Next-Generation Banking Solution for Building Societies
Finastra Fusion offers a cutting-edge banking solution tailored specifically for Building Societies and Mutuals, aiming to revolutionize their operations and customer experiences. With a focus on transforming societies, fueling growth, and exceeding member expectations, this innovative platform provides a wholly digital experience that combines the latest technology trends. The platform is built on a componentized structure comprising microservices, a wide array of OPEN & REST APIs, advanced analytics, and incorporates artificial intelligence and machine learning capabilities. Finastra Fusion's deep functionality and cloud-native design enable Building Societies to boost revenues, expand their member base, and drive business performance.
Flexible Operating Model and UK Compliance
One of the key advantages of Finastra Fusion is its flexible operating model, allowing Building Societies to dynamically scale up or down based on demand. The platform ensures an optimal Total Cost of Ownership (TCO) by providing continuous updates and maintenance, along with AppOps, Disaster Recovery (DR), and High Availability (HA) support round the clock. Moreover, Finastra Fusion is compliant with UK regulations, operating on the secure Microsoft Azure Cloud with twinned data centers in the UK. The platform also offers seamless integration with leading loan origination solutions and includes Fairmort's WILF for UK regulatory reporting, ensuring a secure and compliant environment for Building Societies.
Innovative Banking Capabilities and Customer-Centric Approach
Finastra Fusion empowers Building Societies to deliver innovative banking services that cater to evolving customer expectations. By leveraging rich, broad, and deep functionality alongside advanced technology, the platform enables Building Societies to stay ahead of the competition and provide sophisticated banking experiences. With a focus on user experience and hyper-personalization, Building Societies can treat their members as individuals, enhancing customer satisfaction and loyalty. Finastra Fusion's open and agile design fosters long-term agility, while its data-driven approach helps Building Societies make informed decisions to exceed member expectations.
Transforming Building Societies with Core Banking Solutions
Finastra Essence, as a next-generation core banking platform, coupled with advanced digital capabilities, offers Building Societies a comprehensive solution to reimagine their operations and customer interactions. By providing end-to-end digital banking functionalities, Finastra Essence enables Building Societies to streamline processes, enhance efficiencies, and drive growth. Through the integration of analytics tools like Finastra Analytics, Building Societies can gain valuable insights into their performance and opportunities for optimization. This holistic approach to core banking solutions empowers Building Societies to adapt to changing market dynamics, deliver superior customer experiences, and achieve sustainable growth.