Payments, documentary credits, cash management applications and treasury applications will be offered in one total package. This gives clients the optimum combination of risk and liquidity management in one single application.

Rabobank has selected CoCoNet's MULTIVERSA IFP International Finance Portal as the new e-banking and cash management channel for its corporate customers in the Netherlands. Through the implementation of MULTIVERSA IFP, Rabobank is adding a state-of-the-art portal solution to its e-banking and cash management services for corporates.

"We were looking for an advanced software solution that would enable us to realise a very short time to market and consequently gain a competitive advantage. In addition to out-of-the-box fulfilment of the requirements for the Dutch market, we also placed special importance on the ability to be able to quickly extend the system to include multi-banking and additional countries in our network. We chose CoCoNet because they have a product available that meets our clients' requirements. Good references from other leading financial institutions support this choice," says Ruud Nijs, Head of Rabobank Financial Logistics.

CoCoNet's Managing Director Ulrich Lischewski states: "We are very proud to be working in partnership with Rabobank and are pleased to have the opportunity to broaden our clientele in the Dutch market. We are convinced that Rabobank will use our proven technology very successfully."

MULTIVERSA IFP will enable Rabobank's clients to gain easy access to payment transaction services and account information that is fully integrated into Rabobank's Financial Logistics Portal (RFLP) and includes the existing public key infrastructure (PKI). Rabobank’s customers will be able to access Rabobank's portal services and all other systems via a unique user ID and smartcard issued by Rabobank.