FinTech Magazine October 2020 | Page 29

“ [ ON DIGITAL TRANSFORMATION ] IT FEELS LIKE THE FAST FORWARD BUTTON HAS BEEN PRESSED ”

— Eli Rosner , Chief Product and Technology Officer , Finastra
in developing innovative tech-based solutions using its Fusion software architecture and cloud ecosystem . Currently serving approximately 8,600 customers around the globe , including 90 % of the world ’ s top 100 banks , the company ’ s mission remains to unlock greater value from financial services for its clients .
Speaking to us from his home office , Rosner is emphatic that the effect of COVID-19 has been to put digital transformation into overdrive .
“ It feels like the fast forward button has been pressed ,” he says . “ I think it was burgeoning even before COVID- 19 hit us , but the pandemic has just taken it to a whole new level ; it ’ s forced everybody to think differently about their business .”
Despite being a fundamentally tech-savvy company , he states that the accelerating pace at which digital transformation moves means there is no ‘ equilibrium ’ as such for Finastra to reach , only an increasingly better standard it strives to meet .
“ Our product roadmap features that were supposed to go out a year from now are getting developed much faster . In a matter of just two or three weeks , Finastra went to market with a set of products to improve liquidity for businesses and consumers looking for a PPP programme ( paycheque protection program ).”
29 fintechmagazine . com