UiPath and Finastra team up to deliver automation to banking sector

Stock image of blue banking/automation | Accenture and CBD

UiPath is providing a new Automation as a Service (AaaS) offering on the Finastra cloud, designed to deliver a managed service model for automation to Finastra’s bank, credit union, and financial institution customers.

UiPath and its partners will be able to design, install, deploy, run, and maintain automated processes to enable the banking sector to leverage the power of automation along with the security and compliance of cloud-based infrastructure from Finastra, a major provider of software for the financial industry.

Finastra delivers technology to over 8,600 financial institutions around the world, enabling the future of banking through apps, marketplaces, and an open innovation platform.

With the new offering, Finastra customers can access built-in, managed service automation, leveraging the expertise of UiPath and its partners for implementation, maintenance, management, and support, whether in the cloud or on-premises.

Nitin Purwar, senior director of banking and financial services at UiPath, said: “Financial firms of every size realize they need to do more with less, while continuing to offer superior customer experiences and services built on the most innovative technologies. This is especially true within the mid-market banking sector and credit unions, which are sometimes not serviced by large system integrators or platform vendors, leaving these organizations to figure out automation on their own. With our AaaS offering within Finastra, customers already using Finastra solutions can now tap the power of the UiPath end-to-end automation platform and automate with speed, scale, and support.”