The World's Number 1 Banking Software
Temenos AG (SIX: TEMN), headquartered in Geneva, is the world leader in banking software, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace. Over 3,000 firms across the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily transactions and client interactions of more than 500 million banking customers. Temenos offers cloud-native, cloud-agnostic front office and core banking, payments, fund management and wealth management software products enabling banks to deliver consistent, frictionless customer journeys and gain operational excellence.
Our vision is to provide financial institutions, of any size, anywhere in the world, the software to thrive in the digital banking age. We do this by building, delivering and supporting the world's best packaged, upgradeable and open banking software.. And we've been doing it for more than 25 years. This makes us true banking software 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.
Temenos is the leader in its market. In 2018, Temenos achieved a leadership position for its Completeness of Vision and Ability to Execute in Gartner's MQ for Global Retail Core Banking, a "leader" in digital banking platforms position in both the Forrester Wave on Global Digital Banking Platforms and Digital Engagement Platforms and topped the IBS Intelligence for Temenos Core Banking, Channels, Risk and Compliance and Payments.
Today, Temenos has a market capitalization of more than USD12bn.
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 nearly 6000 people, operating out of 64 offices representing clients in over 150 countries.
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 consistently spend 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 a seven-year period, they enjoyed on average a 31% higher return on assets, a 36% higher return on equity and an 8.6 percentage point lower cost/income ratio than financial institutions running legacy applications.