Temenos – The Banking Software Company
Founded in 1993 and listed on the Swiss Stock Exchange (SIX: TEMN), Temenos Group AG is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions. Headquartered in Geneva and with more than 55 offices worldwide, Temenos is proven in over 1,500 customer deployments in more than 125 countries across the world.
According to IBS Intelligence, which maintains an annual league table, TEMENOS T24 has been the first or second bestselling core banking solution for the last 14 years. Forrester ranks Temenos as the sole global power seller (Global Banking Platform Deals 2011), and Temenos has been the winner every year since its launch of the Best Core Banking Product in Banking Technology magazine’s Readers’ Choice Awards.
Temenos customers are proven to be more profitable than their peers: in the period 2008-2010, Temenos customers enjoyed on average a 30% higher return on assets, a 46% higher return on capital and an 8.5 percentage point lower cost/income ratio than banks running legacy applications.
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1. The Banker – top 1000 banks 2009: average values for Temenos customers compared to average values for non-Temenos customers.