This
site reports that there is a legitimate AMD utility by that name. It also gives an MD5 hash for that file. Don't know how much to trust that site. Personally, I would feel more comfortable if that information came directly from AMD.
This
forum is reporting that certain games install that file without telling you.
Didn't find any reports of that file being used as malware. Though, like any executable file the potential exists.
If it were me, I'd probably check the MD5 hash of the file that I found on my computer to see if it matches the one in the first link above.
If I had any concerns about the specific file, I would, most likely, get rid of it.
Best of luck,
Uno