Financial services firms are increasingly turning to the cloud to enable digital banking capabilities while simultaneously building resilience and agility into their core business infrastructure.
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Read about the latest industry trends and thought leadership from Temenos
Rising demand for digital has made competition between incumbent and challenger banks more intense than ever. But who is winning the battle for consumers, and in what areas? Temenos and the Economist Intelligence Unit have sought the answers in a groundbreaking new report.
Temenos Recognized as a Leader in The Forrester Wave™ for Digital Banking Processing Platforms for Corporate Banking
Temenos was named a leader among Digital Banking Processing Platform providers according to The Forrester Wave™: Digital Banking Processing Platforms (Corporate Banking), Q3 2020.
Temenos Recognized as a Leader in The Forrester Wave™ for Digital Banking Processing Platforms for Retail Banking
Temenos was named a leader among Digital Banking Processing Platform providers according to The Forrester Wave™: Digital Banking Processing Platforms (Retail Banking), Q3 2020.
Today, Temenos Transact is delivered as Temenos SaaS and can also be deployed natively on all main commercial cloud platforms or a private cloud, allowing banks to take the full benefit of lower operating costs and elastic scalability of these services, as well as benefiting from in-built operational resilience.
Before the Coronavirus crisis, retail, corporate and private banks were already under pressure from Big Tech firms and Payment players. They needed to transform their technologies and cultures to create engaging digital experiences. With the effects of the pandemic, the need for transformation is now even greater.
Temenos Recognized as the Only Global Power Seller in the 2020 Deal Survey, With More Than Double the New Named Deals of the Next Banking Platform
The Global Platform Banking Deals Survey 2020 from Forrester is available to view now. The Forrester survey recognizes Temenos as the only Global Power Seller with a 30% increase in new named deals.
Aite Group ranks Temenos ‘best in class’ for the rich functionality, cloud and Explainable AI capabilities of its fund administration software
Recognizing the value of cloud computing to our clients, Temenos has made significant investments in its core banking solutions, and software deployment options. These benefits transcend the costs savings that can be achieved by utilizing the cloud – Temenos has introduced a rich cloud offering for any type of bank at any stage of their cloud journey in order to easily take their place in the digital banking landscape.
It’s important that every financial institution creates a unique, achievable path to growth, based on its individual culture, technology, and customers. Download the ebook to identify which of four growth stages you are in and how to start your path forward today.
There is no doubt anymore that future of Payments is in the Cloud. However, this statement hides a lot of complexity as one size does not fit all.