Finastra's Ignite! conference emphasizes the importance of agility, mindset and culture as community financial institutions evolve

Addressing attendees during the opening remarks, Narendra Mistry, chief product and technology officer, Universal Banking said, "Change and transformation are not new, but the pace of change, the rapid advance of technology, and the ability of new players to enter the market are all factors the industry is facing. This evolution makes it more important than ever for financial institutions to adapt and transform to continue to keep pace with the competition and stay ahead of what customers will come to expect. Through a combination of vision, drive, ambition, and the right technology, banks and credit unions can make transformation a reality sooner rather than later."

Throughout the forum and customer events, several key takeaways were highlighted, including:

"Innovation is at its best when our customers, partners, and employees work as a team to solve problems and brainstorm new ways to address the challenging financial services landscape," said Swathy Parthasarathy, chief operations officer, Universal Banking. "By coming together during this event, we've not just had the chance to highlight our own innovations, but to facilitate meaningful conversations between financial services leaders across the US. The industry is truly better when we work as one, and Finastra is proud to enable a robust and successful open ecosystem of ideas and solutions."

To close the event, Finastra demonstrated its commitment to corporate social responsibility and its ESG values with a volunteer activity alongside the nonprofit organization Clean the World Global, benefitting One Heart for Women and Children. Ignite! attendees worked together to assemble 1,400 hygiene packs to help combat complications associated with hygiene-related illnesses, providing items needed for local families.

About Finastra
Finastra is a global provider of financial software applications and marketplaces, and launched the leading open platform for innovation, FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing award-winning software solutions and services across Lending, Payments, Treasury & Capital Markets and Universal Banking (Retail, Digital and Commercial Banking) for banks to support direct banking relationships and grow through indirect channels, such as embedded finance and Banking as a Service. Its pioneering approach and commitment to open finance and collaboration is why it is trusted by over 8,000 institutions, including 45 of the world's top 50 banks. For more information, visit finastra.com.  

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