Temenos – The Banking Software Company
Temenos was 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 and microfinance & community banks. Headquartered in Geneva and with more than 60 offices in 41 countries, Temenos serves over 1,000 financial institutions 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 best selling core banking solution for the last 12 years and in 2010 was the best selling solution for the fourth year in a row. Forrester ranks Temenos as one of only two global power sellers (Forrester Global Banking Platform Deals Report 2009) 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: analysis on data from The Banker1 – top 1000 banks shows that Temenos customers enjoy a 62% higher return on capital, a 54% higher return on assets and a cost/income ratio that is 7.2 points lower than non-Temenos customers.Source
1. The Banker – top 1000 banks 2009: average values for Temenos customers compared to average values for non-Temenos customers.