The industry has grown up and long since outgrown its infancy. There are so many companies that shape the industry, but not all of them are equally well known. Who are actually the companies that form the glue between finance and digital technologies? In our series “The companies of the FinTech industry” we give companies or startups from the payment and banking industry the opportunity to introduce themselves.
Finastra
Finastra enables the financial services world to shape the future of banking. Applications that power financial institutions, marketplaces that accelerate the industry and an open innovation platform for banks, fintechs and non-banks to connect and collaborate.
Facts and figures about Finastra
- sales channel: B2B
- Type of company: GmbH
- Target group: Corporate customers
- Country of destination: Germany
- Status of financing: Other
- Further financing planned?: still unclear
- Size: 9000 +
- Foundation: 2017
- Managing Director: Kevin Lomax
- Name of the product: FusionFabric.cloud
Finastra is changing the way modern banking software is developed and distributed.
The Business Model & Product
Finastra is changing the way modern banking software is developed and distributed. With FusionFabric.cloud, our Platform-as-a-Services (PaaS) solution, we champion collaboration and foster innovation by opening up our core systems so that third parties can develop applications on top of them. Finastra has evolved from packaged software to microservices, open APIs and continuous delivery, enabled by platformification via open interfaces, standards and architectures. FusionFabric.cloud unleashes innovation by fostering open collaboration within an ecosystem of development partners. A major innovation for financial services, it opens up Finastra’s core systems to all players in the financial services ecosystem – banks, fintechs, systems integrators, independent developers, consultants, students – via the FusionFabric platform, enabling the development of an unprecedented range of services. Companies can quickly and cost-effectively deploy innovative applications and transform their own operations and development centers. FusionFabric.cloud will help transform the financial services industry in the same way that mobile app stores have transformed our daily lives.
Contact
Hedderichstrasse 36
Frankfurt am Main 60594
Germany
Contact:in: [email protected]