Tech Mahindra, a global technology consulting and digital solutions provider, has announced a strategic partnership with financial software provider. Finastra Accelerating digital transformation in corporate banking.
The partnership makes Tech Mahindra the exclusive global implementation partner for Finastra’s cash management platform and a preferred partner for trade innovation and enterprise channel solutions in the US, Canada and Europe.
The partnership will provide corporate banking clients with integrated digital advisory, systems integration, infrastructure and cloud services.
The initiative is aimed at helping corporate and institutional banks modernize their operations, improve customer satisfaction and address challenges such as regulatory complexity, rising operational costs and the need for digitalisation.
The partnership aims to leverage Finastra’s solutions and Tech Mahindra’s expertise in implementing, digitising and operating banking products to speed up adoption and upgrades.
Tech Mahindra has been supporting banks through core transaction processing, automation and digital transformation for over 23 years, delivering over 500 programs across 300+ banks across the globe.
Mohit Joshi, CEO and Managing Director, Tech Mahindra said:
“This partnership brings together two global leaders in digital transformation and financial services applications to help corporate banks scale faster.
I am confident that our joint efforts will redefine how banks digitize and improve profitability.”
Simon Paris, CEO of Finastra, said:
“Tech Mahindra’s broad services portfolio and deep experience are a valuable complement to our modern, open software.
We look forward to this integration helping to drive the digital transformation of even more banks and financial institutions around the world.”
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