FINASTRA INTERNATIONAL LIMITED

1. FINASTRA INTERNATIONAL LIMITED 2017-07-12 → present
2. MISYS INTERNATIONAL BANKING SYSTEMS LIMITED 2001-09-28 → 2017-07-12
3. MIDAS-KAPITI INTERNATIONAL LIMITED 1995-11-03 → 2001-09-28
4. ACT INTERNATIONAL LIMITED 1994-03-23 → 1995-11-03
5. BIS BANKING SYSTEMS INTERNATIONAL LIMITED 1987-01-13 → 1994-03-23
6. BIS SOFTWARE LIMITED 1976-12-31 → 1987-01-13
7. KINGSLEY-SMITH AND ASSOCIATES LIMITED 1970-02-02 → 1976-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company Directors are satisfied that it is appropriate to prepare the financial statements on a going concern basis, placing reliance on the letter of support, as from the perspective of the Company, its operations, risks and uncertainties are integrated with those of the Group and so having reviewed the Group's plans and available financial facilities, including the modelling of a severe but plausible downside scenario and available mitigating actions, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. The Group's projections have also been stress tested, considering performance against prior year forecasts, the impact of a plausible increase change in interest rates and a reduced cash flow conversion achievement. Specific measures if determined necessary would help preserve cash and maintain sufficient liquidity to continue operations within its going concern forecast horizon.”

Group structure

1. FINASTRA INTERNATIONAL LIMITED · parent
   1. Finance Information et Technologie S.A.S. 100% · Paris, France
   2. Finastra International GmbH 100% · Frankfurt, Germany
   3. Finastra Saudi Arabia Limited 90% · Riyadh, KSA
   4. Fundtech FSC Limited 100% · London, United Kingdom
   5. Finastra France S.A.S. 100% · Paris, France
   6. Accountis Europe Limited 100% · London, United Kingdom
   7. Halley UKCO Limited 100% · London, United Kingdom
   8. Finastra Muscat LLC 99% · Muscat, Sultanate of Oman
   9. Finastra Thailand 0.033% · Bangkok, Thailand
   10. PT Finastra International Financial Systems 1% · Jakarta, Indonesia

Significant events

• “Refinancing of External debt: On 13 September 2023, the Group of which the Company is a part of, successfully refinanced its existing credit facilities. This involved repaying $3,582,000,000 and €940,000,000 in first lien term loans, $1,245,000,000 in second lien term loans, and a $375,000,000 committed Multi-Currency Revolving Credit Facility, along with the accrued interest by entering into a new refinancing agreement consisting of $4,820,000,000 of debt and a Revolving Credit Facility ("RCF") of $500,000,000, both maturing in September 2029.”
• “LIBOR transition: On 13 September 2023, the Group successfully refinanced its external debt by borrowing in USD and switching to SOFR plus a margin as the new interest rate benchmark, thereby overcoming the challenges posed by the cessation of LIBOR.”
• “Ukraine War: There has been minimal impact on the results of the Company due to the Russian invasion of Ukraine and consequent imposition of sanctions on Russian financial institutions and Russian individuals who have significant influence on our customers.”
• “Events after the reporting date: Subsequent to the reporting date, the Finastra Limited Group experienced a leadership change with the appointment of Chris Walters as the new Chief Executive Officer, effective from 6 January 2025.”
• “Post year-end, the Finastra Limited Group management became aware that PT Finastra International Financial Systems in Indonesia, a related party, is unable to remit £3,577,658 to the Company due to the loss of supporting documentation.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +10%

  £322,376,000 → £354,743,000

• Cash

  —

  Not reported

• Net assets

  +30.3%

  £236,413,000 → £308,033,000

• Employees

  -12.4%

  573 → 502

• Operating profit

  -21.8%

  £83,708,000 → £65,452,000

• Profit before tax

  -4.3%

  £83,907,000 → £80,308,000

• Wages

  -20.6%

  £62,227,000 → £49,406,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers