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Finastra secures SWIFT Compatible Application label for trade finance
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Finastra secures Swift Compatible Application label
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Finastra secures SWIFT Compatible Application label for Trade Finance
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The IT major on Wednesday announced a partnership with Finastra to help corporate banks across Asia Pacific accelerate their digital transformation.The companies will create a unique offering that combines Wipro s comprehensive services catalogue with Finastra s front-to-back trade finance and cash-management solutions.
A recent Finastra study showed that corporate banking clients have shifted their focus towards real-time execution capabilities, access to online platforms, and value-add services. In response, banks are moving away from the traditional relationship management model to become digital platform players that can meet client needs in a faster, flexible and more agile way. The partnership will help banks make this transition quickly through access to Wipro s service portfolio, from consulting and digital to infrastructure and operations and Finastra s leading solutions namely Fusion Trade Innovation and Fusion Cash Management.