NIB Capital selects Fidelity's ACBS for commercial lending ops
19 May 2003 | 3111 views | 0
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.