Finastra recognized as leader in trade

The IDC MarketScape research is a quantitative and qualitative assessment that evaluates vendors' ability to support trade finance activities, streamline the bank and corporate operations, and facilitate interactions with the ecosystem.

The evaluation is based on a standardized and comprehensive framework and a set of parameters identified to be the most conducive to success in providing trade finance services in the short and long term. The evaluation process also considers features to support risk management and ESG evaluations as well as the ability to address emerging needs in a challenging and fast-evolving market, in times of uncertainty.

“Finastra is very proactive and has a significant open ecosystem strategy, positioning the company as a frontrunner in ecosystem collaborative strategies. Finastra is actively interacting with the market, paying a lot of attention to the customer's voice, through the client advisory board and trade user groups, to gain continuous feedback on the strategy and on daily operational improvements. Actively involved in trade industry communities, Finastra has a clear view of how it is evolving the solution to introduce all upcoming innovations."
- Quote from IDC MarketScape Worldwide Trade Finance systems vendor assessment.