Infosys streamlines ABN AMRO's loan procedures through deployment of nCino's technological platform.
In a significant move towards modernising its credit and collateral operations, ABN AMRO Bank, one of the largest banks in the Netherlands, has successfully implemented the nCino Platform. This transformation was made possible through a strategic partnership with Infosys, a leading global provider of next-generation digital services and consulting [1][2][3].
The nCino Platform, a cloud-native, configurable solution, has been leveraged across loan origination, credit analysis, risk, collateral management, and portfolio management for ABN AMRO. The platform offers a centralised solution for managing assets and collaterals, providing out-of-the-box credit workflows, API-driven integrations, and strong data quality and reconciliation features [1][2][3].
Infosys played a crucial role in the migration and consolidation of over 100,000 records from multiple legacy systems over approximately 11 months. This consolidation resulted in the integration of credit origination and collateral management workflows into the nCino Platform [1][2][3].
The unified platform optimises customer onboarding, accelerates loan origination processes, enhances collateral management capabilities, and improves overall operational efficiency. As a result, ABN AMRO's customers will experience a faster and more transparent process [1][4].
Infosys, with its expertise in digital and cloud transformation capabilities, served as one of ABN AMRO’s primary application development and maintenance partners. The company leveraged its skills to deliver comprehensive solutions aligned with the bank’s future business needs [1][2][3].
Hans-Willem Giesen, the IT lead for Credits at ABN AMRO, emphasised that the transition to the nCino Platform, supported by Infosys, marks a significant shift in lending process management, setting a foundation for continued growth and transformation [1][4].
This collaboration reflects a major step for ABN AMRO in modernising its credit and collateral operations through a robust, integrated cloud platform implemented by Infosys. The nCino Platform has delivered meaningful results for ABN AMRO, enhancing its collateral management capabilities and improving operational efficiency [1][2][3][4].
[1] ABN AMRO Bank Press Release: [Link to Press Release] [2] Infosys Press Release: [Link to Press Release] [3] nCino Press Release: [Link to Press Release] [4] Interview with Hans-Willem Giesen, IT lead for Credits at ABN AMRO: [Link to Interview]
Read also:
- Autonomous Model Y Electric Vehicles, Helmed by Elon Musk, poised to Transform Bay Area's Ride-Hailing Market with over 100 Units
- Financial results for Q1FY26 announced by Blue Dart, indicating sales reaching a significant milestone of Rs. 1,442 Crore.
- Essential Advantages of Prompt Engineering for Companies Uncovered: 7 Key Points Explored
- Automation and AI company Aprio secure $300 million funding, with TimeCredit AI acquisition as part of the deal.