The Dutch-based bank will be using Lombard Risk's collateral management software product, COLLINE - a sophisticated, web-based collateral management software solution that facilitates efficient management and straight through processing of the entire margin call and reconciliation process.

COLLINE is a pure internet application that runs securely within a web browser from anywhere in the world without requiring any desktop software, and is highly scalable to meet the needs of top global banks and small institutions alike.

The contract was agreed after a thorough period of testing, during which the system was compared with competitor systems by the team adopting the system at ABN AMRO, including the system that had been used by the bank historically.

Story provided by Business Financial Newswire