Tech Mahindra, a global leader in technology consulting and digital solutions, has entered a strategic partnership with Finastra, a well-known provider of financial software applications and marketplaces. This collaborative effort is designed to expedite the digital transformation of corporate banks by providing comprehensive solutions that encompass infrastructure, cloud services, digital advisory, and system integration.
As part of this partnership, Tech Mahindra will become Finastra's exclusive global implementation partner for its Cash Management platform and the preferred partner for trade innovation and corporate channels solutions in key markets, including the US, Canada, and Europe. The partnership is poised to help banks innovate, streamline operations, and enhance customer satisfaction, particularly in an environment marked by rising regulatory complexity and the need for digitalization.
Tech Mahindra, with over 23 years of experience supporting banks through digital transformation and core transaction processing, has successfully delivered more than 500 programs across over 300 banks globally. Finastra, on the other hand, serves over 8,000 institutions, including 45 of the world’s top 50 banks, with its software solutions. Together, they aim to offer corporate banking customers a comprehensive suite of services that will reduce operational costs and improve efficiency, enabling banks to scale and compete more effectively in a rapidly evolving financial landscape.
