Finastra moves investment management solution to the cloud
18 January 2021 UK
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Finastra has moved its investment management solution Fusion Invest to the cloud to help asset managers digitally transform their operations and benefit from improved operational efficiency.
Implementing Fusion Invest will provide asset managers with tools to support their investment management requirements, without deploying hardware on-premise.
Finatra explains it also provides access to new products and services such as portfolio management and reporting, available through the FusionFabric.cloud open developer platform.
Younes Guemouri, senior vice president and general manager, has taken responsibility for Finastra’s investment management business unit to drive growth globally.
According to Guemouri, Fusion Invest in the cloud bypasses many of the shortfalls of on-premise software.
“Underpinned by Microsoft Azure, customers can onboard quickly and benefit from access to robust and secure investment management technology that works in real-time. There is no hardware to install or support, minimizing the total cost of ownership,” he says.
Guemouri adds: “We’re excited about the opportunity to support our customers on their technology transformation journeys to access new markets, differentiate their investment products for their clients, and support regulatory change, especially in an era of accelerated digitalisation.”
Cubillas ding, research director at Celent, comments: “As cloud computing accelerates, we are seeing stronger levers available for firms to create optimal sourcing strategies. Whilst operational strategies are not uniform, the right ones will enable asset managers and asset owners to put their best foot forward in capturing investment alpha. There are opportunities to employ technological advancements and 'as-a-service' propositions to drive multiple phases in the realisation of business value.”
In October 2020, Finastra and CloudMargin, a collateral management platform partnered to deliver an integrated collateral and margin management solution.
Implementing Fusion Invest will provide asset managers with tools to support their investment management requirements, without deploying hardware on-premise.
Finatra explains it also provides access to new products and services such as portfolio management and reporting, available through the FusionFabric.cloud open developer platform.
Younes Guemouri, senior vice president and general manager, has taken responsibility for Finastra’s investment management business unit to drive growth globally.
According to Guemouri, Fusion Invest in the cloud bypasses many of the shortfalls of on-premise software.
“Underpinned by Microsoft Azure, customers can onboard quickly and benefit from access to robust and secure investment management technology that works in real-time. There is no hardware to install or support, minimizing the total cost of ownership,” he says.
Guemouri adds: “We’re excited about the opportunity to support our customers on their technology transformation journeys to access new markets, differentiate their investment products for their clients, and support regulatory change, especially in an era of accelerated digitalisation.”
Cubillas ding, research director at Celent, comments: “As cloud computing accelerates, we are seeing stronger levers available for firms to create optimal sourcing strategies. Whilst operational strategies are not uniform, the right ones will enable asset managers and asset owners to put their best foot forward in capturing investment alpha. There are opportunities to employ technological advancements and 'as-a-service' propositions to drive multiple phases in the realisation of business value.”
In October 2020, Finastra and CloudMargin, a collateral management platform partnered to deliver an integrated collateral and margin management solution.
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