The Silicon Review - Best Business Review Magazine 50 Most Trustworthy Companies 2019 | Page 116

Ushering transformative growth through ease of banking: Finastra T he banking industry is one of the integral parts of the economy of a nation. While technology and digitization have made banking easier and more accessible to the common man, this industry has seen little in the way of disruptive innovation. In an era of increasing choice and regulation, all customers – corporate, institutional and retail – are demanding greater value from financial services. They expect more agility, innovation, integration, and security than ever before. Attempting to change that is a Fintech company called Finastra. Formed in 2017 by the combination of Misys and D+H, Finastra builds and deploys innovative, next- generation technology on its open Fusion software architecture and cloud ecosystem. The company’s scale and geographical reach mean that it can serve customers effectively, regardless of their size or location—from global financial institutions to community banks and credit unions. The team at 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 116 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. leveraging emerging technologies while complying with tougher regulations – and constantly innovating. Here are some of Finastra’s solutions for banking & finance: Core Retail Systems Finastra delivers flexible, componentized software that allows clients to gradually upgrade existing systems through open interfaces. The company believes in long- lasting relationships, always putting its customers and their customers first and acting as a trusted advisor for transformation. Retail Banking Retail banking is changing at unprecedented speed. Success depends on satisfying the demands of the digital-savvy consumers and “Enabling you to transform with agility in a hyper- connected world.” It’s a tough to-do list. Finastra’s retail banking software solutions are designed to help you to complete it. The company’s portfolio is the broadest, deepest suite of integrated solutions for retail banks, commercial banks, universal banks, community banks, and credit unions. Finastra’s innovative solutions cover the following verticals: The banking core is the single most important technology investment a financial institution makes. Finastra’s award-winning core banking solutions have the breadth of functionality to handle the most sophisticated banking requirements. They include the latest innovations to maximize operational efficiency, reduce cost-to-income ratios, and ensure compliance and speed up time to market. Integrated with advanced analytics, Finastra’s solutions generate the insight needed to develop timely and relevant