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GT&A developments at ABN Amro
01 October 2002
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trade
global trade
export
ABN Amro used the Sibos conference in Geneva in September to make a
series of announcements about the bank's global trade and advisory
(GT&A) business.
First, the GT&A group has launched two new web-enabled
capabilities via its trade portal www.maxtrad,com: USD
Reimbursement Collection Services (RCL) and MaxTrax.
The RCL solution was created to address the needs of financial
institutions that face growing pressure to expedite collection and
reconciliation of bills and LC documents. RCL is an outsourcing
partnership that can result in cost savings and efficiencies.
Benefits include: faster collection-to-cash conversion cycle; cost
savings; liquidity and risk exposure management; potential for
improved...
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