The software specialist for banking and finance
Temenos Group AG (SIX: TEM), headquartered in Geneva, is a market leading software provider, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace.
Temenos only creates software for banking and finance. And we've been doing it for more than 20 years. This makes us true specialists with deep domain knowledge and razor-sharp focus. We place our clients at the core of what we do. Everything starts and stops with our clients' goals – we can't meet our goals without meeting theirs.
Over 2,000 firms across the globe, including 38 of the top 50 banks, rely on Temenos to process the daily transactions of more than 500 million banking customers.
Temenos is the leader in its market. In 2015, Temenos topped both the Forrester and IBS Intelligence league tables for sales of mission-critical software for the banking and finance industry (See IBS Intelligence's 2015 core banking systems league table and Forrester's "Global Banking Platform Deals 2015".)
Today, Temenos is the fourth-largest software company in Europe, with profits of over USD130m and a market capitalization of more USD3bn.
We pride ourselves on seeing things differently from everyone else. We embody a culture of openness and meritocracy that allows us to attract the best people and to set them free to make things happen. This culture is at the root of the company's pioneering record on innovation
Temenos employs over 4,000 people representing more than 70 nationalities across more than 50 offices
Ecosystems for growth
We strongly believe in the importance of collaboration to achieve growth and the best customer outcomes.
You can see evidence of this in our large ecosystem of partners. We partner with other firms for various reasons, such as to give our clients access to a large pool of system integration resources as well as choice over the technology platforms they run.
In addition, we open up our software to third parties to foster innovation. The Temenos Marketplace is our digital store where clients can browse, discover, download and deploy an ever-growing range of apps. These apps are developed by Marketplace providers using more than 11,000 APIs and business events that we make available to them.
Unrivalled customer success
We make packaged and upgradable software. We commit to spending 20% of our sales annually on R&D. As such, our software gets functionally richer and more technologically advanced with every new release.
Temenos customers significantly outperform their peers. Over the period 2008-2014, Temenos clients enjoyed on average a 31% higher return on assets, a 36% higher return on equity and an 8.6 percentage point lower cost to income than financial institutions running legacy software.
The benefits of using modern software are clear. Temenos customers are more agile, able to offer more personalized products and services, to operate at lower unit costs, to react quicker to market opportunities and to manage risk better.
Temenos customers enjoy stronger operating metrics than their peers: on average, a 42% higher return on capital, a 32% higher return on assets and an 8.1 point lower cost-to-income ratio than that of banks still running legacy software.
Temenos is the clear leader in its market. In 2014, Temenos topped both the Forrester and IBS Intelligence league tables for sales of mission-critical banking software (See IBS Intelligence’s 2014 core banking systems league table and Forrester’s “Global Banking Platform Deals 2014”.)
More than 500 million banking customers rely on Temenos software for their daily needs.
Temenos makes a clear customer promise. We commit to serving only one industry and to investing more than our peers on research and development. We keep to principles of re-use, openness and technology agnosticism, and we will continue to lead through innovation – making our products better, faster, easier to install, easier to use and easier to integrate with other systems. In so doing, we will continue to deliver the best levels of customer success in the industry.