30 Best CEOs of the Year 2020 30 Best CEOs of the Year 2020 | Page 60

Finastra
Unlocking innovation in financial services
F
inancial institutions today
must manage new payment
types, conduct multi-currency
and multi-product transaction
banking operations worldwide,
and securely exchange complex
payment and trade information.
All while continuing to offer
superior customer service in a
highly regulated and increasingly
competitive landscape.
Retail banking is changing at
unprecedented speed. Success
depends on satisfying the demands
of the digital-savvy consumers and
leveraging emerging technologies
while complying with tougher
regulations and constantly
innovating. It’s a tough to-do list.
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Finastra is one such company which
builds and deploys innovative,
next-generation technology on an
open Fusion software architecture
and cloud ecosystem. The firm was
formed in 2017 by the combination
of Misys and D+H. The scale and
geographical reach mean that the
company can serve customers
effectively, regardless of their size
or location—from global financial
institutions to community banks and
credit unions. Finastra brings deep
expertise and an unrivaled range of
pre-integrated solutions spanning
retail banking, transaction banking,
lending, and treasury and capital
markets. With a global footprint
and the broadest set of financial
software solutions available on the
market, Finastra has $1.9 billion in
revenues, 10,000 employees and
over 9,000 customers, including 90
of the top 100 banks globally.
Finastra Platform
Finastra’s open development
platform unlocks innovation in
financial services. It is changing
the way modern banking software
is built and distributed. With
their open development platform,
FusionFabric cloud, the firm is
blending innovation through
collaboration by opening up their
core systems in Retail Banking,
Payments, Lending, Corporate
Banking, and Treasury & Capital
Markets through open APIs so third
parties can develop applications
on top. Finastra has evolved from
packaged software to micro-
services, open APIS and continuous
delivery, made possible with
their development platform via
open interfaces, standards, and
architecture.
FusionFabric.cloud
FusionFabric.cloud unlocks
innovation by fostering open
collaboration within an ecosystem
of development partners. A major
innovation for financial services, it
opens up Finastra’s core systems
via this platform to all players in
the financial services ecosystem –
banks, fintechs, system integrators,
independent developers,
consultants, students – enabling
the development of a previously
unachievable range of services.
FusionFabric.cloud is made up of
3 core components:
Fusion Creator: Finastra Developer
Portal which hosts API Catalog and
provides access to Finastra’s open
APIs, complete with developer
documentation and sandbox access
Fusion Operate: The secure
production environment, hosted on
Microsoft Azure, to connect your
apps to Finastra software running in
Financial Institution environments
across the world
Fusion Store: The marketplace from
which applications developed with
FusionFabric.cloud can be promoted,
bought, sold and consumed
With FusionFabric.cloud, Finastra
champions open collaboration,
driving the future of banking with an
open platform approach.
Finastra’s most trusted
solutions and services
Retail Banking
Finastra retail banking software
solutions are designed to help
you to complete it. Their portfolio
is the broadest, deepest suite of
integrated solutions for retail
banks, commercial banks, universal
banks, community banks, and credit
unions.
The firm provides the technology
platform and components you need
to succeed in the fast-changing
world of retail banking. Their
flexible, agile and open solutions
cover:
•
Core Retail Systems. Build the
foundation for efficiency and
success