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    • OverviewOur industry solutions provide the richest end-to-end banking functionality with model bank capabilities for over 150 countries. They are all delivered on the most advanced cloud-native, cloud-agnostic, AI and API-first Temenos Platform and deployable on-premise, in the cloud and as a service. Temenos has helped over 3,000 clients accelerate their digital transformation by offering proven implementation strategies.
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  • Products
    • OverviewTemenos products have the richest end-to-end banking functionality with model bank capabilities for over 150 countries. They are all delivered on the most advanced cloud-native, cloud-agnostic, AI and API-first Temenos Platform and deployable on-premise, in the cloud and as a service. Temenos has helped over 3,000 clients accelerate their digital transformation by offering proven implementation strategies.
    • Digital Front OfficeTemenos Infinity is a digital banking product focused on customer experience.
    • Core BankingTemenos Transact is the next generation in core banking.
    • PaymentsTemenos Payments is a payment hub supporting traditional and real-time payments.
    • Fund AdministrationTemenos Multifonds combines investment accounting and transfer agency capabilities on a single, global platform.
    • Multiexperience Development PlatformTemenos Quantum delivers digital transformation through multiexperience solutions.
    • AITemenos AI enables smart, contextualized banking using explainable models.
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      • Financial Crime Mitigation
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    • OverviewOur products are built on the single integrated Temenos Platform using the most advanced cloud-native, cloud-agnostic, AI, API-first and DevOps technologies and tools. The platform helps banks to reduce their TCO, increase scalability and deploy rapidly on any cloud.
    • Cloud-Native, Cloud-AgnosticLower costs with the elastic scalability, security and control you need to shape your business.
    • APIs & ExtensibilityInnovate faster with access to over 700 open APIs in the largest FinTech ecosystem.
    • Microservices & ContainersMicroservice architectures enable continuous application upgrades and cloud scalability.
    • Distributed DatabaseAchieve true horizontal scalability in the database layer and operate on an active-active basis across multi-cloud.
    • Temenos Continuous Deployment – DevOpsReduce cost and shorten software release cycles – code in the morning, deploy in the afternoon.
    • Security & Immutable LoggingProtect your bank from modern digital threats with the highest levels of security.
    • AITemenos AI enables smart, contextualized banking using explainable models.
    • Multiexperience Development PlatformDeliver a best-in-class user experience as a consistent and seamless multiexperience digital journey across various touch points and modes of interactions.
    • Changemakers
    • Changemakers

      Temenos is the world’s #1 banking software provider, working with visionary Changemakers to reinvent and shape the future of banking.


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  • Delivery
    • OverviewWe take a customer live on our software every day with our remote-first continuous transformation approach. The combination of our model bank framework and our three proven implementation strategies – including Build & Renovate, Continuous Renovation and Big Bang approach, dramatically reduces transformation time, cost and risk.
    • Temenos SaaSTemenos SaaS has been providing an agile service for running Temenos software on the public cloud since 2011.
    • Implementation StrategiesOur remote-first implementation approaches reduce project risk and provide value from day one.
    • Implementation MethodologyThe process driven implementation methodology promises to provide greater delivery certainty.
    • Model Bank ApproachBroad functionality suitable for banks in all sectors and geographies.
    • Temenos Learning CommunityOur blended, multi-channel education platform and community for training and certification.
    • PartnersTemenos has a global network of partners to reduce implementation risk and provide technology innovation.
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    • Temenos Learning Community

      The answer to modern, accessible, blended Temenos training and the growing, global demand for Temenos experts


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    • OverviewDiscover the largest and most dynamic global community of over 3,000 banks, 100+ FinTechs, 6,000+ Temenos-skilled partner consultants and developers who support and collaborate within the Temenos ecosystem.
    • Customer Support & ServicesTailored packages giving you the flexibility to choose the level of support you need.
    • Success StoriesFind out how banks thrive using the world’s #1 banking software.
    • Ambassador ProgramDiscover the benefits of showcasing your success with the Temenos Ambassador Program.
    • Temenos Value Benchmark ProgramA strategic survey-based service to discuss the business and IT metrics and best practices enabled by your investment in technology.
    • PartnersTemenos has a global network of partners to reduce implementation risk and provide technology innovation.
    • Temenos Learning CommunityOur blended, multi-channel education platform and community for training and certification.
    • Temenos MarketPlaceOur self-service digital store providing access to the best global FinTech solutions.
    • Temenos Developer CommunityBuild and test integrations against Temenos product portfolio with our free APIs.
    • ChangemakersWorking with visionary Changemakers to reinvent and shape the future of banking.
    • Changemakers
    • Changemakers

      Temenos is the world’s #1 banking software provider, working with visionary Changemakers to reinvent and shape the future of banking.

