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Finastra
3.8
based on 529 Reviews
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Company Overview
Company Locations
Working at Finastra
Company Summary
Finastra is one of the largest fintech companies in the world, offering the broadest portfolio of solutions for financial institutions of all sizes.
Overall Rating
3.8/5
based on 529 reviews
3% above
industry average
Highly rated for
Work-life balance, Company culture
Critically rated for
Promotions
Work Policy
Hybrid
77% employees reported
Monday to Friday
96% employees reported
Flexible timing
87% employees reported
No travel
78% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
51 employees reported
Cafeteria
48 employees reported
Job/Soft skill training
45 employees reported
Office cab/shuttle
16 employees reported
View all benefits
About Finastra
Founded in2017 (8 yrs old)
India Employee Count1k-5k
Global Employee Count10k-50k
HeadquartersPaddington, London, United States (USA)
Office Locations
London
|
Websitefinastra.com
Primary Industry
Other Industries
View in video summary
At Finastra, we are a dynamic global provider of open finance software solutions, dedicated to expanding access to financial services. Since our launch in 2017, we've been on a mission to revolutionize the financial world with cutting-edge software and strategic partnerships.
Mission: Our team members are the heartbeat of our organization, and we pride ourselves on creating an environment that fuels career development, innovation and growth. Are you a recent graduate eager to make your mark, or an experienced professional ready for your next big challenge? At Finastra, you will play a pivotal role in developing and launching software solutions that will keep us at the forefront of FinTech industry.
Vision: We're passionate about fostering a culture of continuous learning and development. Imagine having access to a treasure trove of training programs and resources designed to sharpen your skills and keep you ahead in the exhilarating world of FinTech. Whether you're looking to become an expert in a niche area or excited to explore new career paths, we've got the support and opportunities you need to achieve your dreams.
Our career development initiatives are anything but ordinary. Think mentorship programs with industry leaders, transformative leadership training, and pathways to earning coveted industry certifications. We believe in growing talent from within and know that by investing in your growth, we're empowering you to soar to new heights and make a real impact at Finastra.
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Finastra Ratings
based on 529 reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
181
4
172
3
88
2
28
1
60
Category Ratings
3.9
Work-life balance
3.8
Company culture
3.6
Salary
3.5
Skill development
3.5
Work satisfaction
3.4
Job security
3.1
Promotions
Finastra is rated 3.8 out of 5 stars on AmbitionBox, based on 529 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Finastra
based on 509 reviews
3.9
Rated by 159 Women
Rated 3.9 for Company culture and 3.8 for Work-life balance
3.8
Rated by 350 Men
Rated 4.0 for Work-life balance and 3.8 for Company culture
Work Policy at Finastra
based on 62 reviews in last 6 months
Hybrid
77%
Permanent work from home
18%
Work from office
5%
Finastra Reviews
Top mentions in Finastra Reviews
+ 5 more
Compare Finastra with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.8/5 based on 529 reviews | 3.5/5 based on 3k reviews | 4.2/5 based on 1.8k reviews | 3.9/5 based on 1.9k reviews |
Highly Rated for | Work-life balance Company culture | No highly rated category | Work-life balance Company culture Job security | Work-life balance Company culture Skill development |
Critically Rated for | Promotions | Promotions Salary Job security | No critically rated category | Promotions |
Primary Work Policy | Hybrid 77% employees reported | Work from office 78% employees reported | Hybrid 71% employees reported | Hybrid 60% employees reported |
Rating by Women Employees | 3.9 Good rated by 159 women | 3.5 Good rated by 863 women | 4.2 Good rated by 436 women | 3.9 Good rated by 483 women |
Rating by Men Employees | 3.8 Good rated by 350 men | 3.4 Average rated by 2k men | 4.2 Good rated by 1.2k men | 4.0 Good rated by 1.2k men |
Job security | 3.4 Average | 3.3 Average | 4.1 Good | 3.4 Average |
View more
Finastra Salaries
Finastra salaries have received with an average score of 3.6 out of 5 by 529 employees.
Senior Software Engineer
(334 salaries)
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₹9.1 L/yr - ₹31.1 L/yr
Software Engineer
(333 salaries)
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₹5.4 L/yr - ₹16.7 L/yr
Associate Software Engineer
(167 salaries)
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₹5 L/yr - ₹10 L/yr
Expert Software Engineer
(94 salaries)
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₹14 L/yr - ₹40 L/yr
Senior QA Engineer
(86 salaries)
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₹7 L/yr - ₹25 L/yr
QA Engineer
(85 salaries)
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₹4.5 L/yr - ₹12.8 L/yr
Senior Technical Consultant
(69 salaries)
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₹6.9 L/yr - ₹23 L/yr
Software Developer
(52 salaries)
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₹7.1 L/yr - ₹16 L/yr
Senior Business Consultant
(51 salaries)
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₹12.9 L/yr - ₹28 L/yr
Senior Systems Engineer
(48 salaries)
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₹6.7 L/yr - ₹20.5 L/yr
Finastra Interview Questions
A Performance Tester was asked Q. What is performance engineering? Explain in detail.
