Omar el Khamlichi

ABN AMRO has launched its mobile wealth management app, KENDU in collaboration with Sopra Banking Software. The partnership will facilitate ABN AMRO to utilize Sopra’s Direct Banking on SaaS software for Kendu’s core banking operations.

Omar el Khamlichi, ABN AMRO, commented, “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.”

According to the supplier, Kendu provides an overview of required and periodic investments in a bid to achieve customer objectives, proactive management and assists in the selection of funds.

Duco De Lange, Country Manager (The Netherlands) of Sopra Banking Software commented, “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.”

Recently, Sopra Banking Software has entered into a partnership with UK-based personal data security platform digi.me in order to utilize digi.me’s Private Sharing solution for encouraging its bank clients to provide customized financial service offerings.

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by Megha Bhattacharya
Market Analyst at IBS Intelligence
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