Finastra Introduces Smart Payment Routing for Financial Firms
Finastra Unveils Intelligent Routing Module at Sibos 2025
The new solution drives efficiency in payments processing, significantly enhancing customer experience for banks and financial institutions worldwide.
Revolutionizing Payment Processing
Finastra, a global leader in financial services software, has announced an exciting new addition to its offerings: the Intelligent Routing Module. This innovative solution was showcased at Sibos 2025, where it drew considerable attention among attendees.
The Intelligent Routing Module is designed to empower banks and financial institutions to process transactions with greater speed, lower costs, and an impressive straight-through processing rate exceeding 95%. By adopting this technology, institutions can expect enhanced outcomes that benefit both their operations and their customers.
How the Intelligent Routing Module Works
This advanced module can operate as a standalone solution or be integrated into Finastra's Global PAYPlus. It leverages cutting-edge algorithms to determine the most effective payment routes in real time. Factors such as cost, speed, and regulatory requirements are assessed to ensure each transaction is optimized, whether it's mass payments, instant payments, or high-value cross-border transactions.
According to Radha Suvarna, Chief Product Officer of Payments at Finastra, this module is crucial in the current financial landscape. "Payments are the lifeblood of banking, and speed, cost, and transparency matter more than ever. Our Intelligent Routing Module delivers on all three fronts, allowing banks to intelligently route payments for maximum efficiency while meeting customer expectations for fast, seamless service," she stated.
Boosting Efficiency with Advanced Technology
With decades of experience in processing vast amounts of transactions for some of the world's leading banks, Finastra's Intelligent Routing Module offers a robust solution that can improve transaction validation and build efficient cross-border correspondent banking chains. The system is powered by microservices and open APIs, which means it can easily integrate into various payment initiation channels and systems.
This flexibility significantly reduces the risks associated with large-scale transformations or replacements, offering banks a chance to adapt to changing market conditions rapidly, ensuring rapid returns on investment.
As Gareth Lodge, a Principal Analyst at Celent, pointed out, the payments sector has transformed. It's no longer merely a contest of price. Today, factors like customer choice, visibility, and experience play significant roles. The adoption of smart routing solutions provides a substantial competitive advantage, making such microservice technologies essential for modern payment systems.
Enhancing Customer Experiences
Finastra's Global Payments Framework, which combines an API-first methodology with configurable business rules, enables financial institutions to craft unique customer experiences with the utmost flexibility and minimal customization. This balance of technology and service is set to redefine how banks engage with their customers.
Learners and users interested in Finastra's Intelligent Routing Module can explore its features at Sibos, specifically at stand H036. This module is part of a broader portfolio of payments solutions that Finastra provides to its global clientele.
About Finastra
Finastra is recognized as a global leader in the field of financial services software, serving more than 8,000 customers, including 45 of the largest 50 banks around the world. Operating in over 130 countries, Finastra offers a variety of expertise in areas like Lending, Payments, Universal Banking, and Treasury & Capital Markets.
The company delivers reliable, scalable, mission-critical solutions designed to help financial institutions grow with confidence. With products such as Loan IQ, LaserPro, and Global PAYPlus, among others, Finastra strives to co-innovate with customers and provide modern technologies that can revolutionize the industry. You can learn more about Finastra by visiting their official website or following them on LinkedIn.
Frequently Asked Questions
What is the Intelligent Routing Module?
The Intelligent Routing Module is Finastra's innovative solution for optimizing payment processing by enhancing speed and reducing costs.
How does the Intelligent Routing Module benefit banks?
It allows banks to process transactions efficiently, achieving a high straight-through processing rate and better customer experiences.
Can the Intelligent Routing Module work independently?
Yes, it can operate as a standalone solution or be integrated into Finastra's Global PAYPlus system.
What technology underpins the Intelligent Routing Module?
The module utilizes advanced algorithms, microservices, and open APIs to ensure optimal payment routing.
How does Finastra support customer growth?
Finastra provides scalable solutions and collaborates with clients to build modern technology that helps financial institutions grow successfully.
About The Author
Contact Dominic Sanders privately here. Or send an email with ATTN: Dominic Sanders as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.