More NewsKeyCorp Extends Trade Partnership with ABN AMRO

KeyCorp Extends Trade Partnership with ABN AMRO

ABN AMRO has signed an agreement which extends and builds on KeyCorp’s existing trade outsourcing mandate. KeyCorp, one of the largest bank-based financial services companies in the US, outsourced its trade finance services processing to ABN AMRO three years ago. KeyBank’s Global Trade Services Group has now signed a contract extending the partnership to take full advantage of ABN AMRO’s trade services, and is seeking to identify and exploit new business opportunities. As a part of the extended partnership, ABN AMRO will develop an activity ‘dashboard’ to satisfy KeyCorp’s management information needs. Analyzing critical data from multiple perspectives, including analysis by customer, product, sub-product and transaction type will enable KeyBank to improve its customer response time, track and control transactions with precision and more effectively manage funding and cash flow.

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