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IBAS GTF will be implemented to handle global trade finance operations in a multi-country set-up.

AmsterdamCBA, a global provider of banking IT solutions and services, today announced that ABN AMRO Bank N.V. has selected its IBAS GTF - Global Trade Finance Factory for deployment at the bank’s headquarters in the Netherlands and across its international branches.  According to the bank, the main objective is to offer highly sophisticated and flexible trade finance services to its global customers using one single system, situated in the Netherlands.

Bridge of Size

HelsinkiFinland-based Aktia Bank overcame reservations about working with a smaller supplier and opted for CBA's IBAS GBF - Global Banking Factory.  How has it fared?  IBS Intelligence reports.

CBA, a global provider of banking IT solutions and services, today announced that it has signed a Partner Agreement with Bolero. The purpose of the co-operation is to develop the interfaces between IBAS GTF - Global Trade Finance Factory and Bolero, with Fortis Bank (Netherlands) to be the first taker. Phase 1 is for Documentary Credits and will be delivered in June 2010.  Phase 2 covers Guarantees and Phase 3 covers Documentary Collections.