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Finastra (formerly D+H)
 

Finastra Adds US Fintechs to its Open Platform to Spur Collaborative Innovation in Financial Services

May 22, 2018 – Finastra today welcomed four early adopters to its FusionFabric.cloud open platform. US-based Fintechs, including Tradle, Conversation.one, Active Allocator and GreenPoint Financial, are on board to design and create apps on Finastra’s platform.

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Finastra Hires Capital Markets and Lending Luminary in the Americas

May 21, 2018 – Finastra today announced that Jim Fiesel has joined the firm as Managing Director of Capital Markets and Lending Sales for the Americas. Based in New York City, Jim will drive sales momentum for these business lines across the United States, Canada and Latin America.

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Finastra Welcomes New CRO to Lead World-Class Risk Management Strategies

May 14, 2018 – Finastra today announced the appointment of Elona Ruka-Wright as its new Chief Risk Officer. Elona will be responsible for the company’s broad risk management portfolio around the world, driving its continued focus on supporting world-class risk management strategies.

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Horicon Bank Delivers Modern Digital Banking Platform, Drives Engagement with Retail, Business Customers

May 3, 2018 – Horicon Bank, in collaboration with global Fintech company Finastra, and Malauzai, and led by an innovative banker, CIO Mark Nelson, has successfully digitally transformed the bank, recently developing and deploying a full digital banking platform for both its retail and business customers.

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Finastra Joins Finance Innovation hub – Driving Fintech Collaboration in France

May 2, 2018 – Finastra today 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.

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Citizens Bank Taps Finastra and Infosys for Trade Finance Solution

April 26, 2018 – Citizens Bank, working with Infosys as its implementation partner, has selected Finastra to power the trade finance solution it offers to its corporate clients.

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Finastra’s Fusion LenderComm is Now Live, based on Blockchain Architecture

April 24, 2018 – Finastra today announced that its award-winning1 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.

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Mechanics Cooperative Bank Chooses Finastra for Core Banking System

April 18, 2018 – Mechanics Cooperative Bank has selected the Fusion Phoenix core banking system from Finastra, as well as a full suite of ancillary offerings, to provide its new technology foundation.

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Finastra Brings Mortgage Solutions to the Cloud with Microsoft Azure

April 16, 2018 – Finastra is bringing its mortgage lending solutions to the cloud via Microsoft Azure. As part of the strategic alliance between the two companies to use Microsoft’s enterprise-ready, trusted cloud platform as a base for a selection of Finastra’s payments and retail banking technology, Finastra’s Fusion MortgagebotLOS product is now available via the Azure cloud.

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Finastra Appoints New CTO to Lead Next Wave of Financial Services Innovation

March 28, 2018 – Finastra today announced that Eli Rosner has joined the firm as Chief Product and Technology Officer. Eli is responsible for global product and technology strategy and will support Finastra to deliver world class products, fully integrated solutions and its open FusionFabric.cloud platform for innovation.

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Peoples Trust Company Selects Finastra to Fulfill End-to-End Lending Vision

March 26, 2018 – Peoples Trust Company of Saint Albans has selected Finastra to provide a single, end-to-end lending solution for commercial and consumer lending.

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APAC Fintechs Embrace Open Innovation with Finastra

March 21, 2018 – Finastra welcomed several APAC Fintech early adopters to its FusionFabric.cloud open architecture ecosystem today at its regional flagship thought leadership event, Finastra Universe, in Singapore. Underpinned by Microsoft Azure, Microsoft’s enterprise-ready trusted cloud platform, FusionFabric.cloud enables third parties to develop and deploy innovative apps.

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Finastra Powers Vietcombank’s Digital Transformation

March 14, 2018 – The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has selected Finastra to drive its digital transformation initiatives. Finastra technology will streamline and automate Vietcombank’s operational processes and improve overall customer experience to enhance loyalty, increase domestic market share and capture growth opportunities in a new era of digital banking.

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Finastra and Microsoft Form Strategic Alliance to Shape Future of Financial Services Software

March 7, 2018 – Finastra and Microsoft have formed a strategic alliance 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.

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Absa Goes Live with Finastra PAYplus for CLS

February 14, 2018 – 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 market.

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Finastra Acquires Olfa Soft SA

January 30, 2018 – Finastra has acquired Olfa Soft SA and its cutting edge 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.

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Finastra Sees Accelerating FusionFabric.cloud Adoption

January 23, 2018 – At its regional flagship thought leadership event, Finastra Universe Paris, Finastra today welcomed new companies to the FusionFabric.cloud open architecture.

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Finastra Establishes Future of Banking Center of Excellence in Hong Kong

January 16, 2018 – Finastra, a Vista Equity Partners portfolio company, today announced the establishment of its Future of Banking Center of Excellence at Cyberport in Hong Kong. This strategic move is part of the worldwide program at Finastra to continue to build its innovation ecosystem and collaborate with strategic partners around the globe.

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Finastra Expands Global Capital Markets Team to Drive Growth

January 8, 2018 – Finastra today announced the appointment of Pedro Porfirio to lead global field and customer engagement with capital markets customers and prospects. Based in London, Pedro will drive the growth of the company’s entire capital markets business line spanning treasury, capital markets, and investment management.

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PNC Live on New Real-Time Payments Network using Finastra

December 5, 2017 - PNC, a top-10 US bank by assets, is live on RTP®, The Clearing House’s new US real-time payments system, using Finastra’s payment services hub, Fusion Payments. The bank, an early adopter of RTP, now gives its clients the ability to receive real-time payments transactions.

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Finastra Provides Connectivity to European Instant Payments Infrastructure

December 1, 2017 – Finastra has successfully completed connectivity testing with SIA, the European leader in payment infrastructure and services, to provide connectivity to the European instant payments infrastructure systems via SIAnet.

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Transformation in Capital Markets Demands Evolutionary Approach, find Celent and Finastra

November 14, 2017 – New research from Celent (commissioned by Finastra) which examines the future transformation of capital markets, identifies six key drivers of change over the next five years to 2022:

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Finastra Solutions Named Best-in-Class

November 10, 2017 – Aite Group has awarded Finastra “Best-in-Class” status for its commercial loan origination solutions, including Total Lending powered by LaserPro and FusionBanking Credit Management Enterprise (CME).

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Bank of Commerce and Development Signs Finastra for Digital Transformation

November 8, 2017 – Bank of Commerce and Development (BCD) has signed Finastra to support its digital transformation and bring new banking services to consumers and businesses in Libya.

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KAMCO Selects Finastra to Support Rapid Growth Strategy

November 7, 2017 – KAMCO Investment Company, a GCC-based investment company, has selected Fusion Invest from Finastra to help fuel its ambitions for rapid growth. The solution will support KAMCO as it scales the business, expanding its asset class coverage and the range of investment solutions it offers customers, as well as attracting new investors.

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