Modern Slavery Act Statement 2019

Slavery and Human Trafficking Statement of Finastra International Limited, Finastra Global Limited and Finastra UK Limited for the financial year ending 31 May 2019

This statement is made pursuant to the Modern Slavery Act 2015. It sets out the specific actions taken by the Finastra Group to ensure that slavery and human trafficking is not taking place in any of our supply chains or in any part of our own business.

The Organisation, the Business and Supply Chains

Finastra operates globally to develop, manage and license a variety of software solutions and software related services to its customers in the financial services industry and cheque processing.

Finastra is a trusted partner to 90 of the world’s top 100 banks and has global scale and reach, serving client of all sizes across 130 countries.

Finastra operates in a sector which is at relatively low risk of slavery, unlawful child labor or human trafficking existing within the business. Finastra considers its main suppliers to be at low risk of engaging in practices of modern slavery and human trafficking, the Group remains committed to prevent the occurrence of any practices both in the business and in the supply chain.

Policies

Finastra has continued to formally adopt measures to assess its supply chain, including a third-party risk management assessment and audit process. Finastra reserves the right to terminate its relationship with a non-compliant supplier.

The Corporate Social Responsibility (CSR) continues to form an important part of the culture journey of Finastra. Finastra has appointed a CSR team (headed by the CSR Director) tasked with driving forward a new CSR vision, which places social responsibility at the heart of its culture, including the theme of financial inclusion.

Finastra has a CSR policy which sets out best practice for all its global operations. The CSR Policy includes Finastra’s commitment to ensure that slavery and human trafficking is not taking place in any of our global supply chains and or in any part of our own business.

Due Diligence and Risk Assessments

Finastra has continued to engage with CSRHub, an independent third-party specialist, to conduct an evaluation of Finastra’s CSR strategy, which include slavery and human trafficking. Finastra continues to monitor, assess and manage risks on an on-going basis in accordance with its risk management framework.

Training

Finastra carries out regular staff training through online training courses. The Group continues to review training options and that appropriate provision is made as required in respect of modern slavery and human trafficking issues.

This statement is made pursuant to section 54(1) of the UK Modern Slavery Act 2015 and constitutes the Group’s slavery and human trafficking statement for the financial year ended 31 May 2019 and will be reviewed and updated for each financial year.

Approved by the Board on 29th November 2019.

Simon Dowler
Director