZYY[??]H?[???[?Y??HX?H?YX\?\?H[?\?\??]H?\????\??[?\]ZY]H?\??X????H[?\?H??\?H?[??\??[??\][??H[\[Y[?][????\???H???\?YY??[??H?[?[??X???[?H[?X?H[?H?^?]?[??????[??[\[Y[?][?Z[H?ZYH?[??[??????[???X]\?\?]?Z[X?H?XH[X?]]]\???\?[???X?\?[???YH??X?\?[??[?[?[[??[[???\??P?????B??]\???[][?X?][???][????X\?X\?\??X?B?]\???[][?X?][???&H?X?[?HZ[?Y]\??Y[????][??]?\?[?\??[?\?[??]?[?Y[??H?\?X[?Y[??\??]]\??[[????X\?XK\?\??X?K?ZY?Y??K\?X????\??X?H[]?\?K[?[?[?\??Y]?H??Y\?[???]HX?????H[????X?[???KHYY??\??[?HX??\??X?H??Y?[?H?\??Y\??[][??\X[?Y?[Y[??\?[K]\??&H\??]\???YZ??Y?]H\???[[Y[?][??????X\??[???\??]?Y?H?[?X???[???K?H?[?[?H\??]\?^X?Y?][???HH[??H?X??]X\?\?H?ZY???H?]?[??X?\?Y[\?H??Y\?\?[??Y[????]Y]X?[?[??]?[?[??\X?[]Y\?\??[\?HX?[]H?[?[^?H[??]\??\?[?\??[?[Y?[??H???H?[??[???X?Y?HH?YX??X???][?[??[?KH^Z[?Y?\?H?[??[?[]Y\?\?H?Z[??YY???[???]\?H?Y[??[?[?H?]?Q??[???[\??]???[??Y??X????HYY?8?'?H??\?XZ??\?\??Y????\???\?\?H[?Y?]H?[?X??[??8?'HH?ZY??Z[[????HX?????HX?]Z\?Y[?]??[?X\?HX[????[?[?[??X[X?????H[?\??\?\?]\?\?[?XYH\?YYH?Q??H\??\?KYYXY???X?X[?]?[?]?X?[[?Y?[Y[?[???]Y?K?[??\??[???X??]??[?\X?[]Y\?[?[?[??YH\?\?[?\??X?KX???[???K?]\?\?[?[???]H?[X?\???\?\?X??]Y?[??HX?[?^X????YH???]?H?]H??\?[???HH[YH]\?[???X?[?H??Y?[???H[X[?\???Z[?????H??[??]?[??HYY?H??Y\?[???[??YH?[?[???H??][???[?\??????H[??]?[???&\??[?[??X[\??X?\??YZ?H?????H\?H?^H??]\??????????[?Y?]H][\H\??]?[??][\H?Y[???\?[\?H^Z[?Y?P?????B???\???[?????[??\???\]]??^?\??[???\??X?\?B??\??\??Y??\?[???[?????[??X?]?[[???]?[?Y\??H[?]^?[??^?\??[???\??X?\?H?H??\?[??]????W???L??]??[?
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