Finastra

Icertis Bolsters Leadership Team for Future as Definitive Platform for Enterprise Contract Intelligence

Retrieved on: 
torsdag, maj 23, 2024

Icertis, the global leader in AI-powered contract intelligence, has appointed Anand Subbaraman as Chief Operating Officer and Jay Lee as Chief Marketing Officer.

Key Points: 
  • Icertis, the global leader in AI-powered contract intelligence, has appointed Anand Subbaraman as Chief Operating Officer and Jay Lee as Chief Marketing Officer.
  • Contracts serve as the single source of truth for business relationships, documenting the obligations and entitlements with customers and suppliers that underpin every enterprise.
  • The Icertis platform liberates contracts from digital filing cabinets, turning them into active assets to drive business execution.
  • “Icertis has the unique opportunity and responsibility to break through the GenAI hype by enlightening enterprise leaders to the real business value that can be achieved with AI and contract intelligence.

Doxim Launches Filogix Integration Enabling Direct Mortgage Broker Deal Access for Credit Unions

Retrieved on: 
tisdag, maj 7, 2024

MARKHAM, ON, May 7, 2024 /PRNewswire-PRWeb/ -- Doxim® (http://www.doxim.com), the leading customer communications management (CCM) and engagement technology provider serving highly regulated markets, today announced the official launch and availability of the Filogix broker channel integration that connects Doxim credit unions with the Filogix broker network, giving clients the ability to grow their business and bid on broker-led mortgages previously unavailable to them. This solution integrates the leading mortgage broker channel POS systems by Finastra, Filogix Expert with Doxim's Loan Origination System (LOS), which enables Doxim clients to seamlessly bid on and accept deals from new sources.

Key Points: 
  • This solution integrates the leading mortgage broker channel POS systems by Finastra, Filogix Expert with Doxim's Loan Origination System (LOS), which enables Doxim clients to seamlessly bid on and accept deals from new sources.
  • These credit unions will also gain access, through the LOS portal, to rich data about any new customers acquired, helping them identify additional service and cross-sell opportunities.
  • "We are excited about launching the Filogix integration and unlocking new mortgage lending opportunities for our credit union customers," said Shah Usama Javed, Vice President, Product, CEM.
  • Doxim LOS clients can now participate in these broker networks using the Doxim LOS platform integration with Filogix POS – accessing, reviewing lending opportunities, and making funding decisions.

Finastra selects OpenFin to unlock advanced user experiences, enhanced productivity and tailored workflows for Kondor customers

Retrieved on: 
onsdag, maj 1, 2024

LONDON, May 1, 2024 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, and OpenFin today announced a partnership to redefine the user experience of Finastra Kondor, a leading bank treasury management system. With OpenFin's technology, Finastra will strengthen Kondor's visual real estate with enhanced workspaces and workflows to drive greater efficiencies and streamline the decision-making process for banks. The partnership is part of a wider Kondor evolution, which includes leveraging microservices, embedded AI and partner ecosystems to deliver intuitive and persona-based experiences, available via Treasury as a Service (TaaS) and cloud capabilities.

Key Points: 
  • With OpenFin's technology, Finastra will strengthen Kondor's visual real estate with enhanced workspaces and workflows to drive greater efficiencies and streamline the decision-making process for banks.
  • Finastra Kondor, powered by OpenFin's Workspace "Anywhere" technology.
  • "Together, we are setting a new standard for what financial institutions can expect in terms of performance and user experience."
  • Finastra Kondor is a best-of-breed treasury trading system that meets financial institutions' needs for sophisticated treasury functionality, while enabling growth and ensuring compliance.

Finastra selects OpenFin to unlock advanced user experiences, enhanced productivity and tailored workflows for Kondor customers

Retrieved on: 
onsdag, maj 1, 2024

LONDON, May 1, 2024 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, and OpenFin today announced a partnership to redefine the user experience of Finastra Kondor, a leading bank treasury management system. With OpenFin's technology, Finastra will strengthen Kondor's visual real estate with enhanced workspaces and workflows to drive greater efficiencies and streamline the decision-making process for banks. The partnership is part of a wider Kondor evolution, which includes leveraging microservices, embedded AI and partner ecosystems to deliver intuitive and persona-based experiences, available via Treasury as a Service (TaaS) and cloud capabilities.

Key Points: 
  • With OpenFin's technology, Finastra will strengthen Kondor's visual real estate with enhanced workspaces and workflows to drive greater efficiencies and streamline the decision-making process for banks.
  • "Together, we are setting a new standard for what financial institutions can expect in terms of performance and user experience."
  • Finastra Kondor is a best-of-breed treasury trading system that meets financial institutions' needs for sophisticated treasury functionality, while enabling growth and ensuring compliance.
  • OpenFin is a leading provider of Chromium-based workspace technology to the financial industry, deployed to more than 3,800 banks and buy-side firms.

British Caribbean Bank selects Finastra to transform its core technology

Retrieved on: 
måndag, april 22, 2024

LAKE MARY, Fla., April 22, 2024 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, announces that British Caribbean Bank Limited (BCB), a Turks and Caicos-based financial institution offering international bank accounts and customized loan options, has selected Finastra Essence, deployed on Microsoft Azure cloud, to modernize its core and transform its back-office operations. The move enables increased readiness for regulatory changes and positions the bank for continued growth.   

