Tech Mahindra, an IT company, announced on Thursday that it has formed a partnership with Finastra, a global fintech firm, to facilitate the digital transformation of banks.
the partnership will provide corporate and institutional banks with contemporary platforms to assist them in the digitalization, streamlining, and innovation of their business operations.
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Both entities will provide corporate finance clients with integrated end-to-end cross-functional offerings that encompass digital advisory, system integration, integrated infrastructure, and cloud services as part of this partnership.
The statement stated that Tech Mahindra will serve as Finastra's exclusive global implementation partner for its cash management platform and the preferred partner for its trade innovation and corporate channel solutions in the United States, Canada, and Europe.
Simon Paris, CEO, Finastra, said: "The broad portfolio of services and deep experience offered by Tech Mahindra are a valuable complement to our modern and open software. With this combination, we look forward to propelling the digital transformation of even more banks and financial institutions around the world,"
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