Finastra’s Intelligent Routing Module aims to give banks smarter control over payments, helping them process transactions faster, reduce costs, and provide a smoother experience for customers.
Finastra, a global provider of financial services software, has introduced its Intelligent Routing Module at Sibos 2025. The new solution is designed to help banks and financial institutions process payments more efficiently by selecting the best payment route for each transaction, reducing costs, speeding up processing, and improving customer experience.
The module uses advanced algorithms to consider factors such as speed, cost, payment scheme options, and regulatory requirements, enabling optimal routing across different payment types, including mass payments, instant payments, high-value transfers, and cross-border transactions. It can function as a standalone solution or as part of Finastra’s Global PAYPlus platform.
Radha Suvarna, Chief Product Officer for Payments at Finastra, said that the solution gives banks the tools to manage payments more intelligently while meeting customers’ expectations for fast, seamless service. She noted that it provides flexibility for banks that want to integrate payment routing into their overall orchestration systems, helping them deliver efficient and customer-focused services.
The Intelligent Routing Module is built on an open, modular architecture with microservices and APIs, allowing it to be integrated into payment engines, order management systems, or initiation channels. This approach enables banks to modernize their systems without major disruptions or replacements, delivering rapid returns and minimizing risk.
Gareth Lodge, Principal Analyst at Celent, commented that smart routing offers banks a competitive advantage, providing efficiency, transparency, and improved client satisfaction, while supporting the modernization of payment systems.
Finastra, trusted by more than 8,000 customers including 45 of the world’s top 50 banks, operates in over 130 countries. The company provides solutions across lending, payments, universal banking, and treasury and capital markets, and co-innovates with customers to deliver modern, scalable financial technology.
It had earlier partnered with Circle to allow financial institutions to experiment with and roll out new stablecoin payment models that merge blockchain innovation with the reliability and reach of traditional banking.
