Tinkoff selects Finastra for its expansion into the Philippines

Thursday 16 December 2021 11:52 CET | News

Tinkoff, a digital-only bank, has selected Finastra’s Fusion Essence Cloud core banking solution to power its expansion into the Philippines.

Finastra’s system will enable Tinkoff to bring a new offering to market and support customer acquisition, whilst maintaining compliance with local regulations.

Fusion Essence Cloud is a core banking system with fully digital end-to-end capabilities for all key banking services. With a catalogue of open APIs and integration with Finastra’s app marketplace and developer platform,, Tinkoff will be able to integrate tools from hundreds of developers and build a system tailored to its requirements. The Software-as-a-Service (SaaS) offering includes upgrades, security, 24x7 infrastructure monitoring, incident management, and disaster recovery services.

Fusion Essence Cloud will be deployed out of the Microsoft Azure Southeast Asia Region (Singapore Data Center), which will allow for both low latency and data residency. 

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Keywords: digital banking, banks, Finastra, expansion, partnership, cloud, SaaS
Categories: Banking & Fintech
Countries: Philippines
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Banking & Fintech

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