BankBI launches Financial Performance Analytics app on Finastra’s FusionStore

London 10 February 2021: BankBI, a cloud-native SaaS analytics vendor, today announced that its BankBI application is available for purchase through Finastra’s FusionStore. The Financial and Banking Performance analytics application will enable the C-Suite in financial institutions to grow their balance sheet, increase efficiencies and monitor profitability. It does this by delivering dashboards and automated reporting on daily actionable insights required to make data driven business decisions.

Going live on FusionStore marks the final stage of the app development journey for firms using Finastra’s open development cloud platform, FusionFabric.cloud. The FusionStore enables Finastra’s more than 8,500 banking and financial institution customers worldwide to access, test, purchase and deploy certified apps on top of their core systems, helping them quickly realize the benefits and deliver added value to their customers.

Following the arrival of the BankBI application on FusionStore, Vincent Pugliese, General Manager of Platform at Finastra, said, “Through our FusionFabric.cloud developer platform and marketplace, we’re able to bring powerful innovation from fintechs like BankBI directly to our customers. We welcome BankBI to the FusionFabric.cloud platform as we continue building the next wave of financial services solutions in collaboration with our partners.”

BankBI has designed and architected a cloud-only, fully multi-tenant SaaS application that uses a minimal, targeted dataset to deliver the key metrics, ratios and trend analytics that CEOs and CFOs in the industry are looking for. It connects to Finastra’s Fusion Phoenix core via data sharing through Finastra’s next generation data offering, Fusion Data Cloud. BankBI plans to build connections to other Finastra cores in due course.

Graham Goble, CEO, BankBI, said, “By connecting to core data through Fusion Data Cloud, BankBI is able to leverage a trusted, safe and secure data integration framework to deliver CEOs and CFOs a remotely implemented, rapid time to value and risk-free solution to the daily analytics requirements that all management teams are dealing with, particularly in the current climate of balance sheet volatility.”

Using Finastra’s open APIs, developers can create solutions that address business challenges across the financial services spectrum, including retail banking, payments, transaction banking, corporate banking, lending, treasury and capital markets. Visit FusionStore for more information: https://store.fusionfabric.cloud/application/bankbi-1

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For further information please contact:

PAUL SUTHERLAND
Commercial Director, BankBI
paul.sutherland@bankbi.com

CAROLINE DUFF
Global Head of PR, Finastra
T +44 (0)20 3320 5892
E caroline.duff@finastra.com
finastra.com

About BankBI
Based in Berkshire in the UK, BankBI Ltd is a business intelligence & analytics software organization offering an application targeted specifically at the banking and credit union industry and aimed at lowering the cost of enterprise class performance management reporting by means of a cloud-based product and a subscription pricing model. The application offers financial together with loan & deposit performance analysis in a pre-configured framework. Available on mobile, tablet and PC, BankBI enables board and management level decision making based on the very latest daily or monthly reporting and analytics, visit www.bankbi.com.

About Finastra
Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Supported by the broadest and deepest portfolio of financial services software, Finastra delivers this vitally important technology to financial institutions of all sizes across the globe, including 90 of the world’s top 100 banks. Our open architecture approach brings together a number of partners and innovators. Together we are leading the way in which applications are written, deployed and consumed in financial services to evolve with the changing needs of customers. Learn more at finastra.com
 
About FusionFabric.cloud
FusionFabric.cloud is a scalable, open and collaborative development platform built by Finastra. The secure and proven cloud platform encourages innovation, opening up the company’s core systems through APIs and datasets so that third parties can develop applications on top. Fintechs can quickly build and promote apps worldwide. Financial institutions can access or create new services, which their customers are demanding, faster. Visit fusionfabric.cloud

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