Associated tags: Temenos, Software, Cloud, Cryptocurrency, Bank, Software as a service, Professional Services, Banking, Finance, Temenos AG, Maintenance
Locations: SINGAPORE, IRELAND, AMERICAS, EUROPE, ASIA, ITALY, USA, PAKISTAN, MIDDLE EAST, VIETNAM, AFRICA, SAUDI ARABIA, PHILIPPINES, BENCHMARK, LONDON, GB, SOUTH AMERICA, SWITZERLAND, US
GENEVA, Switzerland, May 08, 2024 (GLOBE NEWSWIRE) -- Today, Temenos (SIX: TEMN) announced that Multifonds has extended its relationship with Citi Securities Services to consolidate its current regional fund accounting operation into a global operating model on Temenos Multifonds delivered as SaaS.
Key Points:
- GENEVA, Switzerland, May 08, 2024 (GLOBE NEWSWIRE) -- Today, Temenos (SIX: TEMN) announced that Multifonds has extended its relationship with Citi Securities Services to consolidate its current regional fund accounting operation into a global operating model on Temenos Multifonds delivered as SaaS.
- Citi Securities Services provides end-to-end services for asset managers globally, using Multifonds as part of its existing investment accounting platform.
- The move to a global operating model for its global fund services business and from an on-premise system to Multifonds SaaS enables Citi Securities Services to manage its business across multiple geographies and asset classes efficiently on a single platform which includes delivering fund accounting services earlier in the day across all time zones.
- Citi's Global Head of Securities Services, Okan Pekin, commented: “The move to SaaS for our global fund services business enables Citi Securities Services to deliver global consistency in our client delivery as we continue to drive our data strategy forward and move to the cloud for core products and processes.”
Oded Weiss, Managing Director - Multifonds, Temenos, said: “We have been partnering with Citi Securities Services for over 20 years.
GENEVA, Switzerland, March 18, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) has been awarded Best Customer Service & Experience Technology for Temenos Digital (Infinity) at the FSTech 2024 Awards. Temenos also won Technology Provider of the Year at the prestigious industry awards celebrating excellence and innovation in the financial services sector.
Key Points:
- GENEVA, Switzerland, March 18, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) has been awarded Best Customer Service & Experience Technology for Temenos Digital (Infinity) at the FSTech 2024 Awards .
- Temenos also won Technology Provider of the Year at the prestigious industry awards celebrating excellence and innovation in the financial services sector.
- With Temenos Digital, banks can deliver the same kind of responsive experience as e-commerce brands and keep ahead of changing customer expectations.
- Temenos Infinity is part of the Temenos banking platform, and its capabilities can be consumed separately or together with other Temenos banking capabilities.
GENEVA, March 05, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that it has been named a Leader in two US flagship reports – the IDC MarketScape: North American Small Business Lending Customer Experience Solutions 2023-2024 Vendor Assessment and the IDC MarketScape: North American Small Business Lending Decisioning Platforms 2023–2024 Vendor Assessment [1].
Key Points:
- GENEVA, March 05, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that it has been named a Leader in two US flagship reports – the IDC MarketScape: North American Small Business Lending Customer Experience Solutions 2023-2024 Vendor Assessment and the IDC MarketScape: North American Small Business Lending Decisioning Platforms 2023–2024 Vendor Assessment [1].
- Both IDC MarketScapes evaluated 11 technology vendors in the small business lending segment, which includes any secured or unsecured loan provided to a small business owner, except for mortgage-related products.
- To be considered a Leader, vendors must be able to address most small business lending needs of any North American institution and support several use cases consistent with providing a complete end-to-end small business banking solution.
- [1] IDC MarketScape: North American Small Business Lending Customer Experience Solutions 2023-2024 Vendor Assessment (doc # US49787323, November 2023) and the IDC MarketScape: North America Small Business Lending Decisioning Platforms 2023–2024 Vendor Assessment (doc # US49787523, November 2023).
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Tuesday, February 20, 2024
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN), today announced that Commerce Bank, a top US bank, has gone live with Temenos’ (Infinity) loan origination solution , increasing operational efficiency and delivering a frictionless, hyper-personalized customer experience.
Key Points:
- NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN), today announced that Commerce Bank, a top US bank, has gone live with Temenos’ (Infinity) loan origination solution , increasing operational efficiency and delivering a frictionless, hyper-personalized customer experience.
- In 2022, the bank migrated over 2.5 million customers and 6.9 million accounts to the Temenos platform.
- Temenos (Infinity) Loan Origination offers powerful decisioning, highly customizable applications, dynamic features, and extensive third-party integrations.
- With Temenos (Infinity) Loan Origination, Commerce has been able to automate the process with increased digitization to eliminate paper processes, improve reliability and drive end-to-end product origination process down to 5 minutes or less.
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Tuesday, February 20, 2024
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN), today announced that Commerce Bank, a top US bank, has gone live with Temenos’ (Infinity) loan origination solution , increasing operational efficiency and delivering a frictionless, hyper-personalized customer experience.
Key Points:
- NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN), today announced that Commerce Bank, a top US bank, has gone live with Temenos’ (Infinity) loan origination solution , increasing operational efficiency and delivering a frictionless, hyper-personalized customer experience.
