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Infosys helps ABN AMRO migrate its lending process to cloud

Infosys helps ABN AMRO migrate its lending process to cloud
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India’s second largest IT services firm Infosys on Monday said it has helped ABN AMRO Bank, one of the largest banks in the Netherlands, migrate its lending process and related operations to the cloud. 

The company said it has implemented the next phase of the nCino platform – a cloud-based platform designed for banks and financial services – for the Dutch bank. The project consolidated multiple legacy systems into a unified platform, transforming ABN AMRO's loan origination and collateral management, enhancing customer service, and streamlining operations. 

"Infosys is one of the primary Application Development and Maintenance partners of ABN AMRO, and has, during the implementation, demonstrated expertise in nCino Platform capabilities, helping facilitate migration of over 100,000 records from multiple legacy systems over a period of 11 months," Infosys said in an exchange filing on Monday. 

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The nCino platform provides ABN AMRO with a centralised solution for managing assets and collateral, mitigating data quality issues, optimising customer onboarding and loan origination, improving efficiency, and ensuring regulatory compliance.
The cloud-native, configurable solution features credit workflows with API-driven integrations and data migration capabilities, offering flexibility for future business needs, the IT firm said.

As part of this collaboration, Infosys supported integrations across ABN AMRO’s shared capabilities and diverse IT systems throughout the credit origination and collateral management processes, while also developing a robust data migration and reconciliation strategy.

Hans-Willem Giesen, IT Lead–Credits, ABN AMRO, said, “The transition to the nCino Platform, facilitated by our partners like Infosys, has brought about a significant shift in how we manage our lending process. This solution will improve operational efficiency, enhance our collateral management capabilities, and provide our customers with a faster, more transparent experience. As we look to the future, this platform will be a cornerstone of our continued growth and transformation.”

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To be sure, in 2019, Infosys acquired 75% of Stater N.V., a subsidiary of ABN AMRO, which provides end-to-end mortgage administration services in the Netherlands, Belgium, and Germany. The partnership aims to leverage Infosys' digital and automation capabilities to enhance Stater's mortgage services in the Benelux region. 

Separately, IT major Wipro announced the completion of a large-scale SAP cloud implementation for AusNet, Victoria's largest diversified energy network business, ahead of schedule. 

"Wipro Limited, a leading AI-powered technology services and consulting company, today announced the successful completion of a large-scale cloud ERP system transformation, using RISE with SAP S/4HANA Cloud Private Edition for AusNet, Victoria's (Australia) largest diversified energy network business," the Wipro release said.

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This program replaced legacy systems with an integrated cloud platform, marking a milestone in AusNet's achievement of a secure, scalable, and future-ready digital infrastructure. The implementation utilised RISE with SAP S/4HANA Cloud Private Edition, an SAP offering that enables organisations to transition their ERP systems to the cloud, modernising business processes and IT.
 


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