ABN AMRO Bank, as a major participant in the foreign exchange markets, has played an active role in implementing the CLS concept. ABN AMRO Bank is a founding member and one of 63 equity partners. It is participating in the development of the underlying principles and mechanics of the concept and has applied them to a range of flexible solutions to optimize the benefits of CLS for its clients. The stability of the CLS infrastructure is ensured as each Settlement Member of CLS must meet stringent entry criteria based on capital adequacy, operational competence and overall creditworthiness. ABN AMRO Bank is regarded as one of the most secure and reliable banks in the world both in terms of financial strength and service performance.
Comprehensive service offer including issuing and managing smartcards and certificates.
Ease of customer acceptance in particular, the ability to service non-ABN AMRO Bank customers who have a bank relationship within the Identrus network. The Identrus solution will ensure secure logon and digital signing of foreign exchange transactions from users of the Bank's CLS system. Information exchanged between the server and the client will not be visible to other parties. The identity of the user will be established. Transaction data will be signed, so that transactions sent cannot be denied.