Intelligent CIO Europe Issue 26 | Page 18

NEWS Finastra strengthens its position in Israel with new office opening F inastra is investing further in Israel with a new office in Kfar Saba, just outside Tel Aviv. The office, which is home to over 330 employees, offers more space for the Finastra team to grow as the company strengthens its position in the country, and provides an ultra-modern workspace to inspire creativity and facilitate collaboration. The move will help the company support technological Finastra is helping to drive innovation and collaboration in the industry and financial innovation in the region and drive adoption of its open development platform, FusionFabric.cloud. To mark the opening, Finastra welcomed an audience of banks, FinTechs, government bodies and industry partners to a celebration event, with keynote speakers Chemi Peres (Co-founder, Pitango Venture Capital) and Dr Amiram Appelbaum (Chief Scientist, Ministry of Economy and Industry). Also on the agenda, the ‘Fintech Factor’ showcased four of Israel’s most innovative FinTechs – AIO, CRiskCo, Sonarax and Vala – who delivered rapid-fire pitches. AIO, voted as the favourite by the audience, is now integrating its solution to Finastra’s APIs through FusionFabric.cloud. Eli Rosner, Chief Product and Technology Officer at Finastra, said: “Finastra has been operating in Israel for many years and during the last few, we’ve seen a surge in the number of FinTech developments. According to PitchBook data, FinTechs headquartered in Israel raised over US$143 million in funding in 2018, 145% more than 2017’s US$58 million. As we step up the pace of adoption on FusionFabric. cloud, it’s crucial for Finastra to have a more significant presence in the region and help drive innovation and collaboration in the industry. We look to strengthen our collaboration with local financial institutions, academia, FinTechs and government bodies to achieve this.” ////////////////// Orange Industry 4.0 Campus welcomes co-innovation of Port of Antwerp to maximise 5G potential O range Belgium is now welcoming its first wave of industrial partners to the Orange Industry 4.0 Campus for business. The Port of Antwerp, the chemical company, Borealis, and high-tech polymer manufacturer, Covestro, started to co-innovate to developing real-life applications, maximising the full potential of 5G at Orange Belgium’s testing hub. Deloitte Belgium will advise the community on shaping and realising the business potential of this 5G innovation hub. With Orange’s 5G testing network being deployed on the campus, industrial partners will benefit from dedicated connectivity and a guaranteed service quality appropriate for their specific use cases. Orange Belgium launched this 5G testing network in Antwerp in late 2019 and it is the country’s first 5G stand-alone architecture network. It is now available for use by Orange’s industrial partners, who will benefit from 5G’s full potential: dedicated 18 INTELLIGENTCIO and tailor-made connectivity adapted to the specific requirements of new innovations such as wireless manufacturing and real-time automation. As Orange Belgium is not just adding 5G capacities on top of the existing 4G/3G technologies, it is deploying a separate network enabling network slicing, very low latency and massive IoT in the port of Antwerp region, enabling the various industry stakeholders to enjoy unmatched performance, reliability and security. www.intelligentcio.com