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MFEC partners with Finastra to expand to digital banking and digital lending

MFEC has announced a collaboration with Finastra, a leading provider of financial software applications and marketplaces, to offer Finastra’s leading core banking solution, Fusion Essence, in the Thai market. MFEC will also leverage Essence’s open architecture, which enables easy integration of software solutions from an ecosystem of providers via open APIs, to offer digital banking and digital lending solutions specifically tailor for the needs of the Thai market.

Finastra is a major financial software provider with over 9,000 customers in 130 countries worldwide. Fusion Essence is a core banking system with fully digital end-to-end capabilities for all key banking services. With a rich catalogue of open APIs and integration with Finastra’s app marketplace and developer platform, FusionFabric.cloud, it is possible to integrate tools from hundreds of developers. The comprehensive SaaS offering removes the burden from IT teams by including upgrades, security, 24×7 infrastructure monitoring, incident management and disaster recovery services.

The collaboration between MFEC and Finastra aims to focus on non-bank markets to develop operations through collaboration and application of technology from both companies to meet market expansion and enhance digital experience for customers and users, especially in creating a lending ecosystem that responds to the current market needs.

MFEC is ready to help customers achieve their goals with financial technology from Finastra and other leading technologies from MFEC which help increase the efficiency of the solution.

Learn more about Finastra at https://www.finastra.com/

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