Today Finastra announced a collaboration with Fragmos Chain, a blockchain platform which digitalizes interactions between financial institutions, to provide Finastra customers with out-of-the-box integration with Finastra Summit, its over-the-counter (OTC) derivatives market solution. The API-first integration, via FusionFabric.cloud, enables banks globally to digitalize their OTC derivatives products to reduce the costs and risks associated with manual processes. Daniel Ivanier, CEO at Fragmos Chain said, “Our partnership with Finastra is transforming the way banks interoperate. By digitalizing the confirmation process...