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Celent Names Finastra a Leader in Corporate Digital Banking

Celent, a research and advisory firm focused on technology for financial institutions globally, has named financial services software and cloud solutions provider Finastra as a leader in corporate digital banking platforms in its reports.

The reports, titled ‘Corporate Digital Banking Platforms: North America Edition’ as well as ‘Corporate Digital Banking Platforms: EMEA/APAC/LATAM Edition’, are aimed at banks looking to enhance their corporate digital banking offering and highlight Finastra’s capabilities in this market.

According to the report, Finastra has excelled in the ‘Breadth of Functionality’ and ‘Customer Base and Support’ categories.

Its Fusion Corporate Channels solution delivers portal technology to unify trade, supply chain finance, cash, lending, and treasury services for corporate clients.

Patricia Hines

Patricia Hines, Head of Corporate Banking, Celent, said,

“Finastra is the only provider in this analysis that supports nearly every functionality attribute in the Celent taxonomy and the majority of digital channels, demonstrating notable breadth of functionality.

Finastra also stood out in new deals over the past two years, number of clients on the latest software version, customer references, breadth of training types, and annual client conference.”

Veena Rao

Veena Rao, Vice President, Fusion Corporate Channels, at Finastra said,

“We are thrilled that a much respected industry analyst house has recognised the success and potential of our corporate digital banking solution.

Moreover, connectivity with our FusionFabric.cloud development platform drives open innovation and co-creation of value-added solutions.”

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