Software Group and Finastra Join Forces to Provide Seamless Omnichannel Experience to The Financial Services Industry
April 10, 2019, Dubai - Software Group, a global technology company that helps financial service providers successfully go through the process of digital transformation, announces its partnership with Finastra, one of the largest global players in the financial services technology space. The companies are partnering to provide seamless omnichannel experiences to customers around the world.
The joint offering is targeted at financial institutions and FinTech companies which aim to expand their outreach and increase efficiency by leveraging the appropriate technology. This will allow the institutions to put customers at the center increasing their access to financial services, improving convenience and satisfaction.
“Finastra is one of the leading global players in the financial services technology space with over 10,000 employees and 8,500 customers worldwide. We believe that leveraging their strong position combined with the expertise and know-how of Software Group is a perfect fit to respond to customer expectations in the ever-evolving financial industry,” commented Kalin Radev, CEO of Software Group. He added that the partnership will allow both companies to serve clients more efficiently, regardless of their size and location.
Wissam Khoury, Managing Director, Middle East and Africa at Finastra said, “Bank customers’ needs are evolving at a striking pace. Banks must offer innovative experiences to retain them, particularly at a time where competition in the financial industry is becoming fierce. By partnering with Software Group, our customers will have access to wider functionalities such as eWallets and agency banking, which can be implemented at speed. At Finastra, we believe that innovation comes from collaboration, and we’re delighted to be working alongside Software Group to help our customers along their transformation journey.”
Seamless Middle East, one of the most dynamic summits and large scale exhibitions in the MENA region, is the first joint public initiative of the partners, where they will co-exhibit at booth H8. Throughout the event, experts from both Finastra and Software Group will be present to address any queries related to the digitalization of the financial industry and to demonstrate the wide range of solutions they offer.
About Software Group
Software Group is a global technology company focused on developing and offering software solutions that help financial service providers digitize and successfully go through the process of digital transformation. Founded in 2009 and headquartered in Sofia, Bulgaria, it currently serves a worldwide client base in more than 70 countries from 9 regional offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines and the USA. Its main operations include the development of innovative software products that facilitate the access to financial services and increase the efficiency of financial institutions. Some of Software Group’s customers are organizations such as Bill & Melinda Gates Foundation, MasterCard & MasterCard Foundation, International Finance Corporation (IFC), World Bank, Asia Development Bank, 7 of the 10 biggest microfinancing networks in the world, Allianz Bank Bulgaria, Atlantic Bank, Bank South Pacific, Asia Confederation of Credit Unions (ACCU) and others. Visit us at: www.softwaregroup.com
Finastra unlocks the potential of people and businesses in finance, creating a platform for open innovation. Formed in 2017 by the combination of Misys and D+H, we provide the broadest portfolio of financial services software in the world today—spanning retail banking, transaction banking, lending, and treasury and capital markets. Our solutions enable customers to deploy mission critical technology on premises or in the cloud. Our scale and geographical reach means that we can serve customers effectively, regardless of their size or geographic location—from global financial institutions, to community banks and credit unions. Through our open, secure and reliable solutions, customers are empowered to accelerate growth, optimize cost, mitigate risk and continually evolve to meet the changing needs of their customers. 90 of the world’s top 100 banks use Finastra technology.