Report 28 Jan 2026

Finastra - Vendor Profile - Worldwide

Finastra is a leading financial software and cloud platform vendor focused on banking transformation. This Vendor Profile reviews Finastra’s strategy, product portfolio, performance, and market position in the fiscal year that ended in May 2025.

Key highlights

  • Finastra’s cloud-first push: Azure-based core systems (Phoenix, Essence) and FusionFabric.cloud with FusionCreator, FusionOperate, and FusionStore
  • Strategic moves: sale of the Treasury & Capital Markets unit (TCM) to Apax affiliate and carve-outs to refocus on core banking
  • Product strength: core banking, payments (Payments To Go), lending, treasury, and digital banking
  • Partnerships & ecosystem: strong ties with Microsoft, Accenture, Tech Mahindra, NTT DATA, and over 560 FusionFabric.cloud customers

Strengths & challenges

  • Strengths: Finastra’s broad portfolio, long-term contracts, and open-platform approach
  • Challenges: sector concentration in banking, competitive pressure, and legacy migration barriers

 

Recommended advisory: PAC Leadership Session – Financial Services Industry – AI Adoption