HP announced that ABN AMRO, a global banking company, has selected the HP Halo Collaboration Studio to conduct meetings in different locations around the world in a vivid, real-time, face-to-face environment.

With Halo, ABN AMRO will be able to react quickly to the needs of the fast-paced financial services industry by immediately bringing together key business stakeholders. Additionally, the Halo system will help reduce travel costs and speed up development of critical business solutions that ABN AMRO must deliver quickly to remain competitive around the globe.

The HP Halo Collaboration Studio enables participants to see each other in life-sized images projected on studio-quality displays and communicate with one another without perceived delay. In the banking industry, innovative methods of collaboration are becoming increasingly critical to respond to the different needs of customers in multiple locations in real time.

HP Halo will change the way the ABN AMRO builds and uses shared services. Offices around the globe can collaborate on particular banking solutions and the end-product or financial service can then be reused and customized quickly across any of the bank’s locations. Personnel also can be trained without accruing costly travel bills.

Specifically ABN AMRO will use Halo to:

• connect five regional client business units to share best practices,

• connect ABN AMRO with its technology partners, including outsource and offshore partners, to improve collaboration and reduce time to market,

• capitalise on the capabilities across the bank to better serve ABN AMRO clients.

HP Halo serves an array of industries, including pharmaceuticals, financial services and manufacturing, and is present in 17 countries: Australia, Canada, Chile, China, France, Germany, Hong Kong, India, Ireland, Israel, Japan, Singapore, Spain, the Netherlands, Switzerland, the United Kingdom and the United States.