Temenos Recognized as a Leader in 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 for Corporate Banking, Q3 2022.
“The vendor Temenos’ Corporate Banking strategy shows no weak spots. Temenos’ Corporate Banking strategy product roadmap includes the continuation of an overarching Corporate Banking rejuvenation program, AI-powered operations, and fine-grain banking services out of the cloud that are aligned with the concept of a lean core. Temenos’ Corporate Banking reference customers reported that the system is very modular, could satisfy almost any needs or requirements, and allows a bank to differentiate.”
This Forrester Wave™ evaluates the top 7 Corporate Banking platform vendors against 33 criteria, according to their current offering, strategy and market presence. Temenos received the highest score in the strategy category and the 2nd highest score in the current offering category, which Temenos believes reflects its success in serving clients of all tiers to deliver Corporate Banking services such as Commerce Bank, Bank of Queensland, and Shanghai Commercial & Savings Bank (SCSB).
The Forrester report notes that:
“Temenos sets the pace in AI-powered banking capabilities and application architecture.”