Finastra, a global provider of financial software applications and marketplaces, has partnered with OpenFin, a leader in Chromium-based workspace technology for the financial industry.
The partnership between Finastra and OpenFin is designed to revolutionize the user experience for users of Finastra Kondor, a top-tier bank treasury management system. By integrating OpenFin’s technology, Finastra aims to enhance the visual and operational capabilities of Kondor, driving efficiencies and improving decision-making processes in banking operations.
Finastra specializes in delivering high-quality financial software that helps financial institutions manage operations efficiently, catering to areas such as banking, payments, and risk management. Their product, Kondor, supports complex trading, risk management, and banking operations, establishing itself as a crucial tool for financial institutions globally.
OpenFin focuses on providing flexible workspace technology that can adapt to the diverse needs of the financial industry. Their solutions are critical for banks seeking to improve productivity and workflow management through more intuitive and customizable user interfaces.
Through the deal, Kondor users will have access to the solution either in web browsers, including Google Chrome and Microsoft Edge, or as a desktop app.
Finastra’s Chief Product & Technology Officer, Herve Carrere said, “Enriching Kondor with OpenFin’s software reflects our ongoing commitment to placing our customers at the center of the solution experience.
“Through robust technology and TaaS, we’re giving banks the tools to fast-track their transformation, future-proof their business to evolve with new demands and optimize their entire treasury operations – from full back-office processing through to real-time coverage of credit, market and liquidity risk in the front office. The seamless workspace experience also ensures that users can easily access these tools in the way that works best for them.”
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