Fintech

Finastra Reveals its Next Generation Data Platform for Rapid Financial Services Innovation

Finastra today announced the availability of its next-generation data offering, Fusion Data Cloud. The suite of solutions is designed to help financial institutions improve customer engagement, grow revenue, digitize processes for efficiency, and manage risk. Fintechs using Fusion Data Cloud gain a unique opportunity to train and deliver their solutions with sample financial institution data. One such fintech tapping into the data sharing capabilities is Vector Risk. The Vector Risk Service uses data from Fusion Opics, and is designed to help financial institutions meet the requirements of the Fundamental Review of the Trading Book (FRTB) regulation. It uses HPC (high performance computing) for extreme computational performance to analyze data, carrying out portfolio analysis and valuation in minutes rather than hours.

Spotlight

Spotlight

Related News