ABN AMRO Chooses Wolters Kluwer and SAS for regulatory compliance project
ABN AMRO, the third largest bank in the Netherlands with more than 22,000 employees, has chosen Wolters Kluwer and SAS to provide a truly integrated finance, risk and regulatory reporting software solution. The implementation of the software is part of the bank’s major transformation project, the Finance and Risk Architecture Alignment Initiative (FRAAI), which is designed to better meet increasing requests internally as well as from regulatory bodies for ever more granular or different data within shorter time lines.
Better management of high-quality data and improved risk analytics are key pillars to meet the increasing need for control, intelligence and insight in the bank’s performance. At the same time the bank aims to optimize its IT maintenance costs, promote automation and increase the efficiency and agility of the finance and risk processes.
Together, Wolters Kluwer and SAS will provide the software component ABN AMRO needs to achieve these goals.AbnAsia.org Software. Faster. Better. More Reliable. +1-669-999-6606 +84-945-924-877 [email protected]