Finastra’s open development platform unlocks innovation in financial services
Finastra is changing the way modern banking software is built and distributed. With our open development platform, FusionFabric.cloud, we are championing innovation through collaboration by opening up our core systems in Retail Banking, Payments, Lending, Corporate Banking and Treasury & Capital Markets through open APIs so third parties can develop applications on top.
Finastra has evolved from packaged software to micro-services, open APIS and continuous delivery, made possible with our development platform via open interfaces, standards and architecture.
FusionFabric.cloud unlocks innovation by fostering open collaboration within an ecosystem of development partners. A major innovation for financial services, it opens up Finastra’s core systems via the FusionFabric platform to all players in the financial services ecosystem – banks, fintechs, system integrators, independent developers, consultants, students – enabling the development of a previously unachievable range of services.
Firms can deliver innovative applications quickly and at low cost, transforming their own operations and development centers. FusionFabric.cloud will help transform the financial services industry in the same way that mobile app stores have transformed our everyday lives.
FusionFabric.cloud is made up of 3 core components:
- Fusion Creator: Our Developer Portal which hosts our API Catalog and provides access to Finastra’s open APIs, complete with developer documentation and sandbox access
- Fusion Operate: Our secure production environment, hosted on Microsoft Azure, to connect your apps to Finastra software running in Financial Institution environments across the world
- Fusion Store: Our marketplace from which applications developed with FusionFabric.cloud can be promoted, bought, sold and consumed
With FusionFabric.cloud, Finastra champions open collaboration, driving the future of banking with an open platform approach.
The first truly global open development cloud platform for banks, Fintechs and the entire financial ecosystem. A marketplace of unlimited business opportunities where open APIs meet Finastra’s trusted technology. Accessible through the Microsoft Azure cloud platform for innovation at scale and speed. A playground for developers to build game-changing financial apps, deploying them in days not months.
This is TURBO-CHARGED INNOVATION
Watch Finastra CMO, Martin Haering, explain how the model for banking innovation is changing, and how FusionFabric.cloud can help build the future of financial services through open collaboration.
Meet Kate, owner of KateActive, a global chain of gyms. Kate banks with AstraBank who utilizes Finastra’s FusionFabric.cloud platform. Watch Kate’s story as she evolves from small business owner to large global enterprise, and find out what is possible with FusionFabric.cloud.
This infographic examines what is holding back innovation at financial institutions and how they can unlock innovation constraints with platformification. It references stats and information from the recent Celent research on platform.
This paper from Celent explores the innovation efforts the banking community has in place, what are the barriers that must be overcome, and how Platformification will spark the next wave of financial services innovation.