One day, all platforms will be built like this
Luxoft’s partnership with Finastra brings two market leaders together to help clients achieve high-performance banking and capital markets solutions.
Luxoft and Finastra have launched a new Managed Services Partnership (MSP) agreement. This strategic partnership strengthens a long-standing relationship first established in 2006.
Under the MSP agreement, Luxoft became the preferred provider of managed services and hosting for Finastra’s Kondor solution across Europe, the Middle East and Africa (EMEA). The partnership aims to deliver turnkey managed services to Finastra’s customers in the region.
Kondor | Fusion Risk | Seamless FX | Opics | Summit | Loan IQ
Take advantage of our deep domain knowledge to build scalable solutions at speed
Our global presence keeps us closer to our clients and ensures reliable service
Products from innovative companies
Finastra software solutions improve trading and treasury performance in commercial and corporate banking by:
Cloud-based Treasury as-a-Service consolidates treasury, FX and risk activities into a single end-to-end platform, built on Kondor, Opics and Summit.
The solution integrates with existing systems, presenting a unified view of liquidity and financial positions, while offering comprehensive asset coverage from vanilla to derivatives, centralizing financial exposure, optimizing hedging costs, reducing risk and ensuring compliance.
Finastra’s Loan IQ is the leading, syndicated lending solution for servicing commercial loans. The system promotes growth by tightening control, while streamlining workflow and providing more accurate data.
Coverage includes structured, project, syndicated, bilateral, asset-based, commercial real estate, agricultural and niche lending, enabling you to deliver a better client experience.
Finastra’s partnership with Luxoft sees two market leaders coming together to serve a greater range of sizes of financial institutions. Together, we bring a much-needed, complete, cloud-based, hosted Treasury and Risk solution to the market. Partnering is at the core of our open strategy as a business, and with this move, we’re helping financial institutions to tap into affordable technology that optimizes Treasury trading processes and prompts cost savings, which in turn can be used to empower innovation and growth.
Luxoft experts run and maintain global platforms with a single point of contact for any Finastra implementation. As a Finastra partner, we also provide extensive support for financial market products and local market requirements. Crucially, time-to-market is < 300% faster than with other global platforms.
Take full advantage of Luxoft domain expertise in the form of Finastra consulting services to inform your decision-making on the go.
Our team has gained extensive knowledge of Finastra software.
Ensure a smooth transition to manage and deliver change at scale, generating greater efficiency and productivity.
Entrust your development pipeline to highly skilled software engineers and Finastra integration experts.
Increase the efficiency, security and reliability of your services with cloud transformation.
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Benefit from secure and scalable solutions tailored-made to address your business challenges.
Manage and reduce potential risks with reliable solutions built upon industry standards.
Consolidate your efforts effectively with a significant reduction in the total cost of ownership.
Our Luxoft Finastra solutions are built with resilience in mind to deliver stable performance.
Enhance your platform offerings with cloud-native, edge-computing-enabled solutions.
Take your business to the next level with platforms built to enhance customer experience and generate value.
Finastra is a leading financial software vendor that provides best-in-breed solutions to its users in retail banking, lending, transaction banking and capital markets. Finastra software solutions power operations for around 8,100 financial institutions in over 130 countries. Finastra’s products include solutions for:
The exact feature set depends on the solution. The functionality of a hedge fund's treasury and risk solution will differ from the cash and liquidity management solution for a large bank.
However, Finastra solutions have several characteristics in common:
Luxoft is one of Finastra’s long-time partners. We’ve been collaborating since 2006 and have developed one of the world’s top Finastra practices that enabled us to secure a strategic partnership in 2020.
Hands-on Finastra expertise drives our advisory and program management, end-to-end implementation, knowledge transfer, as-a-Service transformation and cloud enablement services. Our rich experience includes working with Finastra’s treasury and risk, Treasury as-a-Service and Loan IQ solutions.
In 2023, Luxoft became the preferred provider of managed services and hosting for Kondor users in Europe, the Middle East and Africa (EMEA). Luxoft’s partnership with Finastra allows us to facilitate cloud transformation for EMEA users of Kondor, a best-of-breed Finastra trading solution.
This partnership enables us to offer our extensive delivery expertise to Kondor users on a turnkey basis. Luxoft helps clients reap the benefits of cloud and as-a-Service while gaining the adaptability, flexibility and resilience they need to remain competitive.
Our wealth of experience onboarding and supporting Kondor users underscores seamless managed services that provide better cost control, improved risk management and future-proofed systems.
