Finastra strengthens AI capabilities with new Centre of Excellence and Leadership Appointment

Finastra strengthens AI capabilities with new Centre of Excellence and Leadership Appointment

Artificial Intelligence is creating new opportunities across the financial services industry, helping institutions improve efficiency, insight and decision-making.

At Finastra, AI initiatives are already underway across engineering and product development to internal operations and customer-facing initiatives, helping teams work smarter and enabling new ways to support financial institutions around the world.

As these efforts continue to expand, Finastra is taking the next step to coordinate and scale its work in this area. 

The company announced the establishment of a centralised AI Centre of Excellence (COE) and the appointment of Chris McClellen as SVP, Group Head of AI, reporting to Chief Technology Officer Mike Stawchansky, to lead the initiative.

The AI Centre of Excellence will bring together expertise from across Finastra to help coordinate AI initiatives, share best practices and accelerate innovation across the organisation.

“AI presents an important opportunity for the financial services industry and Finastra has already built a strong foundation of work across the company,” said McClellen. “I’m excited to help bring these efforts together, build on that progress and support the continued development of AI capabilities across the organisation.”

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