Finastra and NTT Data forge cloud collaboration
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This collaboration will support Finastra's Lending Cloud Service, strengthening the delivery of managed services for financial institutions across the MAAP (Middle East, Africa, Asia Pacific) and LATAM (Latin America) regions.
Financial institutions across the region are set to benefit from faster deployments, smarter automation, and a more agile lending experience. NTT DATA will now lead application lifecycle management for Finastra's Lending Cloud Service, driving scalability, standardization, and operational efficiency across the platform.
'This is a natural evolution of our relationship with NTT DATA, a partner that deeply understands our technology landscape and shares our vision for delivering world-class, cloud-based lending services,' said Andrew Bateman, EVP for Lending at Finastra. 'By partnering with a company familiar with our architecture and operating models, we can accelerate client onboarding and provide a resilient, high-performing service.'
David Gold, Vice President for Cloud Services and IT Modernization at NTT DATA, added, 'We are proud to extend our partnership with Finastra as part of a broader strategic vision. Our experience in large-scale financial environments positions us well to help Finastra deliver highly automated, reliable cloud services to banks across these regions. This partnership brings together innovation and operational excellence to transform the banking experience.'
The jointly developed solution includes integrated tools to measure, report on, and fulfill service-level commitments. For NTT DATA, the partnership also represents a strategic opportunity to expand its product portfolio, with a joint go-to-market strategy already underway to scale the solution and broaden its impact across the financial services industry.
This move holds particular significance for APAC markets, where the pace of cloud transformation in financial services is accelerating. According to Finastra's recent Financial Services State of the Nation survey, over a quarter (27%) of financial institutions globally have improved or deployed cloud solutions in the past year. In APAC, countries such as Vietnam (56%), Hong Kong (46%), and Singapore (44%) are leading the way in modernizing their operations. These markets have recognized that enhancing cloud capabilities and adopting API-led technologies are not just strategic advantages, but essential to remaining competitive.
As Finastra and NTT DATA deepen their collaboration, they are poised to reshape lending infrastructure across APAC and LATAM - delivering modern, compliant, and scalable solutions that meet the demands of today's fast-moving financial markets. This expanded partnership not only reinforces Finastra's leadership in managed services but also underscores its client-first approach and bold vision to bring cloud-native innovation to institutions worldwide with unmatched speed and agility.
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