Finastra

finastra.com
Financial Management
Few Days

Innovating Finance Together

How to Replace Finastra

Overview

Finastra is a global financial software provider delivering mission-critical solutions for lending, payments, universal banking, and US mid-markets. Trusted by over 7,000 financial institutions worldwide, Finastra provides secure, reliable software engineered for reliability and designed to accelerate innovation and digital transformation.

Features

53 features across 20 categories

Analytics(1)

Mortgagebot Data InsightsPremium

Portfolio growth and maximized back office through insightful consumer data

Also in: Hugging Face, Notion, Smartsheet

Analytics & AI(2)

AnalyzerIQAIPremium

From data to decisions, smarter banking starts here

Essence AnalyticsAIPremium

Turn raw banking data into actionable insights with real-time dashboards, predictive models, and an AI-ready analytics foundation

Compliance(5)

DFA 1071Premium

Compliance solution that assures financial institutions are always in compliance

ESG ServicePremium

Simplify and centralize the collection and storage of ESG performance criteria and ESG pricing changes

ISO 20022 for SWIFT Correspondent BankingPremium

Support organization through ISO 20022 migration and CBPR+ readiness journey

SWIFT CSP Independent Assessment ServicesPremium

Independent CSP assessment with proven SWIFT and industry expertise

SWIFT's gpi Universal Confirmations MandatePremium

Assisting SWIFT gpi members and non-members comply with Universal Confirmations and other new mandates

Also in: Insider CDP, Airtable, 1Password

Core Banking(1)

EssencePremium

Next-gen core banking solution that combines rich, broad, and deep banking functionality with advanced technology

Also in: Temenos, Temenos

Corporate Lending(5)

Loan IQPremium

Market-leading loan servicing platform for growing, optimizing and automating corporate lending from complex syndicated deals to high-volume bilateral loans

Loan IQ BuildPremium

Seamless, straight-through user experience for financial institutions and borrowers for loan booking

Loan IQ NexusPremium

Creating a connected lending ecosystem

Loan IQ Simplified ServicingPremium

Bringing efficiency and automation to loan servicing

Loan IQ TransactPremium

Streamlining loan servicing through integration and automation

Digital Banking(4)

Cash PortalPremium

Deliver the right user experience for frictionless working capital management

Loan PortalPremium

Enable self-service for faster, better business decisions

MalauzAIAIPremium

Future-proof online banking experience with NextGen digital banking

Unified Corporate PortalPremium

A single portal for meaningful corporate digital engagement across products and services

Also in: Temenos, Temenos

Integration(1)

Mortgagebot IntegrationsPremium

Maximize efficiency and optimize the borrower experience with a suite of Mortgagebot integrations

Also in: monday.com, Notion, Airtable

Lending(4)

LaserProPremium

Complete loan documentation system for commercial, consumer & mortgage lending

LaserPro Lending PlatformPremium

Cloud-powered lending platform built on modular architecture designed to modernize commercial and consumer lending

Originate Business Loans and DepositsPremium

Consolidated and compliant platform for commercial deposit and loan account applications

Originate Consumer Loans and DepositsPremium

Unified, compliant platform for all consumer origination needs and account openings

Also in: Plaid, Nubank, Novo

Lending AI(2)

Assist.AIAIPremium

AI-powered assistant for faster, smarter trade and corporate banking operations

LaserPro ConductorAIPremium

Transform loan document review and approval

Marketplace(1)

Solution Store

Browse and purchase Finastra's Retail Lending solutions securely online

Mortgage Lending(2)

MortgagebotLOSPremium

All-in-one secure loan origination system supporting retail, wholesale and correspondent mortgage lending

Originate MortgagebotPremium

Intuitive POS that integrates seamlessly with MortgagebotLOS

Open Banking(1)

Phoenix BankingPremium

Core banking solution with open APIs allowing financial institutions to take advantage of trends and opportunities quickly and efficiently

Operations(1)

ECMPremium

Dynamic platform designed to digitize financial institutions and drive efficiency

Payments(7)

Bacsactive-IPPremium

Online access to a full range of Bacs and Faster Payments services for UK customers

Financial MessagingPremium

Streamlined financial messaging and seamless market infrastructure connectivity

Fusion PAYplus FTSPremium

Solve payments complexity in Europe

Global PAYplusPremium

Accelerate payments modernization and innovation worldwide

Payments To GoPremium

Payment transformation made easy

PAYplus for Continuous Linked Settlement (CLS)Premium

Complete set of integrated settlement services for CLS-eligible transactions, derivatives settlement and more

RapidWiresPremium

Affordable, efficient, and secured wire processing automation

Platform(1)

Finastra KTPPremium

An integrated, modular platform that ensures centralization across business

Security(1)

Multi-Factor ManagerPremium

Simplifying multi-factor authentication for banks and their customers

Services(5)

Finastra AdoptPremium

Outcome-oriented implementation aligned to best practice

Finastra AdvancePremium

Increase agility and optimize TCO through best practice upgrades delivered smoothly with minimal disruption

Finastra Innovation ServicesPremium

Address new opportunities through design sprints, rapid prototyping and building a roadmap to value services

Finastra OptimizePremium

Actionable insight to optimize value from Finastra solution through expert analysis, tooling and best practices

Finastra SelectPremium

Collaborative engagement model delivered using outcome-based success plan to help achieve business goals

Support(3)

Finastra SupportPremium

Three tier support model with engagement and guidance when needed

Preferred Active SupportPremium

Take a proactive approach to success with dedicated support

Preferred Active Support (Retail Lending)Premium

Premium high-touch support model for Retail Lending financial institutions

Trade and Supply Chain Finance(4)

Confirmation Matching ServicePremium

Multi-bank confirmation matching solution to automate and de-risk trade confirmations

Trade InnovationPremium

Industry-leading booking engine for achieving customer excellence

Trade Innovation NexusPremium

Modular, cloud-ready integration layer that simplifies connectivity, speeds onboarding, and future-proofs trade finance

Trade PortalPremium

Cutting-edge portal to empower trade finance operations

Training(2)

Academy.AIAIPremium

Complete authoritative Loan IQ and Trade Innovation training program for all skill level users

Finastra Training ManagementPremium

Ensure workforce stays aligned with the latest regulatory requirements

Cost Calculator

Pricing data not available for Finastra. Check their website for current pricing.

Build vs Buy

Should you build a Finastra alternative or buy the subscription? Estimate based on 53 features.

Buy Finastra

Better Value
Monthly costContact Sales
3-year totalVaries
Time to deployDays

Build Your Own

Development cost$48,000
Maintenance$720/mo
3-year total$73,920
Dev time~4 months

Buying Finastra saves ~$73,920 over 3 years vs building.

Estimates based on 53 features and a BuildScore of 4/5. Actual costs vary.

Integrations

3 known integrations

BacsFaster PaymentsSWIFT