Fintech
Newgen Software and Finastra collaborate to expand market reach
Global provider of low-code platforms, New Gen Software AND WindowGlobal provider of financial software applications, collaborate to offer best-in-class banking solutions to existing customers and jointly expand market base.
By joining forces, both companies will be able to offer improved customer experiences and achieve greater ROI. Finastra’s comprehensive solutions will leverage Newgen’s AI-powered automation suite to transform loan origination processes for consumer, commercial and mortgage lending.
Rajvinder Kohli, senior vice president and head of Global GSI at Newgen Software, said: “The partnership underlines our ongoing commitment to strengthening the banking sector. We plan to leverage Finastra’s capabilities to push banks forward on their digital transformation journey.”
Achim Thienel, Head of Universal Banking Partner Ecosystem at Finastra, said: “I am excited about our new partnership with Newgen. The close collaboration between Finastra and Newgen promises to be a resounding success. Together, we will streamline processes and deliver exceptional value to our customers.”
Ritesh Varma, Head of Business Solutions Group, Newgen Software, said: “Newgen’s lending solution, built on a low-code platform, transforms the loan origination journey. With robust integration into leading banking and document preparation systems, this collaboration will enable Finastra customers with advanced API-based integration, accelerating their financial processes for greater efficiency.”
Partners will be able to deliver end-to-end transformation, from onboarding to loan lifecycle management and collections.