Key Points: 
  • The move enables increased readiness for regulatory changes and positions the bank for continued growth.
  • "To transform our core and enhance our operations, we needed an innovative partner to provide the expertise and tech stack required to complete our modernization journey," said Marcus Samuel, Managing Director at British Caribbean Bank Limited.
  • By modernizing its core, the bank can now benefit from a simplified back-office, reducing costs and increasing productivity for its team.
  • Essence, a cloud-first, next-generation banking solution that combines sophisticated functionality and advanced technology to increase enterprise agility, is seeing increased presence in the Caribbean.

Finastra integrates AI ESG scoring into trade and supply chain finance offering with TradeSun

Retrieved on: 
tisdag, april 16, 2024

LONDON, April 16, 2024 /PRNewswire/ -- Finastra today announced that it has integrated AI-powered ESG (environmental, social and governance) scoring capabilities into its working capital solution, Trade Innovation. The integration, with CoriolisESG by TradeSun, enables users to book and manage trade and supply chain finance with the added benefit of automated insights into ESG scoring. This results in greater understanding of the sustainability of trade and helps organizations to better monitor and manage their impact.    

Key Points: 
  • The integration, with CoriolisESG by TradeSun, enables users to book and manage trade and supply chain finance with the added benefit of automated insights into ESG scoring.
  • This results in greater understanding of the sustainability of trade and helps organizations to better monitor and manage their impact.
  • Captured information provides insight into international business activity, risk assessment, regulation compliance, geopolitical risk, due diligence, and supply chain analysis.
  • This unique trade digitization product has ESG assessment built-in, offered in line with the ICC Principles for Sustainable Trade, Wave 2, Pilot Program.

Finastra integrates AI ESG scoring into trade and supply chain finance offering with TradeSun

Retrieved on: 
tisdag, april 16, 2024

LONDON, April 16, 2024 /PRNewswire/ -- Finastra today announced that it has integrated AI-powered ESG (environmental, social and governance) scoring capabilities into its working capital solution, Trade Innovation. The integration, with CoriolisESG by TradeSun, enables users to book and manage trade and supply chain finance with the added benefit of automated insights into ESG scoring. This results in greater understanding of the sustainability of trade and helps organizations to better monitor and manage their impact.    

Key Points: 
  • The integration, with CoriolisESG by TradeSun, enables users to book and manage trade and supply chain finance with the added benefit of automated insights into ESG scoring.
  • This results in greater understanding of the sustainability of trade and helps organizations to better monitor and manage their impact.
  • Captured information provides insight into international business activity, risk assessment, regulation compliance, geopolitical risk, due diligence, and supply chain analysis.
  • This unique trade digitization product has ESG assessment built-in, offered in line with the ICC Principles for Sustainable Trade, Wave 2, Pilot Program.

Epic River Integrates with Finastra LaserPro to Accelerate Loan Closing Process

Retrieved on: 
tisdag, mars 26, 2024

The partnership significantly streamlines the loan closing documentation process and supports consumer, commercial and real estate loan types.

Key Points: 
  • The partnership significantly streamlines the loan closing documentation process and supports consumer, commercial and real estate loan types.
  • Financial institutions leveraging Epic River’s platform to collect borrower information will now be able to automatically send data to LaserPro to generate loan documentation.
  • Additionally, the generated loan closing documentation is instantly available for e-signature through the Epic River platform.
  • From trusted online identity verification to loan application and closing, the comprehensive digital product suite securely manages every step of the loan process.

Stephanie Burke Named as VGXI's New Chief Accounting Officer

Retrieved on: 
onsdag, mars 27, 2024

Ms. Burke joined the company in 2015 bringing with her over a decade of accounting and leadership expertise and has since played an instrumental role in the company's financial operations.

Key Points: 
  • Ms. Burke joined the company in 2015 bringing with her over a decade of accounting and leadership expertise and has since played an instrumental role in the company's financial operations.
  • Ms. Burke has previously held leadership roles overseeing both the VGXI Accounting/Finance and Materials teams.
  • "I am honored to take on the position of Chief Accounting Officer," said Ms. Burke.
  • Her exceptional financial acumen coupled with her leadership skills make her the ideal candidate for the Chief Accounting Officer position.

Digital Transaction Management Market Share Analysis & 10 Year Growth Forecasts 2019-2029: A USD 37.51 Billion Projected Market by 2029, Growing at a CAGR of 24.5% during 2024-2029

Retrieved on: 
tisdag, mars 12, 2024

The Digital Transaction Management Market size is estimated at USD 12.52 billion in 2024, and is expected to reach USD 37.51 billion by 2029, growing at a CAGR of 24.54% during the forecast period 2024-2029.

Key Points: 
  • The Digital Transaction Management Market size is estimated at USD 12.52 billion in 2024, and is expected to reach USD 37.51 billion by 2029, growing at a CAGR of 24.54% during the forecast period 2024-2029.
  • For instance, Salesforce adopted digital transaction management, and the company's sales organization experienced a USD 20 savings per document and a 60% reduction in turnaround times.
  • The digital transaction management solutions built on blockchain technology use a decentralized network for transaction management to prevent malicious attacks.
  • The Global Digital Transaction Market is significantly competitive with many regional and global players such as DocuSign, OneSpan, Adobe, etc.