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.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...