An Associate Technical Engineer was asked Q. How do you troubleshoot a computer booting-up issue?
A Senior Business Consultant was asked Q. How does a bank treat the Accounting Entries after activities such as ...read more
A Software Developer was asked Q. When should you use StringBuilder instead of String?
A QA Engineer was asked Q. Can you provide some real-life examples of testing scenarios?
Finastra Jobs
Current Openings
Finastra News
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Finastra’s Filogix Boosts Gen AI Capabilities to Empower Mortgage Brokers
- Finastra introduces new Gen AI capabilities for its Filogix Expert Pro Canadian mortgage software to drive efficiencies and reduce manual errors in the lending process.
- The enhancements save brokers time by reducing keying tasks and contribute to faster delivery of services.
- New features like Pro Chatbot provide real-time answers for mortgage professionals to streamline workflow and enhance productivity.
- Auto Emails feature creates automated email drafts with suggested content for borrowers, improving communication efficiency.
- Auto Email Summary tool summarizes email exchanges between brokers and clients, offering a concise view of important points and suggesting relevant actions.
- Document Data Extraction function extracts key data points from income and property documents, saving time and improving data accuracy.
- Increased adoption of AI in financial institutions, with 35% implementing generative AI (Gen AI), shows the evolving technology landscape and its value proposition.
- Finastra aims to leverage large language models (LLMs) and domain expertise to deliver value through technologies like Gen AI in Filogix.
Global Fintech Series | 17 Jun, 2025
Why the “Boring” Parts of Lending Need a Makeover
- Corporate banks are facing increasing complexity in risk environments due to economic uncertainty and exchange rate volatility.
- Financial fragmentation is raising funding costs and constraining lending for banks.
- Technology, particularly AI and automation, is crucial for banks to navigate this complexity.
- Innovation in corporate banking has focused more on the front-end of the loan life cycle, neglecting back-end servicing processes.
- Outdated loan servicing systems introduce delays, operational risks, and limit visibility in modern banking.
- Structural inefficiencies in loan servicing pose risks that lenders can't ignore in the fast-paced financial landscape.
- Outdated servicing models restrict banks in responding to changing customer expectations and market demands.
- Efficient loan servicing is crucial for banks to scale operations, manage risks, and streamline workflows effectively.
- Automation in loan servicing is no longer optional, especially for managing high volume bilateral and SME loans.
- Finastra's Loan IQ Simplified Servicing solution is an example of innovative platform aiding banks in managing loan portfolios efficiently.
- Real-time loan servicing agility will be a significant differentiator for banks in the Asia Pacific region amid macroeconomic challenges.
Fintechnews | 16 Jun, 2025
Finastra Sells Treasury Business to Private Equity Firm Apax
- Finastra is selling its treasury and capital management business to private equity firm Apax Partners, marking an important milestone for the company.
- The sale will enable Finastra to focus on its core business and reinvest in strategic growth initiatives.
- The treasury unit works with over 340 financial institutions to assist with risk management, regulatory compliance, and capital markets operations.
- Treasurers are adopting dynamic forecasting models and exploring alternative financing options to manage liquidity in uncertain times.
Pymnts | 20 May, 2025
Finastra to Sell Treasury and Capital Markets Unit to Apax Funds
- Finastra has agreed to sell its Treasury and Capital Markets (TCM) business unit to funds advised by Apax Partners LLP.
- Upon completion of the sale, the TCM division will operate as an independent company under a new brand.
- The sale aims to streamline Finastra's portfolio and generate capital for reinvestment in its core financial services software business.
- The transaction with Apax Funds is expected to close in the first half of 2026, pending customary closing conditions.
Fintechnews | 19 May, 2025
MindBridge Appoints Thierry Truche as Senior Vice President and General Manager to Accelerate Enterprise Expansion
- Thierry Truche appointed as Senior Vice President and General Manager of MindBridge's Enterprise Business Unit to accelerate enterprise expansion.
- Truche brings over 20 years of experience in scaling fintech and SaaS businesses, with previous roles at Kyriba, Misys, and Thomson Reuters.
