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Technology news

Finastra joins Finance Innovation hub


02 May 2018 Paris
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
Finastra has joined Finance Innovation to support innovation across financial services in France.

As part of its membership, Finastra expects to participate in a series of industry events and collaboration opportunities throughout this year, working together with customers and financial technology partners.

Events include working groups to discuss industry developments in areas such as asset management and banking. Finastra will also contribute to the Finance Innovation think tank, in the production of industry white papers and articles.

Established in 2007 by Christine Lagarde (then Minister for Finance), Finance Innovation develops projects and research in banking, insurance, asset management, real estate and the digital economy.

Hugh Cumming, CTO of platforms at Finastra, said: “Joining the Finance Innovation hub brings Finastra a range of opportunities to further increase collaboration with fintech firms, banks and other financial institutions across France and to continue to grow local participation in our open innovation platform, FusionFabric.cloud.”

He added: “Our membership of Finance Innovation gives us the opportunity to work closely with Fintechs in the region, supporting the development of innovative new apps on our platform and making these more easily available to banks and financial institutions not just in France, but potentially globally too.”
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