UK-Based Gravity Bank to Use Finastra Fusion Essence Cloud Banking Solution
Finastra Fusion Essence Cloud Banking was chosen by Gravity Bank because of its end-to-end cloud-based core banking capabilities, completely digital delivery, and time-saving process automation.
Source: Finastra at SoftwareReviews, Accessed October 29, 2019
Our Take
The UK is leading global banking deregulation as it embraces the open banking concept. Market deregulation is stimulating new service offerings such as those to be offered by Gravity.
Finastra’s Fusion Essence is hosted entirely in the cloud, it’s natively digital, and offers complete end-to-end banking services. FinTech innovators are favoring partnership rather than head-to-head competition. Gravity’s choice of Finastra’s Fusion Essence demonstrates the continued growth of partnership and outsourcing in the banking sector.