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Temenos identified as Financial Crime Mitigation leader by Ovum

Temenos has been positioned as 'leaders' within the latest Ovum Decision Matrix: Selecting an Anti-Financial Crime Solution, 2017–18 report.

This industry recognised study reviewing financial crime mitigation (FCM) solutions positions Temenos as the leading provider/highest scoring for:

  • Overall execution - ahead of all other vendors, FS specific and wider
  • Anti-money laundering (AML) functionality (8.5/10)
  • Know Your Customer/Customer Due Diligence (KYC/CDD) functionality (10/10)
  • FCM training and support (9/10)
  • Deployment and maintenance (8/10)
  • Geographic coverage (9.5/10)

As Temenos is focused only on financial services, our business model is built around out-investing the competition in research and development – across our focused product set - and recycling this development effort into packaged, regular, and easily upgradeable releases. The report recognises this, highlighting that 'Temenos [oil] is a more specialist provider, with a strong market position for KYC/AML/watch-list-screening capabilities'

Positioning in the report is based upon data and supporting documentation relating to three primary areas: technology, execution, and market impact. This was further supplemented by Ovum's own data and information sources, to provide a level of validation. 

Read full report

‘Temenos should be short-listed by financial institutions looking for specific onboarding- and compliance-related products’

Ovum Decision Matrix: Selecting an Anti-Financial Crime Solution, 2017–18 report

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