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
The future of payments is ISO 20022, how will you transition?
29th August 2019
The financial ecosystem as we know it is evolving. The world of payments is entering a new and exciting era that brings promise of modernization and flexibility brought on by the migration to the new ISO 20022 messaging standard. This transition will bring not only heightened opportunities but also challenges for banks, how will you ensure a smooth...
US real-time payments are headed to ubiquity. Are banks ready?
10th April 2019
In 2017, the US joined the global move towards real-time payments (RTPs) with The Clearing House’s launch of the RTP system. Rapid take-up since then among the largest banks means the system now covers almost half of the total demand deposit accounts in the US. However, volumes remain low and many banks are still not connected.
So,...
Seizing the Apac corporate banking opportunity
31st October 2018
There is no doubt that the Asia Pacific (Apac) region now dominates the global banking landscape, with 43% of total global bank profits generated in the geography. It’s also a highly competitive segment of the corporate banking sector, with the largest corporate clients in APAC often working with 20 or more banks.
For banks able to deliver...
Finastra CTO: Data is the "big play" in firm’s new SaaS payment solution
22nd October 2018
Finastra revealed its cloud-based instant payments offering for small and mid-sized banks at Sibos 2018 today, in Sydney, Australia.
The Fusion Global PAYplus packaged solution - which has a release date of Q2 next year - will enable tier three and four financial institutions in the EU and US to enjoy the benefits...
Platformification and collaboration ensures survival
19th September 2018
Platformification throws up some interesting challenges for banks and collaboration is increasingly being seen as the emerging model to address existing gaps. Working with fintechs means that banks can offer new and attractive innovations to their customers quickly by curating fintech partners in an ecosystem that blends their creativity side by...
Thinking differently about data: the new opportunity for banks
3rd September 2018
Often described as the ‘new oil’ or even the currency of the digital economy, data is key to the business strategy of every organization. For banks, building an understanding of how to harness the variety, velocity and volumes of data available to them will dictate the difference between success and failure in the very near future.
...
AI has arrived - don’t leave data strategy behind
13th July 2018
Over the last century computers have sped up exponentially, according to Moore’s law, whilst their production costs have halved every 18 months. That pace is increasing even more with quantum computers that are already running at 50 qubits. By comparison, a 100 qubit computer could theoretically be more powerful than all the supercomputers in...
Hyper-connected corporate banking and the drive to digitise
9th October 2017
There is a widening gap between the winners and losers in corporate banking. Three principles guide the highest performers: a focus on connecting platforms and ecosystems, the desire to embrace innovation and an obsession with the customer. To increase the corporate wallet share, digital corporate banking strategies must keep the right balance...
Payments-Platform-as-a-Service: A sea-change in payments hub delivery
23rd March 2017
Dagan Osovlansky, Group Leader, Product Management, D+H
Software-as-a-Service (SaaS) is now a standard delivery model across many industries—even financial services firms, representing a major shift in perspective. The payments space, in particular, shows signs of further evolution of the delivery model. Banks and financial...
Banking on world trade: Driving global financial inclusion
20th March 2017
Simon Paris, President, Misys
We are at a critical moment in history. After many years of globalisation and global free trade, we’re now witnessing a significant slowdown, as compared to GDP growth. In fact, 2016 was the fifth consecutive year of trade growth below 3%. On the edge of a major reversal and a possible dismantling of the trade...
