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Tech Mahindra acquires Finastra's cash management division
·Source: Finextra
Updated:
Executive Summary
Tech Mahindra (NSE: TECHM), a leading provider of AI-powered digital transformation and technology consulting solutions to enterprises across industries, has acquired Finastra’s Cash Management product suite, comprising Fusion Cash Management (FCM), Fusion Virtual Accounts (FVA) and Fusion Liquidity Management (FLM).
Analysis
Tech Mahindra (NSE: TECHM), a leading provider of AI-powered digital transformation and technology consulting solutions to enterprises across industries, has acquired Finastra’s Cash Management product suite, comprising Fusion Cash Management (FCM), Fusion Virtual Accounts (FVA) and Fusion Liquidity Management (FLM).