Financial software solutions provider Finastra is selling its Treasury and Capital Markets (TCM) division, which encompasses the Kondor and Summit offerings, to the Apax Funds affiliate of the private equity firm Apax Partners. The TCM division offers solutions for investment banking, securities finance, trading, corporate treasury management, risk, and compliance. Both parties to the transaction… Read More >>
Finastra Taps OpenFin to Bolster Kondor
Finastra, a financial software applications and marketplaces provider, is collaborating with OpenFin to improve the user experience of Finastra Kondor, a well-established bank treasury management system, officials say. The OpenFin technology is intended to strengthen Kondor “with enhanced workspaces and workflows to drive greater efficiencies and streamline the decision-making process for banks,” according to the… Read More >>
Partnership Brings Kondor to South Korean Banks
Finastra and risk and compliance solutions provider UNITAS are now partners who will promote Finastra’s Kondor treasury solution across South Korea, officials say. The partnership is intended to combine Finastra’s Kondor trading system with UNITAS’s local expertise and experience with financial institutions, officials say. The effort will target banks that want to digitally transform and… Read More >>
