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Finastra (formerly D+H)
 

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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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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