Tech Capabilities 

In 2011, Temenos was the first vendor to put a core banking system onto the public cloud at a time when there were still skeptics who doubted the wisdom of the move. Over the past decade cloud and SaaS adoption has rapidly risen in financial services, and step-by-step we have pioneered cloud and SaaS banking for our clients. Today Temenos offers business-critical banking services through Temenos SaaS in 30+ jurisdictions across the globe, to banks who operate across retail banking, business banking, corporate banking, payments, and wealth.

As financial institutions address the continuous flow of change within the modern banking industry, their underlying technology base has become a constraint in successfully supporting customer demands, easily leveraging the opportunities new technologies bring, utilizing new channels, and replacing end-of-life technology in an effective way.

With the reality of moving targets and an increasing need for agility and flexibility, simply re-investing in the monolithic architecture to create new services and products will not deliver a different outcome. With composable banking, we focus on the ability to allow banks to compose banking solutions from a variety of sources; from Temenos, from other fintech providers, and from the bank itself.

We have a dedicated GRC team following ISO 31000 methodology. Following a robust compliance and certification program, Temenos provides AICPA SOC 1 Type II,​ SOC 2 Type II, SOC 3, and ISO certification including ISO 27001​, ISO 27017​, ISO 27018​ and ISO 22301.

The Cloud Security Alliance’s (CSA) Cloud Controls Matrix (CCM) is specifically designed to provide cloud vendors with guiding and fundamental security principles and to assist prospective cloud customers in assessing the overall security risk of a cloud provider. We continuously assess and document our responses to illustrate alignment and compliance with the Cloud Control Matrix.

Temenos assists financial institutions in navigating highly complex regulatory environments. International Standards provide frameworks around which we can build our controls, ensuring that we align to industry best-practice, and can support our clients through compliance with regulatory bodies including FFIEC, EBA, FCA BaFIN, APRA, OSFI and SMV.

The Temenos Banking Cloud’s provision of services and supporting contractual documentation are in compliance with the General Data Protection Regulation (GDPR).

To rapidly create fully digital and seamless services, users of the Temenos Banking Cloud can utilize pre-integrated and certified fintech solutions from the Temenos Exchange. It helps financial services to select from a wide variety of leading fintech providers that are fully curated, assessed, and function like any other deployed service of the Temenos Banking Cloud.

We has over 3,000 clients around the world, of which 700 are SaaS clients. In 2011, we were the first vendor to put a core banking system onto the public cloud at a time when there were still skeptics who doubted the wisdom of the move.  

Since then, cloud providers have continued to enhance their technology and widen their service offerings. In parallel, we reengineered our software to deploy natively within a cloud infrastructure to leverage these new capabilities for our clients. The Temenos Banking Cloud is provided as SaaS, and can also be deployed in private and hybrid clouds environments or in an on-premises setup using our cloud-like setup.   

As financial institutions address the continuous flow of change within the modern banking industry, their underlying technology base has become a constraint in successfully supporting customer demands, easily leveraging the opportunities new technologies bring,   utilizing new channels, and replacing end-of-life technology in an effective way. 

With the reality of moving targets and an increasing need for agility and flexibility, simply re-investing in the monolithic architecture to create new services and products will not deliver a different outcome. With composable banking, we focus on the ability to allow banks to compose banking solutions from a variety of sources; from Temenos, from other fintech providers, and from the bank itself.  

We have a dedicated GRC team following ISO 31000 methodology. Following a robust compliance and certification program, Temenos provides AICPA SOC 1 Type II,​ SOC 2 Type II, SOC 3, and ISO certification including ISO 27001​, ISO 27017​, ISO 27018​ and ISO 22301.  

The Cloud Security Alliance’s (CSA) Cloud Controls Matrix (CCM) is specifically designed to provide cloud vendors with guiding and fundamental security principles and to assist prospective cloud customers in assessing the overall security risk of a cloud provider. We continuously assess and document our responses to illustrate alignment and compliance with the Cloud Control Matrix.  

Temenos assists financial institutions in navigating highly complex regulatory environments. International Standards provide frameworks around which we can build our controls, ensuring that we align to industry best-practice, and can support our clients through compliance with regulatory bodies including FFIEC, EBA, FCA BaFIN, APRA, OSFI and SMV. 

The Temenos Banking Cloud’s provision of services and supporting contractual documentation are in compliance with the General Data Protection Regulation (GDPR).