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Finastra (formerly D+H)
 

MünchenerHyp Partners with Finastra to Meet Regulatory Reporting Requirements

November 8, 2018Finastra today announced that Münchener Hypothekenbank eG (MünchenerHyp) is using Finastra’s Regulatory Reporting solution to meet the post-trade transaction and transparency reporting requirements of MiFID II and the associated Markets in Financial Instruments Regulation (MiFIR).

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Research Reveals Three Tech Strategies that will Benefit Small and Midsized Financial Institutions

November 7, 2018 - A new piece of research, sponsored by Finastra and executed by Mercator Advisory Group, shows that small and midsized financial institutions can derive significant benefits to operational efficiency by pursuing three distinct cost-saving strategies: vendor consolidation, cloud delivery, and artificial intelligence.

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Finastra Launches Open Banking Readiness Index in Asia Pacific - the New Framework for Banks to Stay Ahead

October 30, 2018 – Finastra today launched its Open Banking Readiness Index, providing for the first time a framework for banks in the Asia-Pacific region to assess their capabilities and benchmark readiness against peers in the race towards Open Banking.

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Société Générale Goes Live with Finastra’s Fusion Risk Solutions

October 29, 2018 - Société Générale, one of the leading financial services groups in Europe, has deployed Finastra’s Fusion Risk Asset and Liability Management (ALM) and Fund Transfer Pricing (FTP) solutions.

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Finastra Offers Immediate Payments Capabilities in the Cloud for Small and Mid-Sized Banks

October 22, 2018 - Today at Sibos and Money 2020, Finastra revealed its instant payments offering in the cloud for small and mid-sized banks. The Fusion Global PAYplus packaged solution will enable tier three and four financial institutions in the EU and US to access the benefits that the cloud delivers, without the cost and on-premise infrastructure requirements that may previously have been a barrier to entry.

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Finastra Collaborates with Collenda to Provide Loan Application and Management in Germany

October 18, 2018 - Finastra today announced its collaboration with Collenda (formerly ABIT Group), a German software and consulting firm specialising in credit, debtor and debt management. Finastra’s Fusion Essence in the cloud solution will be seamlessly integrated with Collenda’s loan application and management software.

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Finastra Strengthens Global Management Team with New General Manager for Payments

October 16, 2018 - Finastra today announced that Sagive Greenspan has joined the company as SVP, General Manager of Payments. With 20 years’ experience in managing highly complex programs for organizations in the telecom industry, Sagive has held a variety of senior roles in business development and client engagement.

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Finastra Appoints New General Manager to Expand Firm's Leadership Position in Corporate Banking Space

October 2, 2018 - Finastra today announced that Torsten Pull has joined the company as General Manager for Corporate Banking. Torsten brings over 19 years’ experience in global transaction banking, having held a range of senior leadership positions at Deutsche Bank.

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Finastra Strengthens its Position in Saudi Arabia with New Office

September 26, 2018 - Finastra announced today its plans to further invest in the Middle East with a new office in Riyadh, Saudi Arabia. The move will help the company support technological and financial innovation in line with Vision 2030, the Kingdom’s transformation plan.

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Finastra Brings Core and Digital Retail Banking in the Cloud to the UK

September 25, 2018 - Finastra has launched Fusion Essence in the cloud, a fully integrated core and digital solution, localized for the UK Market.

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The United Bank of Egypt Drives Digital Transformation with Finastra

September 5, 2018 – The United Bank of Egypt (The United Bank) has modernized its core banking infrastructure across its retail, corporate and treasury business using Finastra technology. The bank has upgraded to the latest version of Fusion Equation, integrating it with a new deployment of Fusion Teller to drive efficient in-branch retail operations.

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Finastra Joins Bahrain FinTech Bay to Accelerate Bank and Fintech Collaboration in the Middle East

August 30, 2018Finastra today announced that it has joined Bahrain FinTech Bay. With one of the most diverse and dynamic networks across the Middle East and Africa, the Fintech hub brings together key financial services players, from financial institutions, banks and investors to Fintechs, developers, industry bodies and academics, to drive innovation and create new opportunities for growth.

