Modern Slavery Act Statement 2020

Slavery and Human Trafficking Statement of Finastra International Limited, Finastra Global Limited and Finastra UK Limited for the financial year ending 31 May 2020

This statement is made pursuant to the Modern Slavery Act 2015. It sets out the specific actions taken by any subsidiary of affiliates of Finastra International Limited, Finastra Global Limited and Finastra UK Limited (together “Finastra” or the 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.

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 traf-ficking existing within the business. Concurrently, 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. Our third-party conduct terms include a warranty that all third parties need to comply with applicable laws, regulations and policies relating to slavery and human trafficking.

The Corporate Social Responsibility (CSR) strategy 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 CSR vision, which places corporate social responsibility at the heart of its culture, including the themes of financial inclusion, social innovation and conservation of the environment.

Finastra has a CSR policy which sets out best practice for all its global operations. The CSR Policy in-cludes 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. Finastra has a Speaking Up Policy, and the business monitors whistleblowing reports from employees and reports from third parties to ensure that modern slavery and human trafficking is not occurring within its business or supply chain. To facilitate reporting, a number of avenues are available for employees and third parties anonymously to raise con-cerns, where they are investigated.

Due Diligence and Risk Assessments

Finastra engage with CSRHub, an independent third-party specialist, to conduct an evaluation of Finastra’s CSR strategy and ESG performance, which include slavery and human trafficking. Finastra carries out due diligence on any potential suppliers. Finastra continues to monitor, assess and manage risks on an on-going basis in accordance with its risk management framework. We expect our third-party service providers to adhere to the same high standards Finastra has set for the organization.

Training

Finastra carries out regular staff training through online 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 2020 and will be reviewed and updated for each financial year.

Approval

This statement has been approved by the Board of the directors of Finastra International Limited, Finastra Global Limited and Finastra UK Limited respectively, on 27th November 2020:

Simon Dowler
Director