GENEVA, Switzerland – September 12, 2018 – Temenos (SIX: TEMN), the banking software company, today announces the launch of ARCATrust on Temenos MarketPlace, Temenos’ platform for facilitating the exchange of value between fintech leading solutions providers and financial institutions.
ARCATrust core focus is on providing high secure environment for Tokens, Crypto Assets and Currencies secure management and storage. In order to do so, ARCATrust has developed its Flagship product ARCAVault, a tamper-proofed appliance covering the next generation security protocols. ARCAVault is offering a wide range of security features & functionalities to be integrated in enterprise datacenters. ARCATrust is delighted to join Temenos MarketPlace thus providing leading financial institutions with cutting-edge solution.
Commenting on the launch, Robinson, Chief Strategy Officer at Temenos, said, “We see massive interest from banks in crypto. This is being driven by their clients’ desire to invest in new asset classes, but also increasingly by the opportunity to create new services around tokenization. However, what is clear is that, as well as regulation, the issue of custody and related infrastructure has been holding back the market. Safe infrastructure including custody solutions based on ARCAVault are critical to unlocking new capital and taking tokenization into the mainstream. We look forward to working with ARCATrust to help Temenos customers to capitalize on the market opportunity around digital assets.”
Patrick Trinkler, CEO of ARCATrust, added: “We are delighted to be collaborating with Temenos MarketPlace. As crypto-assets are being adopted at every level in the banking industry, we are excited to give all marketplace community members access to highly secure, yet easy to integrate and operate, infrastructure solution enabling to exploit blockchain applications. We look forward to ensuring Temenos’ clients will play a meaningful role in the future of digital money!”