Finastra’s market-leading treasury solution now offered as a fully managed service in the cloud
Be Shaping the Future (DE)04.07.2019
Fusion Treasury (previously known as Fusion Kondor) in the cloud, delivered by regional partner BE GmbH, will help treasurers make better decisions, faster.
Frankfurt, Germany, 1st July 2019. BE has launched Finastra’s Fusion Treasury, its market-leading treasury solution, as a fully managed service in the cloud. Deployed on Azure, Microsoft’s enterprise-ready trusted cloud platform, Fusion Treasury will help financial institutions reduce time to market, increase profitability and risk management whilst keeping in line with changing markets and regulatory demands. The solution, previously known as Fusion Kondor, will be offered to financial institutions and corporates in the DACH region. It is provided and managed by regional partner BE GmbH, a consulting firm specialized in capital markets, IT infrastructure and systems integration for the financial sector in Europe.
Pedro Porfirio, Head of Capital Markets at Finastra, said, “Fusion Kondor has been a key product for treasurers in financial services for many years. But with changing environments, it’s time for us to offer our customers this market-leading product in the cloud, allowing them to embrace the benefits it offers such as increased efficiency, speed and flexibility, whilst lowering costs. Being in the cloud will also give our customers access to further innovation through our open platform FusionFabric.cloud. Partnerships are a fundamental part of helping our clients along their transformation journey. BE GmbH’s long-standing experience in the region means that they will be able to provide our customers with close support for the delivery and operations for a smooth transition to the cloud.”
Fusion Treasury is a single, integrated, front-to-back solution, built to cover all aspects of a bank’s operations in treasury, capital markets, derivatives, and risk and compliance. The solution enables financial institutions to integrate and automate systems and streamline treasury operations. By moving to a cloud technology, customers will be able to reduce time-to-market and scale more effectively. Fusion Treasury in the cloud can be implemented within one week and users can quickly take advantage of the pricing functions, compliance and reporting modules.
Rüdiger Borsutzki, CEO at BE GmbH said, “We have been working with banks in the DACH region for years and we know that Finastra’s treasury solution will offer a great alternative for financial institutions that do not want to increase their IT footprint but want to take a step up on their operations. Our team of experts have over 20 years’ experience and will offer technical support, technical upgrade services and premium functional support to Finastra customers. Financial institutions can now focus on what really matters – their customers – relieving them of IT burdens.”
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