GENEVA, Switzerland – 10th March 2017– Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that it has been selected to provide Fortuna Banque SC with Temenos Retail Suite, which encompasses its award winning core banking platform and omni-channel digital solutions.
Having already signed agreements with 5 new banks in the last 2 years, this latest success highlights Temenos’ continuous strong traction in the Luxembourg market.
Fortuna Banque is a banking landmark in Luxembourg, serving retail customers since 1920. This historic cooperative bank has a long tradition of supporting the local economy and initiatives by providing proximity services and tailor made products to its customers. Fortuna Banque will soon benefit from a fully integrated, scalable, front to back solution that will support its strategic ambitions for digital transformation for the coming years. The unique model bank approach provided by Temenos and its partner Syncordis, offers not only a cost effective seamless solution but also a future proof and compliant environment for the bank.
Steen Jensen, Regional Director at Temenos said:
“Fortuna Banque recognised that having a modern core banking system in place is essential for success in a dynamic and competitive retail banking landscape. By selecting Temenos, the bank will benefit from a flexible deployment model, the ability to offer new, innovative products to its customers quickly and ways to address regulatory reforms in a secure and cost effective way.”
Mike Felten, Director at Fortuna Banque, said:
“we feel very confident that Temenos will contribute and support our strategic plan in Luxembourg. As an historic bank in Luxembourg, we appreciated the level of flexibility and understanding provided by Temenos which helped us to define the best possible solution and business case for us. We were also very impressed by Temenos’ strong functional coverage and reputation in the region. Furthermore, the partnership model that Temenos offers ensured that our country-specific requirements and compliance needs will be addressed. Implementing Temenos will help us to modernize and become a leading digital bank.”