ABN Amro deploys Infosys Finacle’s liquidity management solution for corporates
Dutch investment bank ABN Amro has implemented Infosys Finacle’s liquidity management solution to provide its corporate customers with “a single point of access to better manage their global commercial cash flows”.
ABN Amro deploys liquidity management solution from Infosys Finacle
Infosys Finacle is part of EdgeVerve Systems, a fully owned subsidiary of Infosys.
ABN Amro’s corporate customers now have access to a range of services to better identify, manage, and enhance liquidity positions “on the go”, Infosys Finacle says.
These customers now have a single, digital point of access to manage global commercial cash flows with enhanced target balancing, notional pooling, aggregated balance agreement, and IFRS accounting.
Infosys Finacle says the solution’s cloud-based environment ensures a “seamless” relay of updates, quick time-to-market, greater efficiencies and scalability, and the ability to rapidly introduce new product innovations.
ABN Amro’s director of transaction banking Xander van Heeringen says “smarter” cash management is becoming a key priority for its customers, “pushing the need for driving resilience in treasury operations”.
