Banking is experiencing a major shift, driven by an explosion of new technology, market changes and by the unprecedented pandemic that is accelerating digital adoption.
Consumer expectations are moving fast, as bank customers demand a highly personalized experience. Meanwhile Banks are having to compete in a world of thin margins, fierce competition, and tougher regulations.
To survive and thrive, banks need to ensure their technology platforms are in tune with their business strategies. Existing banks need to have an extremely agile and flexible platform that enables them to fend off competition from challengers.
Finastra’s Fusion Essence responds to all these market challenges with a unique ecosystem approach, partnering with Microsoft Azure for cloud enablement and Power BI for data analytics, and fintechs for easy to plug and play apps that meet the changing needs of customers.
Through the use of an extensive suite of Open APIs, FusionFabric.cloud enables the quick extension of the bank’s ecosystem through easy to apply apps that translates in to new opportunities for revenue growth.