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ABN AMRO standardises on CBA's IBAS Global Trade Finance Factory – implementing CBA's new front-end system ... - IBS Intelligence (blog) (subscription)

Published 1 year ago

ABN AMRO standardises on CBA's IBAS Global Trade Finance Factory – implementing CBA's new front-end system ... - IBS Intelligence (blog) (subscription)

IBS Intelligence via ibsintelligence.com

Norwegian software vendor Commercial Banking Applications (CBA), today announced that ABN AMRO has implemented the new IBAS Customer Front-End System for Trade Finance across its global operations. The new IBAS front-end interfaces with CBA’s IBAS Global Trade Finance Factory (IBAS GTF) mid- and back office solution. IBAS GTF is already being used by ABN AMRO to manage its trade finance operations across Europe, Asia Pacific and North America. “CBA is a long-term strategic partner to our business,” said Frans Westdorp, business developer, Trade Finance, ABN AMRO. “We first deployed IBAS GTF to support our trade finance operations in the Netherlands back in 2010. “CBA is a long-term strategic partner to our business,” said Frans Westdorp, business developer, Trade Finance, ABN AMRO. IBAS GTF is Java-based and allows ABN AMRO to manage its international trade finance operations in a single global environment. We are thrilled to be implementing the new IBAS front-end at ABN AMRO and look forward to continuing our close collaboration – supporting the bank on future projects such as the implementation of SWIFT’s MT 798 messaging as well as developments with blockchain.” Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full
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