Finastra establishes Future of Banking Center of Excellence in Hong Kong

Cyberport-based center to showcase digital banking technologies and provide an innovation sandbox for the changing financial services landscape

ID: 1531438
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(businesspress24) - Hong Kong, 16 January 2018 egic partners around the globe. Robert F. Smith, Founder, Chairman and CEO of Vista Equity Partners, joined the team in Hong Kong for the announcement.

Imad Abou Haidar, Managing Director, Asia Pacific at Finastra said,

Hong Kong, being one of the major international financial centers in Asia, serves as the hub for the provision of financial services to global investors. Amidst technology-driven disruption and innovation in the financial services industry, banks are turning to technology solutions for end-to-end digital transformation to remain competitive. The Center of Excellence will facilitate this evolution, helping banks to overcome today

Finastra is also pleased to announce that global management consulting firm McKinsey & Company (McKinsey) will be the official Knowledge Partner to The Future of Banking Center of Excellence. In this capacity, McKinsey will provide its latest research and insights on business trends impacting the banking industry. Chris Ip, Senior Partner, McKinsey, said, of Excellence will help the Fintech industry community in Hong Kong and Asia to immerse themselves in our latest thinking and experience first-hand what is possible with today''s new banking technologies.

Cyberport in Hong Kong is an ideal location as it brings together the growing Fintech investor, start-up and business community. It opens opportunities for Finastra to continue to collaborate with its customers, Fintechs, industry practitioners, and regulators to facilitate the adoption of technologies and solutions that will accelerate digitalization in banking. It is also a strong hub for Asia and the Belt and Road region.

Dr. Lee George Lam, Chairman, Hong Kong Cyberport Management Company Limited, said, t we work with for hackathons, talent development and innovation adoption, the Center of Excellence will further reinforce our strategic role as Asia''s leading Fintech Hub and raise market awareness of the importance of Fintech in transforming Hong Kong''s economy.

The Future of Banking Center of Excellence is expected to open in Q1 2018. It will support Finastra and its customers and prospects in the APAC region as it continues to drive the next wave of innovation in the financial services industry, alongside partners and other Fintechs.

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finastra, hong-kong, future-of-banking-center-of-excellence, cyberport, banking,

Company information / Profile:

Finastra unlocks the potential of people and businesses in finance, creating a platform for open innovation. Formed in 2017 by the combination of Misys and D+H, we provide the broadest portfolio of financial services software in the world today—spanning retail banking, transaction banking, lending, and treasury and capital markets. Our solutions enable customers to deploy mission critical technology on premises or in the cloud. Our scale and geographical reach means that we can serve customers effectively, regardless of their size or geographic location—from global financial institutions, to community banks and credit unions. Through our open, secure and reliable solutions, customers are empowered to accelerate growth, optimize cost, mitigate risk and continually evolve to meet the changing needs of their customers. 48 of the world’s top 50 banks use Finastra technology.

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PressContact / Agency:

Caroline Duff
Senior PR Manager, Global, Finastra
T: +44 (0)20 3320 5892
E: caroline.duff(at)

Catherine Lam
Senior PR Manager, APAC, Finastra
T: +65 6416 4032
E: catherine.lam(at)

published by: RealWire
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Date: 01/16/2018 - 06:36
Language: English
News-ID 1531438
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