Case Study: ABN AMRO Bank N.V. achieves faster, compliant trade reporting with Progress Software MarkLogic

ABN AMRO Bank N.V. speeds regulatory trade reporting with Progress Software

ABN AMRO Bank N.V. faced the challenge of managing vast amounts of difficult trade data to meet aggressive regulatory demands and internal reporting requirements. They needed infrastructure agility for changing regulations like MiFID II. To address this, the customer partnered with Progress Software, utilizing the MarkLogic Operational Data Hub to create a central operational trade store.

Progress Software's solution provided a multi-model database that aggregated structured and unstructured data into a single source of truth. This enabled faster development times, allowing ABN AMRO to beat its project deadlines. The results included minimized risk through bitemporal capabilities, full regulatory compliance with both current and future rules, and the ability to analyze trade data in new ways for future insights.

ABN AMRO Bank N.V