Finastra scoops FStech Award for Fusion LenderComm


Syndicated lending platform named Blockchain Project of the Year

London, UK, and Toronto, Canada, 23 March 2018 – Finastra has been awarded ‘Blockchain Project of the Year’ in the 2018 FStech Awards. The accolade recognizes Fusion LenderComm, Finastra’s Distributed Ledger Technology (DLT) platform that provides real-time frictionless exchange of deal information between agents and lenders to drive transparency, scalability and operational efficiency in the syndicated loan market.

Developed and piloted in conjunction with seven leading global banks, Fusion LenderComm is underpinned by Corda, R3’s DLT-based platform. It exposes real-time credit agreements, accrual balances, position information and detailed transaction data to lenders, directly from agent bank loan servicing platforms, such as Finastra’s Fusion Loan IQ.

“Our vision is to streamline processes and reduce costs in the syndicated lending community by creating a transparent, highly-secure, super-fast platform for exchanging information and ultimately transacting deals based on DLT,” said Robin Crewe, CTO, Lending & Transaction Banking at Finastra. “The level of interest in the Fusion LenderComm pilot has been significant and we are well on our way to critical mass as we move towards launch. We are extremely proud to be recognized for our innovative approach to improving efficiency in the syndicated lending market. We are committed to working closely with partners, like R3, to exceed our customers’ expectations and deliver technology solutions that make a real difference to the way they do business.”

The platform reduces the cost and burden of agent-to-lender administration and enables lenders to see accurate information on-demand so they can optimize syndicated loan portfolios. Agent banks benefit from greater operational efficiency through fewer phone calls, faxes and emails from lenders looking for deal information. Existing Loan IQ clients – who cover 43% of the global syndicated loan volumes – can have Fusion LenderComm up and running in a matter of days.

Mark Evans, Editorial Director at FStech said, “The awards are in their 18th year and continue to attract entries from hundreds of leading banks and solution providers in the financial services industry. This year was extremely competitive and we congratulate all the winners on their achievements.”

The FStech Awards recognize excellence and innovation in the field of information technology within the UK and EMEA financial services sector. Winning entries come from financial services institutions and technology suppliers who are leading the way in areas such as mobile, online, customer service, compliance, systems integration, IT partnerships, data management and distributed ledgers.

The full list of 2018 winners can be found here: http://www.fstech.co.uk/awards/winners18.php

For further media information please contact:
CAROLINE DUFF
Global Head of PR, Finastra
T: +44 (0)20 3320 5892
E: caroline.duff@finastra.com
www.finastra.com


About Finastra
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. 48 of the world’s top 50 banks use Finastra technology.

Please visit www.finastra.com.

Corporate headquarters
4 Kingdom Street
Paddington
London W2 6BD
United Kingdom
T +44 20 3320 5000

Have any Question or Comment?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

::::::::::::::::::::::::::::::::::3451:::::::::::::::::::::::::::::::::;;

::::::::::::::::::::::::::::::::::6733:::::::::::::::::::::::::::::::::;;

:::::::::::::::::::::::::::::925:::::::::::::::::::::::::::::::

TRIO STEEL IS ONE OF THE MOST TRUSTED BRAND AND LEADING EXPORTER AND SUPPLIER OF CARBON STEEL, ALLOY STEEL & STAINLESS STEEL PIPES & PIPE FITTINGS MATERIAL. Triosteel is one of the leading Suppliers and Exporters of API 5L Pipe in Singapore. Triosteel also Exports to many countries like Indonesia, Iran, Saudi Arabia & many more. An API 5L pipe is manufactured by adhering to the specifications laid down by the International Organization for Standardization (ISO) 3183.

::::::::::::::3453:::::::::::::

2780

buy! buy! CHEAP! Telefonie VoIP CHEAP! buy! buy! CHEAP!

2781

buy! buy! CHEAP! Telefonie VoIP CHEAP! buy! buy! CHEAP!

——————————————–

For the 2012 MLB period, we found an totals forecast Joao’s Renowned Over/Under João Zorro Gonçalves, Zcode Totals Pro, System of the time with progressions that have been successful over 98 98% ... We eventually perfected our over/under program ( Zcodesystemexclusive ), although it h-AS has brought years of investigation. Five Steps to Making a Winning MLB Method: 1. Execute appropriate cash management tools. 2. MLB rules that are comprehend. 3.Extensive testing back to make sure successful longterm results ...

——————————————–

There is always a challenge when you're dealing with the Foreign Exchange Market. That's just the nature of the beast. The best thing you can do is to learn about how the market operates as a whole so that you will be ready to meet these challenges. iq option penipu Never be misled by any profit gains in binary options. This is the number-one way traders end up losing their money and ultimately failing. Remember that the same things that make you laugh can make you cry in this market, and you can lose that $700.

——————————————–

Learning Polish has never been this fun and easy as with our podcasts Learn Polish with Polishpod101 Start today and become conversational in Polish in no time

——————————————–

The Best Website Agen Poker Resmi www.sakupoker.com Terpercaya come join

——————————————–

Do you need edmonton phone systems service ? Call complete communications today!

——————————————–

High-tech solutions for easy start-up of your IPTV/OTT-business

——————————————–

——————————————–

If you want to purchase not only one item, you have a chance to enjoy privileges. There is a sale’ tab on the site which offers a fantastic range of reduced counterfeit watches and accessories, such as sunglasses, cufflinks, watch straps and pens. Luxury Jewelry Replica At MCA.MN On Sale You get a 5% discount if you buy two pieces, this discount increases to 10% if you buy 4 pieces or more. There is free international shipping on all orders on this site. We also offer customers a free return anytime with a 100% money back guarantee.

——————————————–

:::::::::::::::::3452:::::::::::::::::::