Finastra leverages Databricks to enhance its product development and AI capabilities







Photo credit © Banque de France

(Boursier.com) — Finastra, a global provider of software applications for financial services and markets, today announces its collaboration with Databricks, a data and AI company, to provide more value-added solutions and services to its customers and partners around the world. This collaboration allows Finastra to facilitate access to its data and provide added value to it thanks to AI and generative AI (Gen AI) capabilities.
It also helps to improve the quality, performance and safety of the products developed while reducing time to market.

Using Databricks, Finastra was able to deploy a data platform for its developers: Secure Zone. This tool is designed for production data ingestion and engineering, as well as exploring large batches of data in real time. Teams can thus experiment and develop prototypes of AI-based solutions (traditional or generative) and production models with comprehensive monitoring capabilities. Additionally, they can use the language models for various tasks such as content generation, summarization, semantic search, and code translation.

Finastra customers can also access Secure Zone to create robust data products and models using existing datasets and pre-trained models, while benefiting from Finastra’s technological expertise.


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