Vista Equity Partners (Vista) acquired sought after U.K. banking software firm Misys in June 2012. Misys then combined with Turaz, formerly the trade and risk management business Vista had acquired from Thomson Reuters earlier in 2012. Turaz and Misys formed one company, officially operating under the name “Misys.” Following Vista’s acquisition of Canada-based D+H in June 2017, Misys, with its global reach, and D+H, which covered North America, merged to become “Finastra,” one of the largest financial technology firms worldwide.
Since its founding, Finastra has been committed to enhancing its ability to deliver market-leading products and services, in addition to its role as a strategic partner to its customers. Using the strengths of both companies, Finastra expected to build momentum, delivering innovative and transformational products and exceptional service no matter their size and wherever they were located.
In 2017, Finastra was the third largest diversified global financial software provider across 130 countries, including 48 of the top 50 banks globally. Today, Finastra’s innovative, next-generation technology solutions have scaled to serve 90 of the top 100 banks globally.
“One of the things I most enjoy at Finastra is leading a team that is 100% committed to finding new and innovative ways for people and businesses to easily access the financial resources and technology they need to be successful,” Finastra CEO Simon Paris said in a June 2020 statement.
With Vista's investment, Finastra continues to bring unmatched expertise with a vast array of pre-integrated solutions, which encompass retail and transaction banking and lending, as well as treasury and capital markets. Its innovative solutions enable customers to deploy mission critical technology on premises or in the cloud, enabling even small businesses to streamline and expedite loan documentation with banks and governments in an ever-changing environment.
And Finastra continues its momentum to strive to unlock potential in the people and businesses connected to it by actuating the operating strategy of 'Protect, Extend and Innovate.'
About Vista Equity Partners
Vista Equity Partners is a leading global investment firm working exclusively with the most innovative enterprise software, data and technology-enabled companies today. Vista was founded in 2000 by Robert F. Smith, and the firm has offices in Austin, San Francisco, Oakland, Chicago and New York City. Named to Inc.’s Private Equity 50 list which honors the most founder-friendly private equity firms, Vista stays true to its guiding principles of Excellence, Evolution and Empowerment.
Vista works with their portfolio companies to accelerate growth, expand into new markets and envision new products and solutions. The firm’s approach creates a community that celebrates the achievements and technological advancements on Vista's LinkedIn profile.
Vista’s world-class management teams and long-term approach to strategic goal setting allows it to contribute professional expertise and multi-level support as companies realize their full potential. Vista’s investment approach uses its long-term capital base as the bedrock for innovators to achieve and create opportunity.