Finastra connects to Contour, offering an enhanced digital trade finance network The integration brings together banks and corporates globally through a common digital network ecosystem, increasing access to trade finance while enabling seamless and secure transactions.London, UK – October 10, 2022 – Today at Sibos 2022 in Amsterdam, Finastra announced a strategic collaboration to integrate its Fusion Trade Innovation software with Contour, the global digital trade finance network, providing banks and corporates with a streamlined end-to-end back-office workflow. Users may access their ..read more

The Prometeia Banking & Insurance Day, organized in Istanbul on 5 October in cooperation with the Risk Managers Association and CFA Society Istanbul, provided an excellent opportunity for debate. Nearly 400 participants followed the sequence of speeches on the current complex economic and financial scenario in Türkiye and beyond. Nine speakers took the main stage, addressing the challenges banks and insurers face today from different perspectives: skyrocketing energy costs, rampant inflation, the risks of increasingly destructive climate change, and the question marks imposed by the techno ..read more

Finastra solution expands functionality of Kotak’s new unified corporate portal to support multiple corporate banking segments Singapore and Mumbai – October 7, 2022 – Finastra has today announced that it has partnered with Kotak Mahindra Bank to support its new integrated corporate banking portal, Kotak FYN, using Finastra’s Unified Corporate Portal solution. Kotak Bank and Finastra have been working together since October 2021 to expand the Kotak FYN portal for business and corporate customers. The bank’s customers can use the new enterprise portal to carry out all trade services. By the las ..read more

  Helen Cook joins Finastra as Chief People Officer London, UK – October 6, 2022 – Finastra today announced the appointment of Helen Cook as Chief People Officer. In her role she takes global responsibility for the people organization and advancing the company’s aspiration to be the most inclusive and diverse employer in the Fintech industry. She is particularly passionate about building a curious and well-tooled workforce, supporting employees to develop skills that keep them relevant, engaged and growing. Helen joins from Natwest Group, where she was a member of the executive team an ..read more

GFT has reached a new milestone in its partnership with Thought Machine. With 100 experts certified on Vault Fundamentals, GFT is the company with the largest pool of certified talents. Vault, Thought Machine’s next generation, cloud native, core banking engine is a part of the solution for banks looking to transform. Vault critically sits within a best of breed architecture, that our specialists design and integrate. With three Core Banking Centres of Excellence and over 300 specialists with knowledge of Thought Machine, GFT are uniquely positioned to help you succeed in your core banking ..read more

Intix is proud to launch xCOMPLY to help financial institutions deal with compliance operations more efficiently. Regulatory requirements are becoming more and more complex, and financial institutions know that access to transaction data has become a must. However, the evolution of the regulatory landscape means that transparency on the business context of transactions has become vital. xCOMPLY achieves this by helping financial institutions to know their transaction (KYT) in a holistic and deep way. By combining transaction data with additional data sets, xCOMPLY will deliver contextual insig ..read more

We are delighted to announce that GFT has been nominated five times at this years’ Banking Tech Awards!​ ​The Banking Tech Awards are presented by FinTech Futures to recognise excellence and innovation in the use of IT in financial services and we are finalists in five separate categories. GFT qualified in the following categories:​ ​ – Best Use of IT in Private Banking/Wealth Management – VP Bank in partnership with GFT​ – Best Mobile Initiative – New Bank/Brand – Mox with GFT & Thought Machine ​ – FinTech of the Future – VP Bank in partnership with GFT​ – Best FinTech Partnership – Mox ..read more

85% of professionals at financial institutions agree: open finance is already making the financial services industry more collaborative and is having a positive impact London, UK – October 3, 2022 – Finastra today revealed a sneak peek at its annual State of the Nation Financial Services research. Results point to the significant progress the industry has made around open finance and collaboration, despite the challenging market conditions of the last few years. The research takes in views from 758 professionals at financial institutions and banks across France, Germany, Hong Kong, Singapore ..read more

SIX, the Swiss leading financial data vendor, joins forces with Prometeia, a global provider of advanced analytics, software solutions and consulting services, to offer a risk indicator that aims at complementing existing regulatory risk ratings for all asset classes. Prometeia and SIX have entered into a long-term collaboration that involves Prometeia providing SIX the calculation capabilities for a product risk indicator (PRI) for securities that do not fall into the scope of PRIIPs (Packaged Retail and Insurance-based Investment Products) regulation. The PRI is a summary risk indicator t ..read more

GFT helps French mutual insurer Macif migrate their largest business line to Guidewire InsuranceSuite on the cloud. Over 180,000 quotations, 70,000 contracts, and 300 claims submitted in the first three weeks. French mutual insurer Macif is now using Europe’s leading core insurance platform on the cloud. Macif has deployed Guidewire InsuranceSuite for their largest business line, Mobility, on Guidewire Cloud. The successful project, which was managed by global digital transformation leader GFT, sets new standards in the industry and brings substantial savings and competitive advantages for Mac ..read more