Our Experts
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Ken Dummitt
- president, Ambit & AvantGard
- banks and corporations
- 818-223-2214
- ken.dummitt@sungard.com
Ken Dummitt is president of SunGard's banks and corporations business, which provides financial, risk and operations professionals across corporations and financial institutions with a comprehensive, collaborative approach to liquidity and risk management. Mr. Dummitt has more than 25 years of experience in software and technology, including positions in services, sales and operations.
Context
Ken Dummitt is responsible for the business strategy and delivery of a range of liquidity and risk management solutions. He focuses both on helping banks to stay competitive and maximize profitability by becoming the “bank of the future,” and on helping corporations to foster “collaborative financial management” by providing a connectivity platform across the financial supply chain and centralizing and optimizing receivables, treasury and payments. He has authored numerous papers including “Cash is King” & “Achieving Compliance with Automation.” He also serves on the advisory board of Treasury Management International.
Commentary
Effective management of risk and capital can mean competitive advantage. Banks that can offer new products quickly, across multiple channels, are at an advantage. But, this demands flexible business processes and agile systems. SunGard’s solutions enable a centralized view of cash, liquidity and risk across the entire organization, meaning our customers can be prudent in their decision-making yet strategic for maximized returns.
Thinking forward, corporations will have to develop a sustainable liquidity management infrastructure. To do so, they will need to connect the dots between a labyrinth of internal and external trading partners. Our expertise in delivering best practice services and workflow technology lets us create that connecting layer to bring together the entire ecosystem of suppliers, buyers, data providers, banks and other trading partners.