Finastra announced that its FusionFabric.cloud open platform is open for business and four early adopters, all US-based fintech companies, have joined the infrastructure.
Natalie Gammon, Chief Cloud Officer at Finastra, commented:
Rachel Batish, CRO and Co-Founder of California-based Conversation.one said, “Accessing Finastra technology and APIs through the FusionFabric.cloud platform is extremely efficient. It brings additional value to our solutions and, importantly, to our clients”.
Tradle is a New York-based KYC solutions provider that uses blockchain. Gene Vayngrib, CEO & Co-founder at Tradle will leverage the cloud open platform to build out their offering further, making it available to the global financial services market via Finastra. “The ability to plug into Finastra’s technology and APIs is a win for us and, ultimately, a value-add for banks that will be able to purchase our KYC capabilities from the platform and quickly deploy at the bank”, Vayngrib said.
“The developer environment on the FusionFabric.cloud platform gives us easy to use, pre-integrated tools to help us build out apps in low-code. We’ll be able to develop quickly with a drag and drop interface and, in turn, help financial institutions extend their Fusion Invest capabilities and access innovation at a low cost.”