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NIB Capital selects Fidelity's ACBS for commercial lending ops

19 May 2003  |  3101 views  |  0 NIB Capital selects Fidelity's ACBS for commercial lending ops

Netherlands-based NIB Capital is implementing Fidelity Information Services' Advanced Commercial Banking System (ACBS) to support its commercial lending activity.

NIB Capital will use the Deal & Loan Servicing (DLS) module from the package to automate the servicing of its commercial and corporate loan portfolios and the DataMart component to provide users with on-demand information, analysis and reporting.

Fidelity says ACBS will enable the bank to integrate its legacy lending systems, improve data-sharing across the enterprise, streamline business workflow and deliver reporting and analysis.

Elsbeth Wiersma, director of operations, NIB Capital, says ACBS will provide a reliable, flexible solution capable of handling both simple and complex lending structures for enterprise-wide lending.

"Tools such as ACBS flexible instrument definition will enable us to proactively manage our business needs and portfolio expansion," she says.

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