Infosys Completes Phase 2 of ABN Amro's nCino Cloud Banking Platform Rollout

ABN Amro has completed a modernization of its loan origination and collateral management processes using Infosys' nCino cloud banking platform. The project consolidated multiple legacy systems into a single platform and migrated over 100,000 files. Infosys was chosen for its expertise in digital and cloud transformation, and the platform provides a centralized solution for asset and collateral management, improving operational efficiency and regulatory compliance.

ABN AMRO Bank has successfully completed a modernization of its loan origination and collateral management processes using Infosys' nCino cloud banking platform. This project, which consolidated multiple legacy systems into a single platform, involved the migration of over 100,000 files [1]. The implementation, facilitated by Infosys, aimed to enhance ABN AMRO’s ability to serve its customers and streamline operations.

Infosys was selected for its expertise in digital and cloud transformation capabilities. The nCino Platform provides a centralized solution for asset and collateral management, improving operational efficiency and regulatory compliance [2]. The cloud-native, configurable solution features out-of-the-box credit workflows with API-driven integrations and data quality/migration capabilities, offering flexibility for future business needs [1].

ABN AMRO's IT Lead – Credits, Hans-Willem Giesen, noted that the transition to the nCino Platform has brought about a significant shift in how they manage their lending process. The platform will improve operational efficiency, enhance collateral management capabilities, and provide customers with a faster, more transparent experience [1].

Joaquin de Valenzuela, Managing Director – EMEA, nCino, commented that the continued partnership with ABN AMRO reflects the strength of the nCino Platform and its ability to deliver meaningful results. The platform empowers ABN AMRO to optimize its lending processes, drive operational efficiency, and meet the rigorous demands of a highly regulated industry [1].

Jay Nair, EVP, Industry Head, Financial Services and Public Sector, Infosys, expressed pride in supporting ABN AMRO's digital transformation journey. The project optimized processes, improved data quality, reduced turnaround time, and enhanced the digital experience for ABN AMRO's customers [1].

This modernization represents a significant milestone in ABN AMRO's digital transformation journey, showcasing Infosys' expertise in executing complex financial technology implementations [2]. The successful implementation of the nCino Platform strengthens Infosys' position as a primary Application Development and Maintenance partner for ABN AMRO, one of the Netherlands' largest banks.

References:
[1] https://www.prnewswire.com/news-releases/infosys-transforms-abn-amros-lending-process-with-ncino-platform-implementation-302526352.html
[2] https://www.stocktitan.net/news/INFY/infosys-transforms-abn-amro-s-lending-process-with-n-cino-platform-xuxbdv42yj8b.html