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Finastra unveils enhanced Lending Cloud Service supported by IBM

  • Finastra and IBM have collaborated to offer an enhanced cloud-based lending managed services offering called Lending Cloud Service (LCS).
  • LCS provides comprehensive and cost-effective services for Finastra's Corporate Lending solutions and is supported by IBM for Finastra clients in North America and Europe.
  • IBM is providing design and implementation for LCS using its generative AI platform called watsonx to efficiently manage the new platform.
  • LCS is delivered on Microsoft Azure and combines Finastra's financial services technology expertise with IBM's scalability and application management knowledge.

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