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Finastra (formerly D+H)
 

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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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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