Infosys announces nCino platform implementation for ABN AMRO
The initiative aims to overhaul ABN AMRO's loan origination and collateral management processes by merging various outdated systems into a cohesive platform.
As a primary partner for application development and maintenance, Infosys facilitated the migration of more than 100,000 records from several legacy systems within an 11-month timeframe.
ABN AMRO Credits IT lead Hans-Willem Giesen said: 'The transition to the nCino Platform, facilitated by our partners like Infosys, has brought about a significant shift in how we manage our lending process.
'This solution will improve operational efficiency, enhance our collateral management capabilities, and provide our customers with a faster, more transparent experience.'
The nCino Platform offers ABN AMRO a centralised approach to asset and collateral management, addressing data quality challenges.
This integrated platform is said to enhance customer onboarding and loan origination processes, boost operational efficiency, and support in maintaining regulatory compliance.
The cloud-native, adaptable solution includes pre-configured credit workflows with API-driven integrations and data quality/migration features.
Throughout this partnership, Infosys has facilitated integrations across ABN AMRO's shared capabilities and various IT systems within the credit origination and collateral management domains, while also establishing a better data migration and reconciliation strategy.
Infosys Financial Services and Public Sector industry head Jay Nair said: 'We are proud to support ABN AMRO's digital transformation journey in credits with the nCino's Platform.
'By delivering a unified loan origination and collateral management solution across both the phases, we have optimised processes, improved data quality, reduced turnaround time and enhanced the digital experience for ABN AMRO's customers.'
In May this year, the Dutch government reduced its stake in ABN AMRO to below one-third, in accordance with the plan announced in October 2024.
Last year, NLFI, which oversees the Dutch state's interests in the bank, disclosed intentions to decrease its holding from 40.5% to nearly 30%.
"Infosys announces nCino platform implementation for ABN AMRO" was originally created and published by Retail Banker International, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
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