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Global tier 1 bank selects Temenos Core Banking

GENEVA, Switzerland, 9 October 2017 - Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that a global tier 1 bank has selected Temenos Core Banking to be implemented across its digital operations.

Temenos' Core Banking solution is an integrated, upgradeable and scalable package built on an open banking architecture. Banks are able to utilise robust open APIs to operate collaborative business models, working with an ecosystem of third parties to add more value to their customers' financial lives. Temenos Core banking is already made available through public cloud, private cloud or on premise and is platform agnostic.

Temenos Core Banking allows banks to gain a deeper understanding of their customers, offering a highly interactive digital experience at a very low Total Cost of Ownership. This win demonstrates that Temenos is the partner of choice for the world's largest banks.

This is a material deal for Temenos and further information will be given when it reports its Q3 financial results on 18th October 2017.


Investor and media contacts

Investors

Adam Snyder

Head of Investor Relations, Temenos
Tel: +41 (0) 22 708 1515
Email: asnyder@temenos.com

 

Media

Peter O’Shea

PPR for Temenos
Tel: +44 207 300 6360
Email: peter.oshea@pprww.com