Finastra has announced a new Center of Excellence (COE) at Malaysia’s MRANTI Technology Park in Bukit Jalil, Kuala Lumpur.
MRANTI Park is a hub for technology innovation, commercial adoption and scientific excellence. It is an ideal location for Finastra to expand its Asia Pacific footprint, further contribute to the local economy and promote Science, Technology, Engineering, the Arts and Mathematics (STEAM) careers in a region dedicated to innovation.
Finastra will benefit from MRANTI’s integrated infrastructure and services. It will be able to tap into local IT talent, including from nearby universities and the growing start-up technology community there. The new COE will champion Finastra’s lending, universal banking, payments and treasury and capital markets software solutions across the region.
With its FusionFabric.cloud open development platform, Finastra will continue to support innovation for its financial institution customers around the world, connecting FinTechs – including those in Malaysia – to its core solutions. The new space will also embrace sustainability and contribute to the circular economy, being a low-carbon development that uses renewable energy, aims to recycle all waste and conserves water through rain harvesting.
“Growth in Asia Pacific is one of our company’s key strategic commitments and opening a Center of Excellence in Kuala Lumpur is an important milestone to help us achieve this goal,” said Simon Paris, CEO at Finastra.
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