ABN AMRO, the leading Dutch universal banking group, has decided to implement WealthSuite, Temenos’ best-of-breed, integrated Wealth Management platform for its international Private Banking business.
Temenos’ WealthSuite is an integrated suite of front to back applications that covers the full private banking value chain. Since 2009, ABN AMRO has been operating the T24 core banking platform as the hub for its corporate banking activities. With this move, the bank will be able to extend the use of T24 to its Private Banking and Diamond and Jewelry business, meaning it has one operational core banking platform with one operating model across multiple business lines.
By consolidating applications on the Temenos platform, the bank anticipates significant operational efficiencies that will help them better respond to market demands.
