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ABN AMRO chooses Wolters Kluwer and SAS to integrate finance, risk and reporting

GRC Announcements | March 29, 2018

ABN AMRO, the third largest bank in the Netherlands, 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...

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