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Major European Bank selects Temenos UniversalSuite

GENEVA, Switzerland, 3 October 2016 - Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that a major European bank has selected UniversalSuite, its front-to-back solution for retail, commercial and corporate banking.

David Arnott, Chief Executive Officer at Temenos, commented: “We are delighted to have signed another major European bank onto our UniversalSuite solution, a material transaction about which we will provide more details in due course. Following recent agreements with institutions such as Nordea Bank, signed in September last year, and Standard Chartered Bank, signed in July this year, this deal clearly demonstrates that Temenos is the established technology partner for the digitization of the world’s banking industry.”

Temenos will report its Q3 financial results on 19th October 2016.


Investor and media contacts

Investors

Adam Snyder

Head of Investor Relations, Temenos
Tel: +41 (0) 22 708 1515
Email: [email protected]

 

Media

Haya Herbert-Burns

Teneo for Temenos
Tel: +44 203 757 9257
Email: [email protected]