ARBES Technologies, a Czech technology company specializing in software solutions for banks and capital markets, has entered into a partnership with Finastra, a global leader in financial services software. ARBES investment and wealth management modules will now be available as an extension of the Finastra Essence platform.
European banks today face increasing demands for the digitalization of investment services, regulatory transparency, and process automation. At the same time, they often operate within complex system architectures, where integrating an investment layer outside the core banking environment can be both time-consuming and costly.
The new partnership offers a practical solution by connecting Finastra’s core banking offering with ARBES’s investment layer within a structured integration model.
Built on real collaboration
The partnership builds on a pilot project implemented for a UK bank. The collaboration includes ARBES investment systems, digital wealth management channels including the ARBES AMS platform, and an architecture built on open APIs. Initial focus is on the European market.
Benefits for banks and business development
In innovating together with Finastra, ARBES solutions gain access to an international client base and a standardized commercial framework. Banks, in turn, can benefit from a combination of Finastra’s core banking system and a specialized investment layer with a clearly defined integration path, from digital channels to back-office operations, without the need for major changes to their existing architecture.
“Our partnership with Finastra allows us to offer banks a more integrated solution while reducing the complexity typically associated with system integrations on the client side. At the same time, it shortens the path from a business requirement to a secure production deployment,” says Branislav Beneš, Director of Investment Solutions at ARBES Technologies.