Uniting Financial Services (UFS) has a unique goal. Rather than operating as a typical bank or financial institution, the non-profit religious charitable organisation provides treasury and ethical investment products to members of the Uniting Church in Australia. To answer the needs of its customers for the most innovative investment services, UFS will work with its long-term partner Temenos to implement Temenos Transact, Temenos Infinity, and Temenos Financial Crime Mitigation running on the Temenos Cloud. This latest collaboration will enable UFS to deliver flexible investment services via a state-of-the-art digital platform, and help the organisation to prepare for the age of Open Banking when it launches in Australia in 2019.
“At UFS we are committed to evolving our services and solutions to best support the needs of our investors and borrowers. Investing in innovative, flexible and modern technologies, and working with key partners such as Temenos is an important part of this approach. Temenos’ Australian model bank approach offers a flexible and secure solution that meets our needs and will help us deliver a better experience to our members. We look forward to our continued collaboration with Temenos.”Warren Bird, CEO
Australian-based UFS selects Temenos for digital transformation
UFS to offer enhanced digital experience to its customers running on Temenos Cloud