Finastra partners with Options to put Fusion Invest up in the clouds

Rick Steves

The solution provides access to integrated portfolio and risk management, advanced analytics, cross-asset coverage, and front-to-back processing capabilities, as well as a flexible operating model around a real-time investment book of record.

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Finastra has announced the availability of Fusion Invest in the cloud, powered by Options, a provider of cloud-enabled managed services to the global capital markets.

Options, which boasts a multi-cloud offering, has been working closely with Finastra to host the Fusion Invest product, which has been available on the cloud since the start of the year.

Fusion Invest enables Finastra customers to access its innovative investment management solution without deploying hardware on-premises.

Portfolio and investment managers can leverage it to perform better in a market that is becoming ever more complex and highly regulated.

The solution provides access to integrated portfolio and risk management, based on advanced analytics for faster and better investment decisions, cross-asset coverage, and front-to-back processing capabilities designed to increase efficiency, as well as a flexible operating model around a real-time investment book of record.

Options’ SVP, Managing Director, EMEA, Samuel Farmer said, “We are delighted to be working with Finastra to offer Fusion Invest within our hybrid cloud environment. As a trusted Azure partner and long-time collaborator with Finastra, we are excited by this development which will enhance the breadth of our joint offering to clients. This advancement has formed a scalable model between the Options and Azure cloud environments, allowing cross-platform compatibility with a market-leading security wrapper.”

Options and Finastra have been industry partners for over five years.

Younes Guemouri, Senior Vice President and General Manager, Fusion Invest at Finastra, added, “Cloud-based Fusion Invest eliminates challenges around cost, scalability and infrastructure support. In collaborating with Options, a company we have been working with in a private cloud environment for many years, we enable our customers to benefit from Options’ infrastructure expertise as well as fast onboarding and access to robust and secure, real-time investment management technology.”

Earlier this year, NICE Actimize partnered with Finastra in order to deliver its Xceed cloud-native financial crime platform to Finastra’s customer base, via its FusionFabric.cloud open innovation platform.

The AI-powered platform provides AML and fraud solutions, offering financial crime and compliance with real-time behavioral analytics and machine learning capabilities.

“We look forward to adding NICE Actimize’s advanced cloud-native integrated financial crime platform to our FusionFabric.cloud ecosystem”, Vincent Pugliese, SVP and General Manager, Platform at Finastra, said at the time.

“Together, we are leading the way in which applications are written, deployed, and consumed in financial services to evolve with the changing needs of our clients – who face mounting pressure to deliver increased innovation, agility, and ROI. We are excited about our partnership and believe that through the combination of our cloud-based technologies we will help our clients to deliver upon these objectives.”

Craig Costigan, CEO, NICE Actimize, added. “We are pleased to partner with Finastra, creating a unique combination of proven expertise with best-in-class innovation leveraging both Artificial Intelligence and the cloud, while further presenting a major opportunity to support financial services organizations of all sizes, particularly targeting the needs of mid-markets FSOs.”

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