Pioneering the Future of Banking
Finastra (formerly Misys) is a leading technology company unlocking the potential of open banking. Its applications enable seamless connectivity across financial services ecosystems.
As the largest pure-play software company in the sector, Finastra supports over 8,000 financial services providers in transforming their operations to embrace digital banking, cloud-based solutions, and Banking as a Service (BaaS).
Challenge
Finastra has built a reputation for pioneering innovative approaches to the future of banking by focusing on enabling client-side innovation.
The company approached CCQ Tech to augment its technical capabilities and assist in delivering two high-profile treasury and derivatives products.
The key challenge was the intensive work required to integrate Finastra platforms with existing client-side banking technology and infrastructure. Operating within a heavily regulated sector, it was critical to deliver a robust, enterprise-grade solution that ensured full regulatory compliance.
Solution
CCQ Tech collaborated closely with Finastra’s banking clients to understand their specific use cases, workflows, and customisation requirements.
To ensure the installations were fit for purpose, we developed bespoke modules that provided tailored functionality. This included implementing advanced security configurations, speed optimisations, and significant database alterations to meet the unique needs of each bank.
Given the critical nature of the functions, which process a high volume of high-value transactions, CCQ Tech ensured adherence to all relevant regulatory standards, guaranteeing compliance and reliability.
Technologies
Oracle
Opics plus
Opics, SQL
Sybase
XML
MS Access
Visual Basic
C#
The Work
Algorithm Development
Project Management
Prototyping
Technology Selection
Workflow Mapping
Application Flow Mapping
Rapid Prototyping
User Testing
User Experience Design
Data Integration
Data Architecture
Results
CCQ Tech’s expertise enabled several high-profile banks and large financial institutions to leverage Finastra’s platform, driving innovation to transform banking services.
By working with CCQ, Finastra delivered bespoke services to its larger clients, tailoring and integrating key platform functionalities with complex existing systems to ensure best practices and regulatory compliance were maintained.
