SPECIALIST INSIGHT
services . By its very nature , innovation involves taking risks – but such risks can be managed . I ’ d argue that the failure to innovate and evolve with new technological developments presents a larger existential threat to banks and businesses today .
One of the things I love about technology is the pace of change . At Finastra we constantly challenge ourselves to innovate and to continually learn and improve . We do this by testing everything thoroughly , adapting and re-testing before finalising and releasing new functionality into the public domain . Taking such a thorough approach helps to reduce the risks associated with innovation while enabling our clients to benefit from the latest technologies . At the same time , we ensure that all innovation in technology and processes complies with both existing and upcoming regulatory standards . After all , regulations evolve and adapt in response to a changing world .
Open banking has become a pivotal trend in the financial industry . How is Finastra embracing the concept of open culture and what benefits do you believe it brings to both the company and its clients ?
Finastra firmly believes in the principle of Open . Our open innovation platform , FusionFabric . cloud supports developers , customers and FinTechs . We encourage collaboration , creativity and integration – enabling our clients to drive their business forward . FinTechs can leverage APIs to help them achieve their goals and do so in a way that allows them to keep up with the rapid pace of change in today ’ s world .
Culturally , Finastra is also Open . We are open to diverse cultures , religions , thoughts and perspectives . We foster a culture of inclusivity , supporting our employees wherever they are and whatever their circumstances .
Examples of Finastra ’ s Open approach include the flexible dress code and workfrom-home policies . We give our employees
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