LEADERSHIP

34 services companies to be more innovative by fostering collaboration through an ecosystem of partners . “ With the platform approach , we are looking to connect fintechs , developers and more to our 9,000 + customers with our platform . No one is doing that in the market across the broad sectors we cover . We have a bold ambition to be the number one open platform for innovation in the world of financial services ,” she adds .

The kind of collaboration Finastra enables will be vital in an open banking environment . “ We clearly see in the future an ecosystem where we are enabling financial institutions to serve their customers in a more open and collaborative way using open APIs ,” comments Gupta . “ We are also seeing that the adoption of third-party software is growing rapidly . This is where Finastra steps in to help banks unlock their potential and navigate through the challenges of regulation , digitalisation , and the open banking frameworks that have been put in place across various markets globally .”

The landscape of open banking , which will involve collaboration and data sharing between fintechs , banks ,

— Smita Gupta , Senior Director , Regional Marketing , APAC , Finastra

FEBRUARY 2019