Temenos extends Middle East presence with new Qatar office
Move signals Temenos' continued success in the Middle Eastern Core Banking market
Geneva, Switzerland – 7th March 2017 – Temenos (SIX: TEMN), the software specialist for banking and finance, announces their expansion in the Middle East with the opening of a new office in Qatar, building on 20 years of continued success in the region.
The Qatar office signifies the long-term commitment to support Temenos' existing customers in the region, including Qatar Islamic Bank, Bank Al Khaliji and Qatar First Bank whose operations rely on Temenos technology. This strategic expansion also recognizes the Qatari Banking market potential where a number of other banks are looking to renew their Core Systems in order to better deal with the challenges and opportunities of the digital banking era.
Jean Michel-Hilsenkopf, Managing Director of EMEA, LatAm and TSS said:
"This is a great opportunity for Temenos to continue to be at the centre of a very dynamic and high-growth market. This office will be an ideal platform to support Temenos in strengthening our leadership position in the Middle-East and to offer our deep experience and full range of banking solutions to the Qatar market."