{"id":37914,"date":"2022-11-09T13:59:28","date_gmt":"2022-11-09T10:59:28","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=37914"},"modified":"2026-03-28T02:11:22","modified_gmt":"2026-03-27T23:11:22","slug":"finastra-and-modefin-partner-to-provide-best-in-class-fintech-solutions-for-banks-in-africa-and-selected-indian-subcontinent-markets","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/finastra-and-modefin-partner-to-provide-best-in-class-fintech-solutions-for-banks-in-africa-and-selected-indian-subcontinent-markets\/","title":{"rendered":"<a>Finastra and Modefin partner to provide best-in-class fintech solutions for banks in Africa and selected Indian subcontinent markets<\/a>"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\">Partnership will help banks accelerate growth with market-leading trade and supply chain finance, core banking and digital delivery solutions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>London, UK \u2013 November 9, 2022 \u2013\u00a0<\/strong><a href=\"http:\/\/www.finastra.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Finastra<\/a>,\u00a0a global provider of financial software applications and marketplaces, and\u00a0<a href=\"https:\/\/modefin.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Modefin<\/a>,\u00a0a global fintech solution provider helping banks to thrive in the digital age, today announced their partnership to offer Finastra\u2019s Fusion Trade Innovation and Fusion Essence solutions to banks in Africa and several Indian subcontinent markets. With Finastra\u2019s solutions, Modefin will help its customers embrace open finance today and future-proof their banking and global trade operations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are excited to partner with Finastra and bring its proven solutions to our current and future customers,\u201d said Amit Darda, Co-Founder and Director at Modefin. \u201cWe have a longstanding relationship, having partnered previously to bring our own solution to market via its\u00a0<a href=\"https:\/\/store.fusionfabric.cloud\/\" target=\"_blank\" rel=\"noreferrer noopener\">FusionFabric.cloud<\/a>\u00a0platform. It\u2019s a pleasure to continue strengthening our relationship, and I look forward to bringing together Finastra\u2019s solutions and expertise with our knowledge of the regional market and strong customer base.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Finastra supports banks as they continue to adapt to changing market requirements and customer expectations \u2013 while futureproofing for tomorrow. Fusion Essence, the cloud-enabled next-generation core banking solution, combines sophisticated functionality and advanced technology to increase enterprise agility and operational efficiency, while using AI to unlock data for smarter business decisions. The SaaS offering covers every stage of the user journey, enabling financial institutions to deliver end-to-end experiences for differentiation.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fusion Trade Innovation is Finastra\u2019s end-to-end solution with industry-leading capabilities for frictionless trade and supply chain finance. It uses straight-through processing, digitalization, and data analytics to enable intelligent trade for growth, with the ability to evolve with evolving compliance, customer and competitive demands.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAt Finastra, we believe that finance is already open,\u201d said Wissam Khoury, EVP, Partner Ecosystem and Treasury &amp; Capital Markets at Finastra. \u201cOur open ecosystem and best-of-breed solutions enable banks to leverage advanced technology and value-added services for ongoing innovation and growth. Our partners play an integral role in helping us to deliver this. With its strong team, track record, on-the-ground presence and shared passion for open finance, we are pleased to partner with Modefin to help propel banks forward in the region.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To find out more about Fusion Essence, click\u00a0<a href=\"https:\/\/www.finastra.com\/solutions\/fusion-essence\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To find out more about Fusion Trade Innovation, click\u00a0<a href=\"https:\/\/www.finastra.com\/solutions\/fusion-trade-innovation\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Partnership will help banks accelerate growth with market-leading trade and supply chain finance, core banking and digital delivery solutions London, UK \u2013 November 9, 2022 \u2013\u00a0Finastra,\u00a0a global provider of financial software applications and marketplaces, and\u00a0Modefin,\u00a0a global fintech solution provider helping banks to thrive in the digital age, today announced their partnership to offer Finastra\u2019s Fusion [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":22285,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-37914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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