EP774: How CBA’s Transaction Due Diligence solution is helping ABN Amro trade finance

Frans Westdorp, Product Owner Trade Finance, ABN AMRO Bank & Richard White, Head of Trade Finance, Commercial Banking Applications (CBA)

ABN AMRO Bank recently went live with Norwegian software vendor Commercial Banking Applications’ Transaction Due Diligence (TDD) functionality within CBA’s IBAS GBF - Global Banking Factory. The bank is now using TDD across its global trade finance operations to monitor transactions and flag suspicious activity, helping to combat financial crime and ensure full compliance with national and international regulation. Robin Amlôt of IBS Intelligence spoke to Frans Westdorp of ABN Amro (pictured) and Richard White of CBA about the implementation and the efficiencies it has created.