    • find Out More
  • Insights
    • OverviewHear about the latest industry trends and thought leadership from Temenos.
    • White Papers & ReportsGet the latest insights and thought leadership from the #1 banking software company.
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    • WebinarsLearn more about industry trends and best practices through our webinars.
    • BlogRead up on all the latest topics and trends in banking.
    • Temenos Value BenchmarkA strategic survey-based service to discuss the business and IT metrics and best practices enabled by your investment in technology.
    • New Economist Intelligence Unit Report: Open Banking – Revolution or Evolution?

      Open Banking can create groundbreaking shifts in banks’ business models, more innovation and better customer experience. But how quickly are changes taking hold?


    • Read the Full Report
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MarketPlace Solutions

Moroku

Chore Scout – Attract young customers

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Acquire your next generation of customers

Chore Scout is an app for banks to acquire children and their parents as customers. It lets parents set chores around the home. As the children complete the chores they receive their allowances, transferred from mum and dad’s bank account into theirs, which can then be used to save for goals such as skateboards and Lego or converted into cash. Chore Scout teaches fundamental financial literacy skills such as saving and the value of money and acts as a customer acquisition tool for banks.

Overview

Acquire Youth Customers

Customers who have banked with a provider throughout their early years are far more likely to extend this relationship into their student days and beyond when profit contribution increases significantly. Research indicates that only 10% would consider changing banks once their relationship is established, reinforcing the view that the youth segment is the optimum point of market entry. This existing relationship delivers a clear advantage when financial institutions are attempting to access friends and family of their existing account holder, with “92% of consumers saying they trust word of mouth and recommendations from friends and family above all other forms of advertising. Having a savings accounts in childhood is associated with being two times more likely to own savings accounts, two times more likely to own credit cards, and four times more likely to own stocks in young adulthood, compared to not having savings accounts in childhood. A wide variety of studies suggest a positive relationship between the ownership of a savings account and higher levels of economic and financial wellbeing such as savings, income, and assets, as well as academic achievement and educational attainment. By examining the journey below, a bank can begin to choose when to begin working with customers to help them win and build a bank of great customers.

Improve your Brand

The global financial landscape is becoming increasingly sophisticated with accelerating adoption of innovative financial technology. Serving highly technologically literate children and youth can help financial institutions rethink and perhaps diversify the services and distribution channels they offer. This in turn can have a positive impact on brand perception – the financial institution can meet/exceed/lead market needs – therefore attracting more customers.

Corporate and Social Responsibility

Financial institutions have a key role to play in laying the groundwork for youth to realize their potential. By offering child and youth friendly financial services, banks offer children and youths a chance to believe in themselves, save for a better future, build a savings record, make payments and access other essential financial services. By learning how to manage their own resources, children can develop the necessary life skills, and skills needed for employment or entrepreneurship. Changing a young person’s life can be that simple. There are 2.2 billion children (aged 0-18) and approximately 1.2 billion youth (aged 15-25) in the world. As leaders in finance and economies, financial institutions have an opportunity to create the next generation of entrepreneurs, business leaders, and responsible economic citizens. Financial inclusion for these groups is key to unlocking intergenerational cycles of poverty, indebtedness, school dropout and unemployment. Financial institutions who decide to address these issues broaden their playing field while addressing their social responsibility. According to the World Savings and Retail Banking Institute people need the ability to act financially through education, knowledge, skills, confidence and motivation, and access to adequate banking services and responsible institutions. Without access to these types of banking products they will not build the skills necessary to learn how to use complex financial services in a productive and responsible manner later in life.

Untapped savings market

On average 37.9% of youngsters aged 15 – 25 have accounts at a formal financial institution. OECD countries and East Asia and the Pacific are above this average, whilst penetration in the Middle East is as low as 12.9%. In Eastern Europe and central Asia, these rates are as low as 3.98% With low cost, mobile solutions that are fun and relevant this market can be captured. A 2013 global CYFI study of 135 banks, representing over 1 billion retail customers and over €39 trillion in assets found that child and youth financial inclusion was a sustainability priority for less than 5% of banks. This compares with CBA who attest that 20% of their savings volume is “youth related”.

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