Welcome to the sponsor page of FINASTRA
Diamond Sponsor of the
40th BACEE Regional Banking Conference
Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Supported by the broadest and deepest portfolio of financial services software, Finastra delivers this vitally important technology to financial institutions of all sizes across the globe, including 90 of the world’s top100 banks. Our open architecture approach brings together a number of partners and innovators. Together we are leading the way in which applications are written, deployed and consumed in financial services to evolve with the changing needs of customers.
Learn more at finastra.com
Our Presentation at the Conference
Keynote address – Platformification: Accelerating Innovation for a
Ever since the financial crisis, open banking initiatives across the world have been evolving at pace, and now, with the advent of covid, innovating with agility and speed has become ever more paramount as the pandemic highlights the need for rapid digitalistion, enhanced risk management and predictive customer intelligence. This presentation explores how the industry is responding to these rapid changes and how platform-based innovation models can help ease the challenges facing banks today.
Head of Global Risk
Arnaud Picut heads up the risk management practice at Finastra. He has started off as a co-founder of risk management software in 2001 which was subsequently sold in 2006. He has been involved in risk management software ever since, predominately to develop international business for risk management and regulatory compliance. He has joined Misys in 2011, and been responsible for the entire chain of commercialisation of FusionRisk, from value proposition generation to building go-to-market strategies and building global ecosystems supporting it. More recently, Arnaud leads a risk innovation group developing advanced predictive and optimization models using AI/ML/OpenAPI and also Blockchain (The Trust Digital Machine)
Nitin Iyer is a senior principal and leads the global consulting practice for risk management at Finastra. He has been in financial risk management for over 17 years, during which has held various roles in product development, policy consulting, product management and solution consulting. He joined Finastra in 2004 and has been involved in the entire product go-to-market lifecycle including innovations in go-to-market with partnerships and ecosystem. Nitin also manages the risk innovation stream at Finastra, working with banks, fintech partners, universities and Finastra’s own innovation labs on optimization solutions using machine learning techniques. Nitin holds a Master’s degree in Finance from University of Mumbai, is a PRMIA qualified Professional Risk Manager (PRM™) and has completed the Chartered Financial Analyst (CFA®) program. If you have any feedback for Nitin or would like to contact him, you can reach him at Nitin.Iyer@Finastra.com
All change? Crossing the tracks to banking's magical new age
Really, what does platformification mean? Companies we use every day like Google, Amazon, Airbnb use platforms to create easy, fun, user experiences. It’s happening in banking, too. An open banking ecosystem brings to life data that allows you to enter into a world of previously unthought of possibilities.
Platformification means harnessing the power of collaborative innovation – to accelerate transformation for a digital age, to unlock efficiencies, or simply improve the customer experience through innovative technology. With access to deeper datasets and advanced analytics, open banking platforms really can breathe new life into your institution.
Ecosystem players bring new perspectives and therefore more diverse solutions. Evolving doesn’t require fairy dust. It’s simply another step in a long history of banking.
In our new read we look at the lessons from the first wave of the platform economy – and explore how open APIs can help banks and institutions young and old to ‘cross the tracks’ to a new age of banking.