Our Chief Product and Technology Officer, Prema Varadhan was also Highly Commended in the Woman in Technology Award in the Tech / Service Provider Category.
Composable banking services, accessible through a single open platform, are the way to give banks the agility, scalability, and efficiency they need. Under Prema’s leadership, Temenos has evolved its technology platform and architecture to be at the forefront of this fast-changing landscape.
Banking customers are increasingly expecting easy, convenient and personalized experiences comparable to the likes of Amazon and Netflix. As a result of changing customer demands and increased competition, we are seeing the breakdown of the banking value chain and a host of new players like challenger banks, fintechs and even Big Techs, now competing with incumbent banks.
At the same time, banking is also becoming more open and collaborative with the rise of innovative new business models: Banking-as-a-Platform, Banking-as-a-Service, and embedded finance.
Temenos open platform for composable banking ensures banks can succeed in this new banking era, no matter which business model they choose. The technology platform required to power these new business models must be composable, data-driven in a way that is explainable, extensible, and can power you wherever you are, and however you want to run. Temenos is Everyone’s Banking Platform.
The Best Core Banking Solution Provider award shows that Temenos is at the forefront of this exciting new phase of banking. We would like to thank our clients, partners and employees for their collaboration to build a better world of banking.