Tag: Finastra

June 12, 2018 BY Valentina Kirilova

Finastra’s European instant payment solution available on Microsoft Azure

Finastra has just announced the commercial availability of its European instant payments solution on Microsoft Azure, Microsoft’s enterprise-ready, trusted cloud platform. The solution enables financial institutions and third-party providers to process SEPA SCT Inst payments in the cloud, via EBA CLEARING’s pan-European instant payments service, RT1. Vinay Prabhakar, Head of Market Strategy, Payments at Finastra,…

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May 03, 2018 BY Valentina Kirilova

Finastra joins Finance Innovation hub

Finastra announced that it has joined Finance Innovation – a community focused on supporting innovation across all areas of financial services in France. The innovation hub brings banks, insurance companies and other financial institutions together with Fintech firms, industry bodies and academics to collaborate and drive innovation across the industry. Hugh Cumming, CTO, Platforms at…

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April 26, 2018 BY Valentina Kirilova

Fusion LenderComm launches as R3’s Corda platform app

Finastra has announced that its blockchain-based solution, Fusion LenderComm, is now commercially available, as an app on R3’s Corda platform, for financial institutions operating in the syndicated lending market. The solution is proven to streamline information exchange between agent banks and lenders, driving transparency and efficiency in the syndicated loan market. The successful completion of…

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Microsoft Azure to shape future of financial services software
March 07, 2018 BY Valentina Kirilova

Microsoft Azure to shape future of financial services software

Microsoft Corporation (NASDAQ:MSFT) has announced that it has formed a strategic alliance with Finastra to deliver secure, flexible and cost effective financial services cloud solutions. As part of the alliance, Microsoft Azure, Microsoft’s enterprise-ready trusted cloud platform, will underpin FusionFabric.cloud as Finastra’s strategic cloud platform. Finastra will also launch a selection of its global payments…

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February 14, 2018 BY Valentina Kirilova

ABSA goes live with Finastra PayPlus for CLS

Direct membership of CLS Settlement brings increased efficiency and liquidity as well as reduced settlement risk across the bank’s FX operations Finastra today announced that Absa Bank Limited is using its PAYplus for CLS platform to support the bank’s direct participation in CLS settlement, which provides continuous linked settlement services for the global foreign exchange…

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January 30, 2018 BY Valentina Kirilova

Finastra buys Geneva-based Bank eFX trading platform provider Olfa Soft

Fintech company Finastra just announced that it has acquired Olfa Soft SA and its FX e-trading platform for banks and financial institutions. The move enables Finastra to deliver a unique end-to-end real-time eFX trading solution for banks’ treasury departments, covering distribution, position-keeping, post-trade and payments. Finastra was formed by the merger last year of rival…

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