ABN Amro turns to Sopra for its mobile banking app

Source: Sopra Banking Software

Sopra Banking Software, global leader in digital banking and financing software, supports banks and other financial institutions with their digital transformation.

Its "Direct Banking on SaaS" software now manages the Core Banking of Kendu, ABN AMRO's new wealth management application.

Kendu is an innovative app that incorporates the latest technology and enables the customer to invest in his life goals, like early retirement, childrens’ education or holiday home. They can define these ambitions and the related timeline, and the app helps to determine the risk profile. It offers a 100% mobile customer experience to help them bring their ambitions to life.

Based on the information collected, the application automatically provides an overview of required (periodic) investments to achieve objectives, selects funds and ensures proactive management. 

Omar el Khamlichi, ABN AMRO, explains: « We are pleased that Sopra Banking Software has helped us deliver our new offering to the market with its "Direct Banking On SaaS". Sopra Banking provides a banking solution on SaaS that can integrate into our digital offering and has demonstrated its commitment to make our ambitions a reality."

Duco De Lange, Country Manager The Netherlands of Sopra Banking Software comments: « Sopra Banking Software is delighted to be able to support ABN AMRO in its digital transformation process with the "Direct Banking on SaaS" solution. This is a 100% digital offering in the field of online wealth management that provides an exceptional customer experience »

Comments: (1)

Conny Dorrestijn
Conny Dorrestijn - BankiFi - Manchester 07 July, 2019, 13:10Be the first to give this comment the thumbs up 0 likes

Is this wealth management, i.e. asset management for the top end customers or lifestyle banking and planning (savings and investments) for retail customers? unclear from the above.. thanks!