Finastra, a global leader in financial services software, has announced an expansion of its long-standing collaboration with NTT DATA, a leading global IT infrastructure and services provider. The enhanced partnership will bolster Finastra’s Lending Cloud Service, delivering advanced managed services to financial institutions across the Middle East, Africa, Asia Pacific (MAAP), and Latin America (LATAM) regions.
Through this expansion, banks and financial institutions in these markets will gain access to faster implementations, enhanced automation, and a more agile lending environment. Under the new agreement, NTT DATA will take the lead in application lifecycle management for Finastra’s Lending Cloud Service driving scalability, operational efficiency, and standardization across the platform.
“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,” said Andrew Bateman, EVP for Lending at Finastra. “By partnering with a company familiar with our architecture and operating models, we can accelerate client onboarding and provide a resilient, high-performing service.”
David Gold, Vice President for Cloud Services and IT Modernization at NTT DATA, added, “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.”
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The jointly developed solution will feature integrated monitoring and reporting tools to ensure service-level commitments are met. For NTT DATA, this collaboration also opens new strategic opportunities to expand its offerings, supported by a joint go-to-market approach aimed at scaling adoption and broadening impact across the global financial services sector.
The move comes at a time when cloud adoption in financial services is accelerating particularly in APAC markets. Finastra’s latest Financial Services State of the Nation survey revealed that 27% of financial institutions worldwide have deployed or enhanced cloud solutions in the past year. In APAC, countries like Vietnam (56%), Hong Kong (46%), and Singapore (44%) are at the forefront of modernization, leveraging cloud technologies and API-led innovation to maintain competitive advantage.
By deepening their collaboration, Finastra and NTT DATA aim to redefine lending infrastructure in APAC and LATAM delivering compliant, scalable, and modern cloud-native solutions designed to meet the evolving needs of today’s fast-paced financial landscape. This strategic expansion reinforces Finastra’s position as a leader in managed services while underscoring its commitment to delivering innovation, resilience, and speed to financial institutions worldwide.