Infosys Streamlines ABN AMRO's Loan Process through Integration of nCino Platform
In a significant move towards digital transformation, ABN AMRO Bank, one of the largest banks in the Netherlands, has implemented the nCino Platform in collaboration with Infosys. This partnership aims to streamline operations, enhance customer experiences, and ensure compliance with regulatory requirements.
Joaquin de Valenzuela, Managing Director - EMEA at nCino, expressed his excitement about the partnership, stating that it reflects the strength of the nCino Platform and its ability to deliver meaningful results. He further added that the collaboration empowers ABN AMRO to optimize their lending processes, drive operational efficiency, and meet the demands of a highly regulated industry.
Jay Nair, EVP, Industry Head, Financial Services and Public Sector at Infosys, shared his pride in supporting ABN AMRO's digital transformation journey with the nCino Platform. The unified loan origination and collateral management solution is expected to optimize processes, improve data quality, reduce turnaround time, and enhance the digital experience for ABN AMRO's customers.
The implementation aimed to transform ABN AMRO's loan origination and collateral management process by consolidating multiple legacy systems into a single, unified platform. Infosys demonstrated its expertise in nCino Platform capabilities during the implementation, facilitating the migration of over 100,000 records from multiple legacy systems over a period of 11 months.
According to Jay Nair, the nCino Platform will enable ABN AMRO to centralize asset and collateral management, optimize customer onboarding and loan origination, improve operational efficiency, enhance regulatory compliance, and provide a flexible and scalable solution for future needs. The platform offers a comprehensive suite of solutions across loan origination, credit analysis and risk, collateral management, and portfolio management.
Hans-Willem Giesen, IT Lead - Credits at ABN AMRO, stated that the transition to the nCino Platform, facilitated by Infosys, will significantly improve operational efficiency, enhance collateral management capabilities, and provide customers with a faster, more transparent experience. The Go Live marked a significant milestone, with the rollout of new features on the nCino Platform.
Infosys was selected by ABN AMRO for its expertise in digital and cloud transformation capabilities and its ability to deliver comprehensive solutions. By leveraging the nCino Platform, ABN AMRO is not only helping to enhance internal workflows but also elevating the experience for clients and employees alike. This transformation represents a significant step in ABN AMRO's digital journey, positioning the nCino Platform as a cornerstone for growth, operational excellence, and compliance in a highly regulated financial environment.
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