Temenos Announces Strong Q3 2019 SaaS ACV Growth of 164%; Total Software Licensing Growth of 15% in Q3 and 20% YTD
October 16, 2019 – Temenos, the banking software company, today reports its third quarter 2019 results.
Technology for Better Banking
We are passionate about helping financial institutions of all sizes, in all sectors, around the world, to dramatically accelerate their digital transformation.
Temenos software is proven to enable its top-performing clients to achieve industry-leading cost-income ratios of 25.2% and returns on equity of 25.0%, 2X better than the industry average. These clients also invest over 53% of their IT budget on growth and innovation versus maintenance, which is 2.5X the industry average, proving the banks’ IT investment is adding tangible value to their business.
Our products combine the richest end-to-end packaged country model bank functionality and the most advanced cloud-native, cloud-agnostic, AI and API-first technology, helping our clients go live faster, giving them the freedom to innovate and deliver personalized experiences.
With the largest global community of banks, FinTechs, developers and partners, we are bound by the belief that working together will make banking better.
End-to-end digital transformation presents banks with a trillion-dollar profit opportunity, reveals the newly launched Temenos Value Benchmark Program
Temenos today announced the first set of results from the Temenos Value Benchmark, a strategic, survey-based program providing in-depth analysis of how software capabilities impact a bank’s profitability.
Temenos, the banking software company, today announced that the acquisition of Kony Inc, the fast growing US #1 digital banking SaaS company has now closed.
In partnership with Temenos, HSBC North America launched a credit card onboarding and origination project that became an amazing success for them and their customers.
Temenos Recognized as a Leader for 10th Time in Gartner Magic Quadrant for Global Retail Core Banking
Temenos achieved the furthest position for its completeness of vision based on the company’s market understanding, sales strategy, product strategy, vertical/industry strategy, geographic strategy and innovation.
The Temenos Value Benchmark is a strategic survey-based program to discuss the business and IT metrics and best practices enabled by your investment in technology. We are delighted to invite…
The World’s #1 Banking Software
41 of top 50 banks run Temenos
#1 best-selling core banking system in the IBS League Table for the last 14 years
$ 2 BILLION
$2 billion USD cumulative R&D investment 1990-2018
233 successful deployments in 2018
#1 best-selling digital banking system in the IBS League Table in 2018 and 2019
10th consecutive year named as a leader in Gartner’s Magic Quadrant for Global Retail Core Banking
13 consecutive years as a Global Power Seller according to Forrester’s Global Banking Platform Deals Survey
#1 best-selling payments system in the IBS League Table 2019
$ 19 TRILLION
$19 trillion USD in assets managed by Temenos software
700 published APIs
500 million end users rely on Temenos for banking
4th largest European software company
3000 clients in 150 countries
6000+ Temenos-skilled partner consultants
100+ FinTechs in our MarketPlace
150+ countries on our model bank framework
Why Our Clients Choose Us
With cloud-native, cloud-agnostic and AI technology, banks elastically scale in real-time with the flexibility and resilience to run on any cloud and the access to the next generation of AI-powered explainable applications.
Richest, Front-To-Back Banking Software
For more than 25 years, we have consistently invested over 20% of our revenue into continually enhancing our packaged software, to create the richest and deepest functionality in the industry.
Deliver Personalized Customer Experiences
Convert prospects to customers at a rate 2x the competition, using analytics to continuously improve the experience across the customer journey.
Freedom to Innovate
Use Temenos Continuous Deployment (DevOps) to code in the morning and deploy in the afternoon, with over 700 open APIs and access to over 100 FinTechs.
Global Expertise, Regional Focus
We build reusable regional functionality, including regulatory compliance requirements, for over 150 countries based on our model bank framework. This helps banks go live more quickly and acts as a foundation for future innovation.
233 Temenos banks went live on our solutions in 2018 – our Build & Renovate implementation strategy dramatically reduces transformation time, cost and risk.
Corporate Social Responsibility
At Temenos, we strive to achieve our business goals with integrity and within established ethical guidelines.
Over 3,000 Banks in 150 Countries Run Temenos
Get inspired by our clients
Careers – We Are Hiring!
Thinking about your next move? Exciting career opportunities at Temenos await.