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 for Retail Banking, Q3 2022.
“Temenos’s Retail Banking strategy shows no weak spots…The product roadmap will enable Temenos Retail Banking to continue delivering competitive solutions in the future, including ESG-focused Retail Banking products, AI-powered operations, and fine-grain banking services out of the cloud that are aligned with the concept of a lean core.”
The Forrester report notes that:
This Forester Wave™ evaluates the top 10 Retail 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 also in the current offering category, which Temenos believes reflects its success in serving clients of all tiers around the world, including incumbents such as Bank of Queensland, Commerce Bank, HBL (Habib Bank Ltd) and Mirabaud as well as disruptors such as Green Dot, which have chosen Temenos as the technology foundation for their BaaS offerings. The Forrester report notes that:
“Temenos sets the pace in DBPP functionality, application architecture, and lean core.”