- His expertise in product innovation and global SaaS growth aligns with MindBridge's mission to provide AI insights to financial professionals.
- Truche will focus on advancing go-to-market strategy, strengthening customer partnerships, and scaling MindBridge's enterprise business in his new role.
Global Fintech Series | 30 Apr, 2025
Finastra launches Transformation Service to support multiple messaging standards, including ISO 20022
- Finastra has launched a Transformation Service to support multiple messaging standards, including ISO 20022.
- The service enables the translation of MT formatted messages to the new ISO 20022 MX messaging standard, helping customers comply with Swift's November 2025 deadline for CBPR+ rules.
- Finastra's Transformation Service is extensible to various message standards and is available as an API-based microservice within the Finastra Financial Messaging platform.
- The service provides flexibility for strategic planning, stays up to date with market standards, and is validated as a Swift Compatible Interface and CBPR+ ready.
Global Fintech Series | 30 Apr, 2025
Finastra and TIM Corp team up to transform treasury solutions in the Philippines
- Finastra and Total Information Management Corporation (TIM Corp) have announced a strategic partnership in the Philippines.
- This collaboration aims to elevate treasury service challenges by introducing a cloud-based treasury management solution.
- The partnership will provide seamless cloud transformation, scalability, and flexibility, along with comprehensive outsourcing options.
- The partnership enhances Finastra's ability to support regional banks with tailored solutions and reinforces their commitment to innovation and collaboration.
Global Fintech Series | 10 Apr, 2025
Finastra Teams Up with SmartStream to Enhance Collateral Workflows for Banks
- SmartStream has formed a strategic partnership with Finastra to expand collateral management capabilities for financial institutions.
- The partnership is aimed at supporting banks in managing collateral workflows and navigating increasingly complex regulatory requirements, particularly with the continued growth of over-the-counter derivatives.
- The combined solution is designed to streamline operations, improve data accuracy, and support compliance across multiple business lines.
- The system offers a high degree of automation and straight-through processing for collateral flows between counterparties and can be tailored to meet specific regulatory and operational needs.
Fintechnews | 7 Apr, 2025
SmartStream Partners With Finastra to Provide a Complete Collateral Management Workflow
- SmartStream has partnered with Finastra to extend collateral management workflows across Treasury and Capital Markets, with a focus on MEA and APAC regions.
- SmartStream's TLM Collateral Management solution was selected for its functionality, user interface, integration capabilities with Finastra's solutions.
- The partnership provides an enhanced and complete collateral management workflow by integrating SmartStream's solution with Finastra's Kondor and Opics treasury management solutions.
- The solution offers seamless integration, automation, and supports compliance with evolving regulatory demands and increased margin call activity.
The Fintech Times | 5 Apr, 2025
Finastra introduces enhancements to LaserPro, adds customer benefits to the cloud solution
- Finastra, a global provider of financial software applications, has enhanced its cloud-based loan document preparation system, LaserPro.
- The enhancements include the integration of AI Assistant for answering user questions, improved small business administration program loan management, geocoding for enhanced data accuracy, and advanced additional provisions for streamlined document management.
- More than 75 banks and credit unions have migrated to LaserPro's cloud model, benefiting from the new features and experiencing fast migration times.
- Financial institutions see the cloud solution as a way to reduce IT expenses, improve processes, and create an enhanced user experience.
Global Fintech Series | 1 Apr, 2025
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Finastra FAQs
When was Finastra founded?
Finastra was founded in 2017. The company has been operating for 8 years primarily in the Software Product sector.
Where is the Finastra headquarters located?
Finastra is headquartered in Paddington, London. It operates in 2 cities such as Bangalore / Bengaluru. To explore all the office locations, visit Finastra locations.
How many employees does Finastra have in India?
Finastra currently has more than 3,200+ employees in India. Engineering - Software & QA department appears to have the highest employee count in Finastra based on the number of reviews submitted on AmbitionBox.
Does Finastra have good work-life balance?
Finastra has a Work-Life Balance Rating of 3.9 out of 5 based on 500+ employee reviews on AmbitionBox. 67% employees rated Finastra 4 or above, while 33% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Finastra work-life balance reviews for more details.
Is Finastra good for career growth?
Career growth at Finastra is rated as moderate, with a promotions and appraisal rating of 3.1. 33% employees rated Finastra 3 or below, while 67% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Finastra promotions / appraisals reviews for more detailed insights.
What are the pros and cons of working in Finastra?
Working at Finastra comes with several advantages and disadvantages. It is highly rated for work life balance and company culture. However, it is poorly rated for promotions / appraisal, job security and work satisfaction, based on 500+ employee reviews on AmbitionBox.
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