Hexaware Partners with the UK-based finova

Hexaware, a leading global provider of IT services and solutions, today announced a strategic, long-term partnership with finova, the UK’s leading cloud-based mortgage and savings software provider.

Building on a successful three-year collaboration supporting the UK mortgage market, Hexaware will now be the first independent implementation partner for finova’s loan origination and servicing platforms.

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Hexaware's and finova's delivery and systems integration expertise will be combined with finova's product and market knowledge to offer lenders and savings providers the fullest potential of both companies' technological prowess across a range of products and services.

Paraag Dave, Executive Chairman at finova, commented, “At finova, we have never shied away from trying new things and partnering with companies like Hexaware. We are a software business at our heart, and finding strong implementation partners helps us deliver software to our customers quickly and with great quality.

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“With over 60 lending institutions as customers, we know our strengths and what the market wants from a software perspective. Teaming up with Hexaware is simply the next stage of getting our market-leading software to our customer base, he added.

Parameshwaran Iyer, Senior Vice President, Hexaware added, “Our partnership with finova represents an exciting opportunity to redefine the UK mortgage and savings landscape. Hexaware’s platform-centric approach and bespoke accelerators created around finova’s platform provide a comprehensive and integrated solution to our clients. We are delighted to have supported finova in its ongoing campaign to drive innovation and ramp up speed-to-market pipelines in the UK mortgage market. New products like Optimo and the finova Savings platform are blazing a trail in the industry, and we’re delighted that our team will continue to partner finova in fulfilling our client’s long-term goals.”

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About Hexaware

Hexaware is a multinational provider of business process and technology services. Every day, 28,400 Hexawarians are driven by a single goal: using technology and wonderful people to make others smile. With more than 45 offices in 19 nations, we work with businesses to develop, convert, operate, and optimise their business and technology processes, enabling them to achieve digital transformation at scale and speed.

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About finova

finova is the UK’s largest cloud-based mortgages and savings software provider, supporting over 60 leading lenders, 3,000 mortgage brokers, and 200 financial institutions. Our suite of award-winning software includes a Core Banking Platform, Broker Platform, and finova Connect, a range of solutions that connect lenders, intermediaries, and consumers.