Finastra, a prominent global provider of financial services software, has revealed an expansion of its longstanding alliance with NTT DATA, a leading global IT infrastructure and services provider. This strengthened partnership will enhance Finastra’s Lending Cloud Service, improving the delivery of managed services for financial institutions across the MAAP (Middle East, Africa, Asia Pacific) and LATAM (Latin America) regions. The initiative is set to offer financial institutions in these regions faster deployments, enhanced automation, and a more adaptable lending experience.

Under the expanded collaboration, NTT DATA will take the lead in application lifecycle management for Finastra’s Lending Cloud Service, enabling greater scalability, standardization, and operational efficiency. Finastra’s EVP for loan, Andrew Bateman, says this move is a logical next step in their partnership with a partner who shares their aim for providing top-notch, cloud-based loan services and fully comprehends Finastra’s technological ecosystem. By working with a company familiar with its architecture and operating models, Finastra aims to speed up client onboarding while ensuring a resilient and high-performing service.

David Gold, Vice President for Cloud Services and IT Modernization at NTT DATA, emphasized pride in deepening the partnership as part of a broader strategic vision. Leveraging its expertise in large-scale financial environments, NTT DATA will help Finastra deliver highly automated and reliable cloud services to banks across key regions, merging innovation with operational excellence to transform banking experiences.

The jointly developed offering integrates tools to measure, report, and meet service-level commitments. For NTT DATA, the collaboration also presents a strategic avenue to broaden its portfolio, with a joint go-to-market strategy already in motion to scale adoption across the financial sector.

In the APAC region, where cloud revolution in financial services is developing quickly, this development is especially pertinent. Finastra’s Financial Services State of the Nation survey indicates that over a quarter of institutions globally have adopted or enhanced cloud solutions in the past year, with Vietnam, Hong Kong, and Singapore leading adoption. Together, Finastra and NTT DATA aim to modernize lending infrastructure across APAC and LATAM, delivering compliant, scalable, and innovative solutions to meet the demands of today’s fast-evolving markets.