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Unity Bank Streamlines Lending Processes with Finastra

August 22, 2018 - Unity Bank, whose holding company is based in Augusta Wisconsin, and which has branches in Minnesota, has selected Finastra’s Total Lending solution to streamline its commercial lending and consumer lending processes, including its agricultural lending business.

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National Bank of Egypt Upgrades UK Treasury and Risk Management Operations with Finastra

August 13, 2018 – Finastra, today announced that National Bank of Egypt (UK) Limited is deploying Fusion Treasury and Fusion Risk. The treasury and risk solutions will be tightly integrated with the bank’s existing Fusion Equation core banking system – helping the bank to deliver a more comprehensive and superior service.

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Finastra Announces Closing of Teranet Transaction

August 3, 2018 – Finastra has closed the transaction for the sale of its Canadian-based Collateral Management Corporation (CMS) business to Teranet, a Toronto-based pioneer in electronic registration services.

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Finastra Appoints New CIO to Lead Global Information Services and Support Future Growth

July 23, 2018 – Finastra today announced that Gareth Burton has joined the company as Chief Information Officer (CIO) with responsibility for leading Finastra’s Global Information Services team. He will oversee the company’s enterprise core infrastructure and employee services, as well as supporting all business and financial applications.

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Somerset Trust Establishes National Fintech Day

July 11, 2018 – Somerset Trust Company, an independent community bank with more than $1 billion in assets, today announced it is establishing the inaugural “National Fintech Day,” on Aug. 20, 2018.

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Finastra Brings IFRS 9 Regtech Solution to Indonesia

June 28, 2018 – Finastra, today announced that it is bringing IFRS 9 compliance capabilities to Indonesia through a local Government accredited data center, helping regional and medium-sized banks take the necessary action now to comply with the new financial reporting standards due in January 2020.

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Harmonic Fund Services Live with Finastra for Loan Servicing

June 27, 2018 – Harmonic Fund Services has gone live with Finastra’s Fusion Loan IQ solution. The independent fund administration and alternative asset fund servicing firm will leverage the platform — traditionally used by banks and increasingly by service providers, to service their bilateral, specialised and syndicated loan portfolios — to provide a new loan administration and agency service to its diverse alternative investment funds client base.

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Finastra to Sell Canadian-based Collateral Management Corporation Business to Teranet

June 25, 2018 – Finastra today announced that it has entered a definitive agreement to sell its Canadian-based Collateral Management Corporation (CMS) business to Teranet. The transaction is expected to close in July 2018, subject to required regulatory approvals and customary closing conditions.

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Finastra Acquires Malauzai

June 18, 2018 – Finastra has acquired Malauzai, a provider of mobile and Internet banking solutions for community financial institutions. The deal reflects Finastra’s commitment to the US retail and business banking sectors by further enabling digital transformation for community banks and credit unions across the country.

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Finastra’s European Instant Payment Solution Available on Microsoft Azure

June 12, 2018 – EBAday in Munich today, Finastra announced the commercial availability of its European instant payments solution on Microsoft Azure, Microsoft’s enterprise-ready, trusted cloud platform.

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Finastra Integrates Optimal Blue Live Pricing into Fusion MortgagebotPOS

June 11, 2018 – Finastra has integrated Optimal Blue into its Fusion MortgagebotPOS solution, enabling banks and credit unions to provide mortgage applicants with Optimal Blue’s live pricing searches, via any point-of-sale channel.

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Finastra’s FusionFabric.cloud Platform Changes the Way Software is Developed, Deployed and Consumed in the Financial World

June 5, 2018 – Today, at Money 20/20 Europe, in Amsterdam, Netherlands, Finastra announced the availability of the three core components within its FusionFabric.cloud platform for open innovation. Combined, the components accelerate innovation for 9,000 banks and financial institutions and give Fintechs access to a global marketplace:

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Finastra Names Simon Paris as Chief Executive Officer

June 4, 2018 – Finastra today announced the appointment of Simon Paris as Chief Executive Officer. Paris, who currently serves as Finastra’s Deputy CEO, will take over as CEO from Nadeem Syed as a part of a planned succession process.

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