Friday, September 20, 2024
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ABN Amro goes live with CBA’s IBAS TDD software and nCino’s cloud banking platform

  • ABN Amro has implemented new technology from nCino and Commercial Banking Applications AS (CBA) to accelerate its digital transformation and enhance trade finance transaction monitoring.
  • The Dutch bank has gone live with the nCino cloud banking platform to streamline corporate lending operations and improve collateral management.
  • The nCino platform consolidates multiple legacy systems into one, unifying ABN Amro’s end-to-end lending process for both customers and employees.
  • Accenture supported the rollout of the nCino platform at ABN Amro.
  • ABN Amro also launched CBA’s IBAS Transaction Due Diligence (TDD) software across its global trade finance operations to monitor transactions and meet compliance requirements.
  • The IBAS TDD software helps ABN Amro detect unusual behavior in transactions, aiding in the fight against financial crime and ensuring compliance with national and international regulations.
  • This development is part of a five-year agreement between CBA and ABN Amro focused on advancing automation in trade finance processes.

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