Key Takeaways

**Enhancing Treasury Services in the Philippines with Finastra and TIM Corp**
Finastra, a leading provider of financial services software applications, has entered into a strategic partnership with TIM Corp, a renowned data center services and managed services provider, to enhance treasury services in the Philippines. This collaboration aims to empower local banks with cutting-edge treasury solutions, backed by robust managed services capabilities.

Cloud-based Treasury Management Solution

The partnership introduces a cloud-based treasury management solution designed to reduce the total cost of ownership (TCO) and simplify infrastructure management for banks. This solution offers several key benefits, including:

Seamless cloud transformation, enabling scalability and flexibility
Comprehensive outsourcing options to enhance operational and technical efficiency
Access to a world-class treasury solution with advanced features and functionalities

By leveraging Finastra’s Opics core treasury solution and TIM Corp’s managed services expertise, local banks can benefit from a robust and secure treasury management system that meets their specific needs.

A Partnership for Sustainable Growth and Innovation

The partnership represents a significant step forward in delivering advanced treasury and banking solutions to financial institutions in the Philippines. According to Migs De Guzman, Senior Assistant Vice President, Financial Services Business at TIM Corp, “Our partnership with Finastra represents a significant step forward in delivering advanced treasury and banking solutions to financial institutions across the Philippines.”
This partnership underscores Finastra’s commitment to fostering innovation and collaboration in the financial sector. By combining its global expertise with TIM Corp’s local knowledge and infrastructure, Finastra can empower its clients to embrace digital transformation and improve operational efficiency.

Key Benefits and Advantages

By partnering with TIM Corp, local banks can benefit from the following key advantages:

Access to a world-class treasury solution with advanced features and functionalities
Reduced TCO and simplified infrastructure management
Enhanced operational and technical efficiency through comprehensive outsourcing options

These benefits can help local banks to improve their overall treasury management capabilities, reduce costs, and enhance their competitiveness in the market.

About Finastra and TIM Corp

Finastra is a global provider of financial services software applications across Lending, Payments, Treasury and Capital Markets, and Universal (retail and digital) Banking. The company is committed to unlocking the potential of people, businesses, and communities everywhere, and its vision is to accelerate the future of Open Finance through technology and collaboration. TIM Corp, on the other hand, is a trusted partner for core banking and risk analytics with a strong local presence. The company provides data center services, managed services, and IT infrastructure, and has been a trusted partner for banking institutions for over 40 years. By partnering with Finastra, TIM Corp can expand its offerings and enhance its ability to support local banks with advanced, tailored solutions. This partnership represents a significant step forward in delivering sustainable growth and innovation for clients in the Philippines.

Conclusion

The partnership between Finastra and TIM Corp is a significant development in the financial sector, offering local banks in the Philippines access to a world-class treasury solution backed by robust managed services capabilities. By leveraging the strengths of both partners, Finastra and TIM Corp can empower local banks to embrace digital transformation and improve operational efficiency, driving sustainable growth and innovation in the region. **Enhancing Treasury Services in the Philippines with Finastra and TIM Corp**
Finastra and TIM Corp have teamed up to transform treasury solutions in the Philippines.

Finastra and TIM Corp have partnered to deliver advanced treasury solutions to local banks in the Philippines.
The partnership offers a cloud-based treasury management solution with reduced TCO and simplified infrastructure management.
Local banks can benefit from enhanced operational and technical efficiency through comprehensive outsourcing options.

By leveraging the strengths of both partners, Finastra and TIM Corp can empower local banks to embrace digital transformation and improve operational efficiency, driving sustainable growth and innovation in the region. **Unlocking the Potential of Open Finance**
Finastra’s vision is to accelerate the future of Open Finance through technology and collaboration. The partnership between Finastra and TIM Corp represents a significant step forward in delivering sustainable growth and innovation for clients in the Philippines. **Empowering Local Banks**
The partnership between Finastra and TIM Corp aims to empower local banks in the Philippines with cutting-edge treasury solutions, backed by robust managed services capabilities. By leveraging the strengths of both partners, Finastra and TIM Corp can enhance operational efficiency and drive sustainable growth and innovation in the region. **Key Partners**
* Finastra
* TIM Corp
**Contact Information**
For more information about Finastra and TIM Corp, please visit their websites:
* Finastra: finastra.com
* TIM Corp: timcorp.net.ph/
**Logo**
The logo for Finastra and TIM Corp can be found at:
* Finastra: https://mma.prnewswire.com/media/1916021/5260377/FINASTRA_Logo.jpg
* TIM Corp: https://timcorp.net.ph/
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