Archive

Forrester

Global Banking Platform Deals 2008: Setting The Stage In A Maturing Market, May 2009

Forrester Research has named TEMENOS a ‘Global Power Seller’ in its May 2009 report. The new study suggests that two vendors, one being Temenos, are set to continue to dominate the core banking technology market, as smaller rivals fall by the wayside and banks take a cautious approach to vendor selection in a consolidating market. The survey found that Temenos was able to, ‘stabilise its success on the level of 2007, whereas other vendors participating in both the 2007 and 2008 surveys showed fewer deals in 2008’.
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The Forrester Wave™: Core Banking Suites (Q1 2007), January 2007

Temenos “…offers the strongest overall core banking functionality, without particular functional weak spots. Temenos also scored best on international versatility: If a bank needs a strong core banking solution that can comprehensively support multiple languages and character sets in terms of presentation and storage or that needs a strong Islamic banking offering, Temenos is one of the core banking vendors to short-list…” 
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Celent 

Commercial Lending: Global Trends and the Systems that Enable Them, Dec 2006

“T24 was a best of suite solution that has surprising breadth of functionality as well as a large installed customer base using the product for commercial lending.”

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IDC

Core-banking IT solutions: are banks moving away from homemade systems? May 2003

"The replacement of core banking solutions remains at the top of banking executives' priorities. The presence of large legacy systems is at the same time a major driver for new investments in this area, as well as a major constraint, as replacing the existing infrastructure is complex and involves some risks. But it is also clear that those embracing these changes will visibly enhance their efficiency and ultimately achieve a competitive advantage in terms of lower costs and higher services." 
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Gartner

International Retail Core Banking Magic Quadrant report, July 2009

Temenos has been positioned by Gartner, Inc. in the Leaders Quadrant. Don Free, Principal Research Analyst, Gartner, comments in the report: “Although the economic downturn has had an impact on the booming retail banking market of years past, international retail core banking (IRCB) systems is increasingly the focus of banks searching for competitive advantage across multiple geographies.” Moreover, “the technology evolution to services-enabled, component-based core solutions that promise to enhance business agility is gaining momentum, and many banks are viewing this time of industry turmoil as an opportunity to gain traction in their respective markets.”
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TEMENOS GLOBUS™ Universal Core Processing, January 2003

"TEMENOS GLOBUS™ is a modular universal core banking system that delivers real time, multilanguage and multicurrency retail and commercial banking applications that operate on multi-channel platforms." 
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Datamonitor

Corporate Banking Core Systems Strategies, December 2002

"The use of industry standards as an application framework, such as J2EE, allows banks not to be dependent on a particular vendors. It also simplifies integration in deploying additional applications." 
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Wealth Management Technology in Europe, December 2002

"TEMENOS is undoubtedly now positioned as one of the dominant players in the European wealth management core systems space". 
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