- In 2022, the bank migrated over 2.5 million customers and 6.9 million accounts to the Temenos platform.
- Temenos (Infinity) Loan Origination offers powerful decisioning, highly customizable applications, dynamic features, and extensive third-party integrations.
- With Temenos (Infinity) Loan Origination, Commerce has been able to automate the process with increased digitization to eliminate paper processes, improve reliability and drive end-to-end product origination process down to 5 minutes or less.
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Friday, February 16, 2024
According to the study, “ Challenging the challengers: Europe’s banks face the competition ”, almost half (43%) are investing in fintech start-ups and a third (36%) are building their own greenfield digital bank or fintech company.
Key Points:
- According to the study, “ Challenging the challengers: Europe’s banks face the competition ”, almost half (43%) are investing in fintech start-ups and a third (36%) are building their own greenfield digital bank or fintech company.
- European banks are also migrating core banking systems to public cloud and SaaS in greater numbers than their counterparts in other regions.
- The report reveals European banks are more likely to view neobanks as their company’s biggest competitors in the next five years compared to other regions.
- The company also recently announced Temenos LEAP , a new AI-powered offering that helps banks modernize faster to the latest cloud-native Temenos technology.
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Tuesday, February 13, 2024
Cloud,
Software,
Platinum,
ESG,
CSA,
Carbon,
DJSI,
Software as a service,
Dow Jones,
LEAP,
Artificial intelligence,
Pressure GENEVA, Switzerland, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) has been recognized again as a global sustainability leader according to the most reputable ESG ratings. The company achieved the top score in the Software industry for the second year running in the 2023 Dow Jones Sustainability Indices (DJSI) and was the only company in the industry awarded top 1% distinction in the S&P Global Sustainability Yearbook for 2024. Temenos was also classified as low risk in Sustainalytics ESG Risk Rating Report, while retained its platinum medal by EcoVadis for its sustainability performance.
Key Points:
- GENEVA, Switzerland, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) has been recognized again as a global sustainability leader according to the most reputable ESG ratings.
- Temenos was also classified as low risk in Sustainalytics ESG Risk Rating Report, while retained its platinum medal by EcoVadis for its sustainability performance.
- Temenos recently announced LEAP , a new AI-powered offering that helps banks modernize faster and to seamlessly and quickly move to the latest cloud-native Temenos technology.
- Kalliopi Chioti, Chief Marketing and ESG Officer, Temenos, said: “Temenos is leading the transition to SaaS and a more sustainable banking industry.
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Thursday, February 8, 2024
Cloud,
Growth,
ESG,
KPI,
NPS,
IDR,
Core banking,
API,
Tree,
Trust,
Digital banking,
Risk,
Fitch Ratings,
Software as a service,
LEAP,
Dow Jones,
Cryptocurrency GENEVA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that it has achieved a market-leading Net Promoter Score (NPS) of +54 following a survey of over 900 customer contacts.
Key Points:
- GENEVA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that it has achieved a market-leading Net Promoter Score (NPS) of +54 following a survey of over 900 customer contacts.
- NPS, an industry standard KPI, measures the propensity of customers to promote Temenos to prospective customers.
- The score is reflective of Temenos’ status as the most trusted banking platform provider and leading position in the industry driving customer success and business growth.
- Banks are putting their trust in Temenos to run their mission critical business as its banking platform has proven its robustness and resilience over the years.
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Wednesday, January 17, 2024
Cloud,
Development,
Architecture,
API,
Operation,
Software as a service,
AI,
STP,
Organization,
TLC,
Retirement,
Automation,
LEAP,
Growth LEAP gives Temenos core banking clients using older solutions the opportunity to modernize by moving seamlessly and quickly to a new, advanced, API-driven, cloud-native architecture.
Key Points:
- LEAP gives Temenos core banking clients using older solutions the opportunity to modernize by moving seamlessly and quickly to a new, advanced, API-driven, cloud-native architecture.
- Temenos’ modern platform makes it easier to expand into new sectors and markets, stay ahead of competitors and ultimately take advantage of the benefits of Temenos Banking Cloud and SaaS.
- In addition, it gives banks access to the large Temenos Exchange ecosystem of partners, and an easier and customizable user experience.
- Compared to traditional upgrade projects, Temenos LEAP enables banks to modernize in just months, using the power of AI, and ready-to-use service packages, supported by extensive training enabled by the Temenos Learning Community (TLC).
GENEVA, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that William Moroney has been promoted to President International and joins the Executive Committee, with immediate effect. Philip Barnett, President Americas and member of the Management Board is also promoted to the Executive Committee. They both report to Temenos CEO Andreas Andreades.
Key Points:
- William Moroney is being promoted from his previous role as Managing Director for Middle East & Africa at Temenos, where he had significant success driving growth, exceeding the regional business and revenue targets.
- He brings over 25 years of senior sales and sales leadership experience, having joined Temenos in 2020.
- Philip Barnett is a seasoned business leader who has been with Temenos since 2003 and has held a number of senior leadership positions.
- Philip is a proven leader, committed to Temenos, with a highly successful track record in sales, business operations and leadership focused on high growth.
