Finastra enters a definitive agreement to sell Canadian-based Collateral Management Corporation business to Teranet, a Toronto-based pioneer in electronic registration services.

Move will help to accelerate the adoption of instant payments in Europe

New platform components accelerate innovation for 9,000 banks and give Fintechs access to a global marketplace

- Move demonstrates Finastra’s commitment to US retail banking market
- Enables community financial institutions to innovate, embrace digital transformation and compete

Paris will oversee company’s continued growth and innovation

Early adopters set to develop financial apps on FusionFabric.cloud include Tradle, Conversation.one, Active Allocator and GreenPoint Financial

Jim Fiesel joins Finastra from Calypso to drive sales momentum in the region