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ABN AMRO Clearing
ABN Amro Clearing Average Score 2022 Average Score 2021 Average Score last 3 years Global Average Difference with Global Average Capital Introductions 4.00 5.00 5.50 5.38 -1.38 Client Services 5.28 5.50 5.72 6.14 -0.86 Consulting N / A 5.13 6.00 5.91 N / A Operations 5.50 5.83 5.61 6.00 -0.50 Technology 5.00 5.36 4.86 5.79 -0.79 Risk Management 5.44 6.06 5.27 5.88 -0.44 Asset Safety 5.68 5.84 6.42 6.15 -0.47 Trading and Execution 5.89 6.00 5.60 6.19 -0.30 Financing 5.41 6.31 5.55 5.81 -0.40 Stock Borrowing and Lending 5.00 5.25 4.58 5.93 -0.93 Foreign Exchange Prime Brokerage 6.25 5.09 5.75 6.04 0.21 Fixed Income 5.86 5.67 5.55 6.00 -0.14 OTC Clearing 5.13 5.17 6.17 5.92 -0.79 Listed Derivatives 5.81 6.00 6.08 6.07 -0.26 Average 5.40 5.59 5.62 5.94 -0.54
While ABN Amro Clearing ’ s results this year fall largely into the Good range ( 5.00-5.99 ) – with only Capital Introductions dipping into Satisfactory territory – they fall short of the global average apart from FX Prime Brokerage , where they outperform . Unusually , the bank is quite forthright about its shortcomings . “ We are aware that there have been deficiencies in our offering over the last 12 months consequent to various projects to bring formerly outsourced functions in-house and to improve our technological architecture ,” says the provider . “ This work , coupled with heightened volumes of new client on-boardings , has negatively impacted the quality of certain services . We remain committed to our clients and their changing needs and look forward to the near future when many processes will be streamlined and enhancements implemented to the benefit of our partners and prospects .” During the past year , the bank says it executed and cleared record volumes for clients . Almost half of respondents for the bank , describe the overall service received from ABN Amro as either Very Good or Excellent . “ Every year since we are working with ABN Amro Clearing we are amazed by the level of client service . It is outstanding . They are always willing to help , they are fast and they are ready to go an extra mile to provide you with a solution which we need ,” says one .
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