Industry Analyst Reports
Forrester
Global Banking Platform Deals 2010: Regions, May 2011
For the 6th consecutive year, Temenos has been named as a ‘Global Power Seller’ in Forrester’s annual report detailing Global Banking Deals, achieving the highest number of new named deals. The report also reiterates the global presence of Temenos in the Core Banking space, appearing in the top 3 in 5 of the regional breakdowns. Read More
Global Banking Platform Deals 2009: Regions And Functionality, August 2010
Once more, Forrester has named Temenos as a ‘Global Power Seller’ in the annual report of Global Banking Deals. The report reaffirms previous suggestions that Temenos will continue to dominate the core banking technology market, supported by Temenos leading deals in 2 geographic regions. Read More
Gartner
Gartner Magic Quadrant 2011 International Retail core Banking, September 2011
In the latest publication of the industry recognised Gartner Magic Quadrant for retail banking, Temenos continues to be positioned in the ‘leaders’ quarter. Principal Research Analyst, Don Free of Gartner comments “Although uncertainty lingers about the relative health of the banking industry, bank CEOs are steadfastly shifting from post-recessionary caution to a posture of growth. As banks reassess their capacity to support this shift in business focus, it's clear that technology is in the cross hairs to serve as the catalyst for growth”.
Providing additional support to the strength of Temenos implementations he states, “Given the breadth of T24 functionality, strategic componentized development efforts should pay off in shorter and higher-quality implementation cycles.” Read More
Gartner Magic Quadrant 2010 International Retail Core Banking, September 2010
Temenos remains in the highly respected ‘leaders’ quarter in the most recent iteration of the industry renown Magic Quadrant. Principal Research Analyst, Don Free of Gartner comments “IT cost optimization dominated bank investment agendas again during the past year, but most banks considering core banking replacement are not postponing these strategic programs”. Supporting the current Temenos position he continues, “Temenos attained a Positive rating and tied for the highest place on the Gartner Financial Rating Score index“. Read More
Gartner has recently published its first Magic Quadrant (MQ) for the Treasury and Trading Core Systems (TTCS) market. The TTCS MQ captures the major, global system providers which offer functionality to support the treasury and trading operations of financial institutions. Click here to read more.
Celent
Core Banking Solutions for Large Credit Unions, June 2011
Temenos was presented an award as part of a recent report from Celent which provided a vendor landscape on Solutions for Credit Unions; the awards are given to the leading solutions within four categories, with Temenos scooping the award for Service. Bart Narter, Senior Vice President Banking of Celent states “Temenos provides a wide array post-implementation management consulting, training, and continuous system monitoring through its R&D team, especially with Canadian credit unions.” Read More.
Big Leagues Table 2010; Global Core Banking Sales Ranking, May 2010
Temenos continued its strong Banking presence with high ranking in the latest Celent report. Within the report Bart Narter, Senior Vice President Banking, states “Temenos has been traditionally strong in the Western European market, with notable presence in Asia and Africa. In 2009, Temenos ranked second in the Big Leagues Table, with a sizable lead over its next competitor.” Read More
Datamonitor / Ovum
Solution Guide to International Retail Banking Core Systems, February 2011
Temenos has been positioned in the ‘shortlist’ category by Ovum in its Solution Guide to International Retail Core Systems report. The report evaluates banking technology vendors describes shortlist candidates as "leading solutions that we believe are worthy of a place on most technology selection shortlists. The vendor has established a commanding market position with a complete offering to address overall market requirements with strong technology capability".
Daniel Mayo, Principal Analyst, Financial Services Technology at Ovum and author of the report commented “The vendor consistently strong across the majority of the sub-criteria (of Market Impact). The vendor benefits here from its dedicated primary focus on the banking core system market, pan-regional reach and presence, and a good partnership network that have all helped it to maintain market growth in the post-financial crisis landscape." Read More
Aite
Evaluating the Vendors of Global Core Banking Systems: Seeking New Opportunities in Emerging Countries, October 2010
In a new report written by Aite, Temenos was presented 2 vendor awards for the T24 solution; “Leaders of the Pack”, and “Best User Interface”. Author Christine Barry, research director for Aite group commented on the User Interface “While already easy to use, this system (T24) is currently going through further enhancements that will add better graphical capabilities, more pivot tables, and a more user-driven experience.” Read More