SunGard Consulting Services partners with BRAMS

SunGard Consulting Services partners with BRAMS to support the development of Moroccan professionals in the Banking – Insurance – Finance sectors.

SUNGARD CONSULTING SERVICES, a leading global financial services provider, and the BRAMS Group have signed a key partnership to develop SUNGARD's service offerings in the Moroccan market. These services, targeting Moroccan operators in the finance sector (Banking – Insurance – Finance), will be developed by "BRAMS Consulting," a BRAMS Group entity specializing in financial consulting and services.

Banking and financial sectors are currently undergoing major changes due to regulations, internationalization, and increased competition. This global transformation is also taking place in an innovative and more open technological environment, with regulators demanding stronger risk measurement and sharing tools, as well as systematized control processes.

To adapt to these changes and support technological development, financial companies in Morocco, like those worldwide, need service providers that enable faster and more reliable adaptation with functional and technical service offerings. This applies to both project management and assistance to project owners.

To meet this pressing demand from the rapidly expanding Moroccan financial sector, SunGard Consulting Services and the Brams Group have decided to partner. To this end, the BRAMS Group created BRAMS Consulting, a consulting entity dedicated to developing this offering in the Moroccan market, proposing four service levels.

The first concerns "Regulatory Issues," which involves supporting clients on risk management, anti-money laundering, Basel II, and business continuity planning.

The second concerns "Project Management," which involves supporting clients in optimizing the management of large programs. This includes areas such as PMO, CMMI (Capability Maturity Model Integration), quality planning, and change management.

The third concerns the technological aspect, with experts in IT architecture and governance.

The fourth concerns assistance to project owners before and after projects. This includes from the project development phase to final acceptance.

These services are aimed at all financial operators: Trading Room Activities (Front, Middle & Back Office), Securities Businesses (STP, securities registers, stock exchange, SWIFT), Risks (credit, market, operational counterparty), Asset Management (portfolio management, third-party register, administrative and accounting monitoring, custody), Investment Banking (front-office trading, settlement/delivery, middle-office operations management, asset custody).

Sungard Consulting Services and the Brams Group also plan to expand their partnership to cover North Africa. The two partners aim to capture most of the demand in these territories, allowing the banking and insurance market to benefit from a comprehensive and complete offering in the aforementioned areas of activity and intervention.

Published May 5, 2009

Online May 21, 2009

marocinfo.net