Cash And Trade Magazine For Cash and Trade professionals in the Middle East
CBA, a global provider of banking IT solutions and services, recently announced that ABN AMRO has selected its IBAS Global Trade Finance Factory (IBAS GTF) for deployment at the bank’s headquarters in The Netherlands and across its international branches.
According to the bank, the main objective is to offer highly sophisticated and flexible trade finance services to all its global customers, using one single system situated in the Netherlands.
A spokesman said, “IBAS allows a bank to implement the same levels of solution sophistication in any market it enters into, using one single method of handling the business, whilst also adapting to local market requirements. Customisation of IBAS can be undertaken using a bank’s own in-house expertise, eliminating the need to undertake time consuming and expensive outsourcing.
