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Products-Finastra Fusion

Finastra Fusion: Streamlining Open Banking Compliance with Salt Edge Solution

Navigating Open Banking Regulations

With the ever-evolving landscape of Open Banking regulations, financial institutions are faced with the challenge of meeting stringent compliance requirements. Finastra's Fusion, in collaboration with Salt Edge, offers a comprehensive solution to streamline the complex process of compliance.

Cost-Effective and Scalable Solution

Salt Edge’s Open Banking and PSD2 Compliance solution provides a cost-effective and technically scalable approach to compliance. This Software-as-a-Service (SaaS) solution covers all essential components required by regulators, including testing and live environments for TPPs, the TPP Developer Portal, consent management, and more. By leveraging Salt Edge's solution, financial institutions can save on development, maintenance, and support costs, while ensuring compliance with PSD2/OB requirements in just one month.

Proven Off-the-Shelf Solution

Salt Edge's OB Compliance solution boasts a proven track record of success, with over 100 API implementations for financial institutions globally. The solution includes TPP verification, communication channels, a developer portal, API versioning, and alignment with regulatory requirements, all managed by the vendor. Furthermore, Salt Edge's PSD2 solution has been audited by third parties, underscoring its reliability and security.

Building Blocks for Compliance

The Salt Edge solution offers essential building blocks for compliance, including functions like retrieving customer accounts, financial transactions posting, international payment initiation, and customer onboarding. These APIs seamlessly integrate with Finastra Core banking solutions, such as Fusion Essence and Equation, enabling clients to go live in a month. By providing pre-integration with Finastra's solutions, Salt Edge significantly accelerates the compliance process for financial institutions.

Revolutionizing Banking with Finastra Fusion - Customer Success Stories

Unlocking Digital Innovation with Essence Cloud-Based Core Banking Solution

Finastra's Essence cloud-based core banking solution has enabled ORO Bank to reimagine banking by unlocking digital innovation. With the Essence solution, ORO Bank has streamlined its operations, enhanced customer experience, and accelerated its digital transformation journey. This cloud-based core banking solution has provided ORO Bank with the agility and flexibility needed to stay competitive in the rapidly evolving banking landscape.

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Finastra Fusion: Revolutionizing Established Banks with Composable Banking Solutions

Innovation Without Compromise

Finastra Fusion is a cutting-edge platform that redefines the banking landscape for established institutions. It offers a comprehensive solution that allows banks to reimagine, reinvent, or renovate with expertise, experience, and advanced technology. With a focus on reducing time to market and providing deep banking functionality, Finastra Fusion enables banks to launch innovative products quickly. Its rich functionality fosters agility and drives differentiation, giving banks a competitive edge in the market.

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Empowering the Financial Industry with EGAR Global NoCode Solution

Revolutionizing Financial Services

EGAR Global's NoCode solution is revolutionizing the financial industry by offering a powerful platform that allows banks, investment funds, risk managers, and other financial service providers to streamline processes, reduce costs, accelerate time to market, and foster innovation. The platform comes preloaded with essential integrations and components specifically tailored to meet the demanding requirements of the financial sector.

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Finastra Fusion: Driving Sustainable Financial Empowerment through ESG Initiatives

Mission and ESG Framework

Finastra places a strong emphasis on Environment, Social & Governance (ESG) principles, aligning with our business mantra of 'doing well by doing good'. Our corporate purpose is centered around the sustainable financial empowerment of individuals globally. Since its inception, Finastra has integrated ESG into our culture, with a robust Corporate Social Responsibility (CSR) strategy launched in 2018. Our dedicated ESG team, including top leadership members, acknowledges the collective effort of all stakeholders in achieving our goals to enhance the well-being of our employees, customers, partners, society, and the environment.

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Revolutionizing Digital Banking Experience with Finastra Fusion

Meet the Changing Needs of Customers

Finastra Fusion Digital Banking Consumer is a revolutionary solution designed to create personalized digital experiences for banking customers. In today's fast-paced world, individuals demand streamlined digital experiences that are not only efficient but also highly relevant. By employing Finastra Fusion, a secure cloud-based platform with a mobile-first design, financial institutions can cater to these evolving needs effectively. This advanced solution allows banks to offer a wide array of relevant choices, putting users at the center of their banking universe and bidding goodbye to outdated legacy systems.

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