Tech Mahindra has acquired Finastra’s Cash Management product suite, comprising Fusion Cash Management (FCM), Fusion Virtual Accounts (FVA) and Fusion Liquidity Management (FLM). The acquisition positions the product suite for continued investment, innovation and growth under Tech Mahindra’s Banking, Financial Services and Insurance (BFSI) solutions portfolio. It also aims to ensure continuity for existing customers through sustained platform access, ongoing services and customer support, along with the transition of experienced product engineering and customer success talent to Tech Mahindra.
Tech Mahindra has acquired the intellectual property associated with the FCM, FVA and FLM products along with IP and capabilities across CashPlus, Global CashPlus, Application Programming Interfaces (APIs), payables, receivables, balance and transaction reporting, liquidity management, cash-flow forecasting and virtual accounts. Corporate and institutional banks are increasingly focused on improving real-time cash visibility, liquidity optimization, automated payables and receivables, compliance, API-enabled treasury connectivity and lower operating complexity. With ownership of the Cash Management suite, Tech Mahindra is better positioned to help banks address these evolving priorities across cash, liquidity and transaction banking capabilities.
The acquisition combines product IP ownership, an installed customer base, expert product and customer-success talent, Tech Mahindra’s Finastra Centre of Excellence, and the existing Tech Mahindra and Finastra partnership credibility. Together, these elements support customer continuity while creating a stronger foundation for future product-led growth in transaction banking.
Tech Mahindra offers technology consulting and digital solutions to global enterprises across industries, enabling transformative scale at unparalleled speed.
