back Back

ABN AMRO Bank extends its partnership on the Temenos Banking Cloud

By Joy Dumasia

April 13, 2022

  • ABN AMRO Bank
  • Banking
  • Cloud Platform
Share

Temenos, Cloud Banking Platform, Battle Financial, Temenos Banking Cloud, Battle Bank, F.D.I.C., Regulatory, Traditional Banking, USAABN AMRO Bank has signed a multi-year subscription extension with Temenos to support customer growth and business expansion on the Temenos Banking Cloud. The extended agreement includes access to Temenos Continuous Deployment as-a-service for the bank’s 22 DevOps teams. 

ABN AMRO Bank is a long-standing customer of Temenos, running its international corporate banking, private banking, and global international payment on Temenos open platform. This latest commitment to the Temenos Banking Cloud demonstrates ABN AMRO Bank’s confidence in the platform’s maturity and composable banking services to increase agility and pace of innovation. 

Since adopting Temenos Continuous Deployment in 2019, ABN AMRO Bank has reduced the time to configure, test, and deploy software change from weeks to days, enabling the bank to move towards a ‘code in the morning, deploy in the afternoon’ approach. 

The capability to introduce new features and functions for an increasingly demanding customer base is a competitive advantage for ABN AMRO Bank. The bank estimates Temenos Continuous Deployment increases the efficiency of its early-stage testing by 30%, daily test pipelines from 1 to 15, and will accelerate test cycles by 10, leading to more frequent and effective innovation. By giving teams their own environments, the bank also empowers its DevOps teams in their delivery. 

Friso Westra, Head of IT Development Core Banking and Wealth International of ABN AMRO Bank, said: “This announcement demonstrates our commitment to agile innovation and faith in Temenos platform. With Continuous Deployment on the Temenos Banking Cloud, we empower our DevOps teams to develop new services and get them to the market much faster. We see a future of banking fully in the Cloud, and this further collaboration with Temenos takes us one step closer to that vision.”

Max Chuard, Chief Executive Officer, Temenos, said: “We are delighted ABN AMRO Bank, one of the largest and most innovative banks in Europe, has extended its collaboration with Temenos to leverage the power of Temenos Banking Cloud. A cohesive DevOps strategy is critical to gaining and retaining a competitive edge, and ABN AMRO Bank leads the way with its world-class agile development teams. We are excited to build on our close working relationship with ABN AMRO Bank as it continues to embrace the Cloud and our open platform to power new growth opportunities.” 

Previous Article

April 13, 2022

Capitalise partners with Xero giving accountants business credit insights

Read More
Next Article

April 13, 2022

Mercuryo launches open banking payment options in partnership with Volt

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

ABN AMRO Bank

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Finastra taps Databricks to boost AI capabilities & enhance services

Read More

Today

Worldline partners with Google to enhance cloud-based innovation

Read More

Today

10x Banking secures fresh funding to fuel global expansion

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023