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 59 offices worldwide, Temenos is proven in over 1,500 customer deployments in more than 140 countries across the world.
According to IBS Intelligence, which maintains an annual league table, Temenos T24 was ranked the number one bestselling core banking solution for 2012, having been in one of the top two places for the past 14 years.
In 2012, Forrester named Temenos as a “Global Power Seller” for new named clients, the 8th consecutive year that Temenos has achieved this accolade. Forrester also named Temenos as a “Top Global Player”, which takes account of both new and extended business deals. Temenos was the only vendor to be named as both a “Global Power Seller” and “Top Global Player”.
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.
1. The Banker – top 1000 banks 2009: average values for Temenos customers compared to average values for non-Temenos customers.