Allied Banking Corporation embraces the cloud for core operations with Finastra.

Allied Banking Corporation has completed the migration of its core banking operations to the cloud. The bank has upgraded its core banking solution from Finastra’s Equation to its next-generation Essence solution, while also implementing Finastra’s Retail Analytics solution for improved reporting capabilities. The move to cloud-based banking technology is expected to bring cost savings and increased efficiency for the bank, as well as enabling future growth. Allied Banking Corporation has had a 15-year relationship with Finastra.