CASE STUDY
Misys
Finastra

Pioneering the future of banking

Finastra (previously Misys) is a pioneering technology company unlocking the potential of open banking technology. Finastra’s applications enable connectivity across financial services ecosystems. 

As the largest pure-play software company in the sector, Finastra helps over 8000 financial services providers transform their operations to benefit from digital, cloud and banking as a service.

Challenge

Through a focus on enabling client-side innovation, has built a reputation for pioneering approaches to the future of banking. 

Finastra came to CCQ to augment its technical capability and asked us to help deliver two high profile treasury and derivatives products. 

The challenge was to undertake the heavy lifting required to integrate Finastra platforms with existing client-side banking technology and infrastructure. As a heavily regulated sector, it was critical to ensure compliance and a robust enterprise-grade solution.

Solution

CCQ worked in close partnership with Finastra’s banking clients to understand their specific use cases, workflows and customisation requirements. 

To ensure fit for purpose installs we built a series of bespoke modules providing tailored functionality. Coupled with security setups, speed optimisations and large database alterations our solution was bespoke according to each bank’s unique requirements.

Working with business-critical functions processing a large volume of high-value transactions CCQ was trusted to ensure adherence to all relevant regulatory requirements.

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

Our work has enabled a number of high profile banks and large financial institutions to benefit from Finastra’s platform, enabling innovation to transform banking services. 

Working with CCQ, Finastra was able to deliver a bespoke service to its larger clients, tailoring and integrating key platform functions with complex existing systems to ensure best practice and regulatory compliance.

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