Finastra entered a new deal with Tonik to renew its partnership to power Tonik’s end-to-end core banking capabilities with Finastra Essence.
With this renewal, Finastra will strengthen the partnership by deploying consultants to accelerate Tonik’s development and release of new products and services.
Finastra will provide a unique combination of advanced technology with broad and deep banking functionalities. It will also deliver next-generation retail and commercial banking capabilities.
Together, the companies aim to build solutions to deliver an omnichannel experience with all essential Fintech components pre-integrated, leading to a lower ownership cost and reduced operational risk.