Finastra delivers next-generation payments technology on Microsoft Azure

Microsoft selected as trusted cloud platform to provide secure, reliable access to Finastra payments solutions

London, UK, and Toronto, Canada, 12 October 2017Finastra is bringing its next-generation payments solutions to the cloud via Microsoft Azure, Microsoft’s enterprise-ready trusted cloud platform. The move enables Finastra to deploy value-added services to clients more efficiently. Banks will benefit from streamlined onboarding, as well as faster access to new products and upgrades.

This alliance is an extension of Finastra’s cloud-based lending oversight solution that was previously launched on Azure in the US and Canadian markets in 2016. Since then, Finastra has broadened its relationship with Microsoft and is migrating its payments capabilities to Azure.

“This collaboration allows us to change how we deliver software to our customers and partners in a fundamental way,” said Nadeem Syed, CEO, Finastra. “It will enable us to bring new products to market faster and more frequently, with stability and with the highest levels of data security for which Microsoft is known. It also allows us to take a significant step forward in the creation of a platform for innovation and collaboration in financial services.” 

To view the full press release, please visit Finastra.com