Akcelerant Ends 2015 With 42 New Signings

Akcelerant celebrates a stellar year in sales and expansion

Press Releases,
Temenos – Company

MALVERN, PENNSYLVANIA – February 2, 2016 – Akcelerant, a Temenos Company and provider of software and services to the financial industry, closed 2015 with another thriving year in sales.

Forty-two financial institutions have signed on to use one of Akcelerant’s industry-leading product lines consisting of the Akcelerant Framework, Akcelerant Profitwise and Akcelerant Elements, while twelve of those customers elected to purchase multiple products at time of signing. The company steadily remains the top choice for financial institutions seeking innovative technology to manage key business areas like origination, service, collection, recovery and profitability.

Akcelerant’s customer base is comprised of both credit unions and banks of all sizes. Pennsylvania State Employees Credit Union (PSECU) a credit union with over $4 billion in assets and more than 400,000 members based out of Harrisburg, Pennsylvania, and Partners Federal Credit Union, with $1.3 billion in assets and 118,547 members make up two of the 15 financial institutions that purchased the Framework loan and account origination solutions, along with Arrowhead Credit Union which purchased both the collection and loan origination solutions to serve their nearly 125,000 members. Advia Credit Union, a $1 billion credit union located in Michigan with over 121,000 members, closed out the year by expanding their relationship with Akcelerant to include both the loan and account origination solutions.

“2015 was a year of milestones for Akcelerant, starting with our acquisition by Temenos in February, continuing with our largest conference yet, and now closing out the year with fantastic enthusiasm from the financial services community,”

acknowledges founder and CEO, Jay Mossman.

“Forty-two new signings is an incredible accomplishment, and we couldn’t have done it without the efforts of not only the sales team, but also the development, quality assurance and customer care teams who carry out the Akcelerant vision on a daily basis. In the coming year, our customers will see us continue to expand our solutions and services, of course with our historical commitment to quality and relationships, as Akcelerant and Temenos continue to align and integrate our products and strategies. We’re very excited to continue growing the relationships we have with our current customers, and to welcome new members to the Akcelerant and Temenos family.”

About Akcelerant, a Temenos Company

Akcelerant, a wholly owned subsidiary of Temenos USA Inc., and located in Malvern, Pennsylvania, provides financial institutions with innovative technology that improves relationships during every phase of an account’s life cycle including demand generation, origination, account servicing, risk management and analytics. Today, more than 600 financial institutions in North America are using Akcelerant technology. 

Investor & Media Contacts

Adam Snyder

Head of Investor Relations, Temenos

+44 207 423 3945 [email protected]

Press and media enquiries

Conor McClafferty | Martin Meier-Pfister

+44 7920 087 914 | +41 43 244 81 40 [email protected] | [email protected]

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