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Finastra has announced the expansion of its partnership with NTT DATA to strengthen delivery of managed services for financial institutions using its Lending Cloud Service in the Middle East, Africa, Asia Pacific, and Latin America.
NTT DATA will lead application lifecycle management for the service, supporting scalability, standardization, and operational efficiency. The partnership will focus on faster deployments, automation, and improved service performance for banks in these regions.
“We can accelerate client onboarding and provide a resilient, high-performing service”
Andrew Bateman, EVP for Lending at Finastra, commented, “This is a natural evolution of our relationship with NTT DATA, a partner that deeply understands our technology landscape and shares our vision for delivering world-class, cloud-based lending services. By partnering with a company familiar with our architecture and operating models, we can accelerate client onboarding and provide a resilient, high-performing service.”
David Gold, Vice President for Cloud Services and IT Modernization at NTT DATA, commented, “We are proud to extend our partnership with Finastra as part of a broader strategic vision. Our experience in large-scale financial environments positions us well to help Finastra deliver highly automated, reliable cloud services to banks across these regions. This partnership brings together innovation and operational excellence to transform the banking experience.”
The service will include integrated tools for measuring and reporting on service-level commitments. Both companies have initiated a joint go-to-market strategy to scale adoption and extend the service to additional markets.
According to Finastra’s Financial Services State of the Nation survey, 27 percent of financial institutions globally improved or deployed cloud solutions in the past year. In Asia Pacific, the share was higher in markets such as Vietnam at 56 percent, Hong Kong at 46 percent, and Singapore at 44 percent.
Finastra and NTT DATA will continue to collaborate on cloud infrastructure for lending, with a focus on meeting compliance requirements and adapting to market demand. The partnership supports broader adoption of cloud-native solutions in banking across APAC and LATAM.
Finastra to sell Treasury and Capital Markets business
Finastra recently agreed to sell its Treasury and Capital Markets business to an affiliate of Apax, with the unit set to operate as a standalone company under a new brand upon completion of the transaction. The sale will simplify Finastra’s portfolio and support its reinvestment strategy across core financial software segments.
The Treasury and Capital Markets (TCM) division supports more than 340 financial institutions worldwide, providing trade lifecycle, compliance, and risk management software. Key products include Kondor, Summit, and Opics, widely used across capital markets operations. The unit’s offering is embedded in global financial infrastructure and has evolved through decades of product development and institutional client relationships.
Apax plans to support the newly independent business with investment in technology, product innovation, and go-to-market capabilities. The firm will focus on scaling cloud infrastructure, improving the client experience, and strengthening the company’s position in the capital markets software space.
The transaction is expected to close in the first half of 2026, subject to standard regulatory and procedural conditions. Specific financial terms were not disclosed.
Apax Funds have a history of investing in enterprise software companies, with previous deals including Paycor, IBS Software, Zellis Group, and Azentio. The firm also has experience with carveouts, having previously supported transitions of corporate software assets into standalone entities.
