The bank will use SunGard’s AvantGard to help manage the operations of its treasury business, and SunGard’s BancWare for asset liability management (ALM).
Amir Afzal, assistant general manager of IT at Commercial Bank of Dubai, said: We aim to improve our efficiency by automating and streamlining our treasury operations and risk management practices. SunGard’s ability to help us pull data from our treasury operation and integrate it into our ALM process will help us to significantly enhance our entire trading and risk management operation through an integrated, cost and time-efficient IT framework.
