ABN AMRO Moves Progress-Powered Credit Store App to Azure Cloud; Achieves 40% Faster Data Processing, Lower TCO and Improved Business Resilience
BURLINGTON, Mass., March 12, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that ABN AMRO Bank, one of the largest banks in the Netherlands, migrated its Progress-powered Credit Store application from on-premises to Microsoft Azure leveraging MarkLogic® Data Hub's cloud neutrality and deployment flexibility—resulting in faster data processing, increased business resilience and lower Total Cost of Ownership (TCO).
- Built on the MarkLogic Data Hub repository, the bank’s Credit Store application enables business users to assess the risks of and approve or reject credit applications based on client data collected from various siloed sources.
- To boost its performance and simplify its overall technology environment, ABN AMRO partnered with Infosys to migrate the Credit Store application.
- The MarkLogic Data Hub helps organizations gain operational excellence by delivering a 360-degree view of their operations, customers and people.
- “The MarkLogic Data Hub reoffers the ability to adapt to changing business needs, navigate regulatory requirements and improve business continuity.”