Netherlands-based Rabobank has selected Alltel's Advanced Commercial Banking System (ACBS) to support both local corporate clients and its international commercial wholesale lending operations.
Rabobank will use ACBS to replace systems running duplicate databases in its Dutch and American operations, enabling the bank to streamline business workflows and increase efficiency.
Rob Niesert, executive vice president for Rabobank International, says the system will bring the bank one step closer to straight-through processing in its servicing and management of commercial wholesale lending.