FF News Logo
Saturday, June 13, 2026
Finastra x FF News

Exela Signs with Europe’s Largest Financial Enterprise in Multi-Year Deal

Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) has signed a multi-year license deal with Finanz Informatik (“FI”), the IT service provider of the Savings Banks Finance Group, a financial institution with approximately $3.5 trillion in assets, 300,000 employees and 67 million customers. Since 2006, Exela has been helping FI on its digital journey primarily with their Core Banking System, OS Plus.

The latest project will enable a standard, comprehensive end to end solution replacing many of the local solutions developed over the years. Exela will introduce Digital Mailroom and the AI-based distribution and process control will be carried out by Plexus CaseVision. The project is valued at a TCV of several million USD over the next few years.

“FI is one of the most important leaders in IT banking infrastructure and its commitment to implement Exela’s holistic solution embracing AI is a testament to our technology and service capability. We are proud that FI chose to partner with us,” said Vitalie Robu, President of Exela, EMEA.

People In This Post

Companies In This Post

  1. TradeStation Expands into Europe, Unlocking Full U.S. Trading Experience for Retail and Institutional Investors Read more
  2. ING Hires Aled Patchett to Lead UK Sector Strategy Read more
  3. Prosci: Mitigating Human-Side Friction: Deploying Research-Backed Change Management and Executive Coaching Rails Read more
  4. MNP and Caseware Partner to Build the Future of Agentic Audit Read more
  5. Driving Sustainable Profit in Fintech with Torus, payabl., and Raiffeisen Bank International Read more
FTT AI Transformation x FFnews