Temenos Group AG (SIX: TEMN), 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 41 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 2016 Temenos topped both IBS Intelligence league table and the Forrester pyramid, for sales of mission critical software for the banking and finance industry,
Today, Temenos is the fourth-largest software company in Europe, with profits of over USD 185m and a market capitalization of more than USD5bn.
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 4,600 people, operating out of 65 offices representing clients in over 145 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, 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.