Finastra
Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Supported by the broadest and deepest portfolio of financial services software, Finastra delivers this vitally important technology to financial institutions of all sizes across the globe, including 90 of the world’s top 100 banks.
Company Insights
Accelerating digital transformation: value in a platform-based approach
2nd March 2021
Over the last 12 months we’ve seen one of the biggest shifts in decades in financial technology – with banks accelerating the transition of their operations to the cloud. The benefits are clear: a cloud-based approach provides easy access to innovation, helps banks deliver more relevant customer experiences, and...
Redefining the future of finance
22nd September 2020
The impact of the pandemic has been felt around the world, and in so many ways. It has highlighted the need to counter some of the world’s problems and, in that respect, has increased the urgency to create better outcomes for society.
We’ve witnessed an acceleration in digital transformation strategies, as institutions look to better...
How corporate banking ecosystems are evolving - with customers at the core
7th January 2020
In my first article based on the Global Corporate Treasury Survey 2019, I explored why building customer relationships is becoming ever more pivotal to corporate banking business models. In this follow-up, I go on to examine the technologies and ecosystems that will characterise the new era of relationship banking.
The primacy of data
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Training: An investment set to transform your business
6th January 2020
“The only thing worse than training your employees and having them leave, is not training them and having them stay,” said Henry Ford, founder of the Ford Motor Company.
The financial landscape is shifting at a rapid rate, barely recognisable from half a decade to the next, so naturally, many banks are forced to update their systems...
Treasurers’ priorities today will shape the banks of tomorrow
11th December 2019
The IDC Global Corporate Treasury Survey 2019 conducted by IDC in partnership with Finastra provides a unique snapshot of corporate treasurers’ current and future priorities. Looking across the findings, one of the most striking is that 47 percent of the respondents can see opportunities for banks to enhance their offerings and deliver...
Banking on the cloud: the new normal in financial services
25th November 2019
The need to innovate and keep up with new market entrants has become the key driver in a bank’s strategic decision to adopt the cloud. Cloud is all about enabling business agility and rapid evolution with on-demand innovation to satisfy growing business needs - yet with no compromise on security and without the investment burden associated...
The rise of the platform economy in financial services
24th October 2019
Platforms, APIs and open banking are rewriting the rules and creating powerful new ways to engage with the customer at lower cost. When it comes to future technologies how should bank leaders shape their strategy to embrace digital and make the most of the opportunities in the face of limited budgets, rising costs and a tight skills market? I...
Robust governance procedures key to bank-vendor relationship
21st October 2019
“We put in place rigorous governance mechanisms, we agreed with Finastra what the governance mechanism would be like and we then started to execute it,” said Dr Aamir Matin, chief technology and strategy officer, HBL, Pakistan.
That governance mechanism is crucial to any bank-vendor relationship, added Saqib Iqbal, sales manager MEA...
How cross border is shifting the transaction banking landscape
15th October 2019
Real-time cross-border payments are growing in presence and show no signs of stopping. A growth that will affect, not only the corporates’ treasury but also the banks’ own treasury operations. The time has come to learn how to effectively manage this change.
What’s driving this change? In spite of the increase in popularity for...
Upgrading banking systems: A Finastra/HBL case study
8th October 2019
The relationship between a bank and its fintech partners is one that needs gentle management, on both parts, as well as regular review. Throughout implementation and across the lifeline of the relationship, close project management and systematic assessment is paramount. Two organisations that have been working together for some time now are...
