en.Wedoany.com Reported - Maldives Premier Bank (MPB) has selected Finastra's financial messaging API solution to drive the digital transformation of its international banking operations. The bank will adopt Finastra's modern financial messaging platform, gaining round-the-clock Swift connectivity and leaving room for future expansion through the same platform to integrate alternative payment rails, market infrastructure, and value-added services such as fraud protection and sanctions screening.

Finastra, a global provider of financial services software, offers an API-first integration approach that provides MPB with seamless Swift access, covering implementation, testing, certification, and go-live support. The platform features a flexible and resilient architecture designed to accommodate transaction volume growth and support the future inclusion of additional value-added solutions and market infrastructure connections.

"As a newly established bank, we sought a mature, Swift-certified vendor capable of providing a complete end-to-end access process while ensuring secure and resilient connectivity," said Arah Sadava, CEO of Maldives Premier Bank. "Finastra's flexible architecture and API-driven approach will support our growth, enabling us to expand connections with other payment infrastructures over time."

Barry Rodrigues, Executive Vice President of Payments at Finastra, noted that the platform supports future interoperability with over 30 market infrastructures and payment rails, including alternative cross-border providers, making it a preferred connectivity platform for growth-focused banks. Finastra's financial messaging API provides a unified interface for real-time access to financial messaging services and market infrastructure, currently connecting to Swift with the ability to expand to non-Swift market infrastructures over time.

Finastra stated that its products are trusted by thousands of customers across more than 100 countries and, with the support of Vista Equity Partners, collaborate with financial institutions to deliver modern, reliable technology.

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