IBS Intelligence's annual Sales League Table 2018 evaluated 1,500 banking industry deals in 2017, across 124 countries, to identify the best-selling propositions across a number of categories. This year Temenos featured at the top of the sales league table for core banking again, as in nine of the last ten years. We also featured as the best-selling solutions for digital banking and channels and risk and compliance.
- #1 best-selling core banking system with T24 Core Banking, securing 45 new name customer deals in 2017, more than double the number of deals compared to the next largest competitor;
- #1 best-selling digital banking and channels system with Temenos Channels, gaining 33 new name deals – almost twice as many as the next largest competitor
- #1 best-selling compliance and risk management system with total of 27 new deals with Temenos Risk & Compliance, 59% more than the second placed system
- #2 best-selling Payments system with Temenos Payments selling seven deals in 2017
This ranking, across the bank's full-stack requirements, is a testament to our strategy of providing packaged, upgradeable, front-to back software solutions, which help banks to digitalise their operations. Our consistent lead in IBS' sales league tables shows that we continue to increase the gap against our competition in a market that keeps growing as more banks embark on digital transformation projects, with the aim of becoming end-to-end digital.
“Temenos T24 Core Banking continued its dominance in the universal banking category”
Bill Boyle, IBS Intelligence Senior Editor