GENEVA, Switzerland – June 15, 2020 – Temenos (SIX: TEMN), the banking software company, has been awarded ‘Best Onboarding Solution’ at the eighth annual Wealth Briefing Asia Awards. Cloud-native, AI-powered Temenos Infinity Wealth was recognized for providing omnichannel digital customer experiences while supporting industry-leading levels of operational efficiency. The judges noted how the solution supports banks and wealth management companies to minimize the complexity, cost and risk associated with client onboarding and increase profitability in this area.
The Wealth Briefing Asia awards are designed to recognize companies, teams and individuals that have demonstrated innovation and excellence during 2019. The awards showcase best of breed providers in the global private banking, wealth management and trusted advisor communities and are judged annually by a prestigious panel of industry leaders.
Martin Frick, Managing Director – Asia-Pacific, Temenos, commented:
“We are thrilled to be named as the winner for this year’s ‘Best Onboarding Solution’ award. Temenos Infinity Wealth is a multi-award winning product that consolidates our extensive industry experience and cutting-edge software in a single, end-to-end digital solution for banks and wealth management companies of any size. APAC is a region of great diversity, and the maturity of its wealth management sector similarly varies vastly from country to country. Temenos Infinity Wealth provides standardization and operational efficiency for customers in mature regions while supporting flexible deployment and progressive renovation for new entrants in less developed regions. Temenos’ flexible technology provides a single solution to encompass the wealth management requirements of this entire region.”
ClearView Financial Media’s CEO, and Publisher of WealthBriefing, Stephen Harris, said:
“The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognize the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.”
Temenos Infinity Wealth provides omnichannel and self-service capabilities to support wealth managers in delivering a superior client service. Temenos’ AI-enabled technology streamlines operations by automating time-consuming compliance and back-office functions, while offering automated support in the advisory area. Temenos Infinity Wealth scales in line with banks’ growth requirements, providing a single, front-to-back product to consolidate all international operations. The solution can be deployed in the cloud, on-premise or on Temenos SaaS. Temenos’ software currently supports the management of $19 trillion assets worldwide.