MFEC has announced a collaboration with Finastra, a leading provider of financial software applications and marketplaces, to offer Finastra’s leading core banking solution, Fusion Essence, in the Thai market. MFEC will also leverage Essence’s open architecture, which enables easy integration of software solutions from an ecosystem of providers via open APIs, to offer digital banking and digital lending solutions specifically tailor for the needs of the Thai market. Finastra is a major financial software provider with over 9,000 customers in 130 countries worldwide. Fusion Essence is a core banking system with fully digital end-to-end capabilities for all key banking services. With a rich catalogue of open APIs and integration with Finastra’s app marketplace and developer platform, FusionFabric.cloud, it is possible to integrate tools from hundreds of developers. The comprehensive SaaS offering removes the burden from IT teams by including upgrades, security, 24×7 infrastructure monitoring, incident management and disaster recovery services.