SNS Bank selects Ohpen for BPO core processing services


Amsterdam-based banking software vendor Ohpen has signed a long-term outsourcing agreement with Dutch state-owned bank SNS to deliver its business process outsourcing (BPO) solutions to support the investment propositions of ASN Bank, BLG Wonen, RegioBank and SNS. The services, underpinned by Ohpen’s Microsoft.Net-based core banking platform, will start by the end of 2017. Ohpen CCO […]

ING cans Twyp mobile payments app in the Netherlands, but keeps it going in Spain

ING Twyp

ING is pulling a plug on its peer-to-peer (P2P) mobile payments app, Twyp, in the Netherlands due to the lack of customer uptake. However, the app will continue to function in Spain.

Mizuho Bank Nederland live with new risk and reg reporting system, OneSumX

Wolters Kluwer gains new client for OneSumX

Wolters Kluwer has implemented its flagship OneSumX solution at Mizuho Bank’s subsidiary in the Netherlands. The solution supports risk calculations and multi-country regulatory reporting.

SNS Bank revamps treasury and risk as Basel reforms tighten grip


Dutch state-owned bank SNS is to upgrade its treasury and risk infrastructure using services from vendor SunGard. The bank wants to centralise its credit and market risk management, including initial margin and potential future exposure, in view of Basel requirements which oblige banks to adhere to higher standards of record keeping and transparency.

Rabobank picks SuperDerivatives FX trading toolkit

Rabobank is based in the Dutch city of Utrecht (pictured)

Dutch cooperative bank Rabobank has chosen tools from SuperDerivatives to help revamp its global FX trading operations.

Dutch regulator okays Amazon Web Services for financial sector

DNB recently approved Amazon Web Services for use by the Dutch financial sector

De Nederlandsche Bank (DNB), the Netherlands’ national banking regulator, has cleared Amazon Web Services for use in the country’s financial sector, clarifying key supervision criteria for Dutch organisations looking to move infrastructure or services to the AWS cloud.

Euroclear moves France, Netherlands and Belgium to T+2 settlement

Euroclear will move the Paris, Amsterdam and Brussels markets to T+2 settlement

Securities trading in France, the Netherlands and Belgium is to move to T+2 settlement in October 2014, following a decision by Euroclear to pre-empt Europe-wide settlement reforms.

NYSE Euronext opens SME market in Netherlands

EnterNext will have a close focus on Dutch SMEs in Amsterdam

NYSE Euronext has launched EnterNext, a market for small- and medium-sized companies, in the Netherlands for the first time – a move the exchange says will help local SMEs to get the financing they need.

ING Bank names new CIO

Ronald van Kemanade

Dutch bank ING has appointed Ron van Kemenade as its new CIO. Van Kemenade has 20 years of experience in the financial services and online sectors. Previously CIO of ING in the Netherlands, the promotion will see him CIO for the entire ING Bank. Van Kemenade joined ING in 2003 as Internet manager at Postbank […]

Equens offers SEPA support to Dutch businesses

Many Dutch businesses have yet to address SPA changes

European payment processor Equens plans to offer a number of services to the Dutch business community to support them in the migration to Single Euro Payments Area formats