Infosys augments nCino platform for ABN AMRO's banking operations

In a significant move towards digital transformation, ABN AMRO Bank N.V. has partnered with nCino, a leading cloud-based banking platform provider, and Infosys, a global leader in next-generation digital services and consulting. The collaboration aims to modernize loan origination and collateral management capabilities for the bank.

Over the past 11 months, Infosys has successfully migrated over 100,000 records from disparate systems to the nCino Platform. This migration has paved the way for a unified loan origination and collateral management solution across both phases, optimizing processes for ABN AMRO.

Joaquin de Valenzuela, Managing Director of EMEA at nCino, expressed his delight at the continued partnership with ABN AMRO, stating that it reflects the strength of the nCino Platform. Jay Nair, EVP, Industry Head, Financial Services and Public Sector at Infosys, also shared his pride in supporting ABN AMRO's digital transformation journey in credits with the nCino Platform.

The nCino Platform offers a centralized, data-driven environment for asset and collateral management, improving operational efficiency, mitigating data quality risks, and ensuring robust regulatory compliance for ABN AMRO. The platform features out-of-the-box credit workflows, API-driven integrations, and flexible configuration options.

The latest rollout of the nCino Platform introduces enhanced functionalities for ABN AMRO. These changes involve transforming the loan origination and collateral management processes by consolidating multiple legacy systems into a single unified platform. This consolidation aims to enhance operational efficiency, collateral management, customer onboarding, and regulatory compliance.

The implementation of the nCino Platform has also improved data quality for ABN AMRO, reducing turnaround times, and enhancing the digital experience for their customers. The bank is now empowered to streamline operations and enhance customer experiences while ensuring compliance with regulatory requirements.

The nCino Platform is not just about digital transformation; it's about empowering banks like ABN AMRO to optimize their lending processes, drive operational efficiency, and meet the rigorous demands of a highly regulated industry. The partnership between ABN AMRO and nCino, facilitated by Infosys, is a testament to the potential of cloud-based solutions in revolutionizing the banking sector.