Finastra has expanded its partnership with NTT DATA, focusing on enhancing its Lending Cloud Service.
The collaboration aims to improve managed services for financial institutions in the Middle East, Africa, Asia Pacific, and Latin America.
The enhanced service promises quicker deployments and improved automation, offering a more flexible lending experience.
NTT DATA will now oversee application lifecycle management for the Lending Cloud Service, aiming to boost scalability and efficiency.
The collaboration includes integrated tools designed to measure and report service-level commitments.
Finastra lending EVP Andrew Bateman said: “This is a natural evolution of our relationship with NTT DATA, a partner that deeply understands our technology landscape and shares our vision for delivering world-class, cloud-based lending services.
“By partnering with a company familiar with our architecture and operating models, we can accelerate client onboarding and provide a resilient, high-performing service.”
For NTT DATA, the partnership is a strategic move to broaden its product offerings. A joint go-to-market strategy is in place to scale the solution, aiming to increase its impact across the financial sector.
As the partnership deepens, Finastra and NTT DATA aim to transform lending infrastructure in APAC and LATAM, offering modern and compliant solutions.
The expanded collaboration highlights Finastra’s leadership in managed services and its commitment to cloud-native innovation.
The partnership is set to deliver solutions that cater to the evolving needs of financial markets, reinforcing a client-focused approach and a vision for rapid, agile service delivery.
NTT DATA cloud services and IT modernisation vice president David Gold said: “We are proud to extend our partnership with Finastra as part of a broader strategic vision.
“Our experience in large-scale financial environments positions us well to help Finastra deliver highly automated, reliable cloud services to banks across these regions. This partnership brings together innovation and operational excellence to transform the banking experience.”
