Finastra’s Fusion LenderComm scoops Handelsblatt Diamond Star – Digital Banking Award 2018

Blockchain-based distributed ledger platform wins jury vote in the Digital Corporate Banking category

Finastra has scooped a Handelsblatt Diamond Star – Digital Banking Award 2018, one of the most prestigious awards in the German banking technology sector.

The win in the Digital Corporate Banking category celebrates Fusion LenderComma blockchain-based solution which streamlines information exchange between agent banks and lenders, driving transparency and efficiency in the syndicated loan market.

“This award is particularly exciting for Finastra, as the idea for Fusion LenderComm was developed by one of our team members as a result of our internal innovation days,” said Martin Häring, Chief Marketing Officer at Finastra. “It demonstrates our commitment to innovation and inspiring our employees to be creative and share their ideas.”

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“I am extremely proud to accept this important award on behalf of the entire Finastra team, especially when considering the top-class contestants in this category,” said Dieter Tschach, Managing Director DACH, EEUR, Russia/CIS at Finastra.

“Every year, we award digital leaders and future-oriented projects with the Handelsblatt Diamond Star – Digital Banking Award,” said Dr. Thomas Puschmann, Director FinTech InnovationLab at Zurich University and head of the awards jury. “Finastra’s Fusion LenderComm was recognized for its approach to solving a very complex problem in an intelligent and sustainable way with highly advanced technology. The platform shows how blockchain technology can be successfully leveraged in today’s business.”

The awards ceremony took place during the annual Handelsblatt Banking Summit on August 29 in Frankfurt am Main.