Finastra
131 Case Studies
A Finastra Case Study
ICCREA Banca, part of the Italian cooperative credit system of more than 300 local banks, faced fragmented trading and reporting systems that made it difficult and costly to meet new regulatory requirements such as MiFID II and IFRS 9. To modernize its capital markets infrastructure and improve compliance and transparency, ICCREA Banca engaged Finastra and selected the Fusion Post-Trade platform.
Finastra implemented Fusion Post-Trade to replace siloed systems with a unified, integrated trading and post-trade platform, delivering real-time visibility, greater automation and higher straight-through processing (STP). As a result, ICCREA Banca expects reduced operational risk and error rates, faster regulatory reporting, and an anticipated EUR 5 million reduction in operating costs over the next 10 years, while creating a future-proof foundation for growth.
Saverio Ferraro
IT Director