Finastra: Signed global banks on its Fusion LenderComm platform

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Finastra: Signed global banks on its Fusion LenderComm platform

Finastra: Signed BNP Paribas, Natixis and Societe Generale on its Fusion LenderComm platform

  • All of these banks were part of Finastra’s Fusion LenderComm pilot
  • This brings global banks together on the platform in the live Fusion LenderComm environment
  • Fusion LenderComm is based on Corda Enterprise, R3’s commercial version of its open source blockchain platform
  • Finastra is enabling banks to expose real-time credit agreement, accrual balances and position information data to lenders
  • Fusion LenderComm integrates directly into the overall technology stack at the banks
  • The initiative will help provide greater transparency and operational efficiency to the syndicated loan market for the benefit of all participants