Temenos leverages experience in implementing its solutions around the world by creating reusable components that enable you to quickly comply with local regulations and business practices at a lower cost.
3,000+ clients in over 150 countries
233 successful deployments in 2018
< 9 WEEKS
Less than 9 weeks to go live
Why Temenos Country Model Banks?
Temenos works with you to identify how the regulatory and business practice changes which you identify impact the Temenos solutions used in your bank. We then deliver the required changes based on a fixed timescale and cost, hence reducing your risk and effort in remaining compliant.
By building on the work already done by Temenos in the countries and markets you are focused on, you can go-live more quickly. This makes implementation much simpler and more cost-efficient.
Invest in Competitive Differentiation
Focus your investment in bringing new competitive solutions to the market and in improving your offering to your current customers. Do this by leveraging Temenos’ existing investment in regional and market-specific base capability.
Reduce Ongoing Risk
Temenos continues to build on its considerable investment in standardized regional capabilities which can help your bank as it expands into new business areas and geographies in the future.
Customer Success Stories
BMCE Bank of Africa looked to expand beyond its core market by establishing corporate and trade finance operations in China.
In early 2018, Al Rajhi Bank began investigating breakthrough technologies like Blockchain, and was poised to introduce fingerprint identification and electronic signatures.
If you could build a bank from scratch, what would you do differently to established players? This question sparked the idea for Grasshopper Bank—the first 100 percent digital commercial bank in the U.S. Targeting the booming innovation ecosystem, Grasshopper Bank aims to offer anytime, anywhere banking services to born-online start-ups and technology companies.
Read the Success Story
“As the first Moroccan bank to open in China, this expansion will act as a catalyst for economic relations between Africa and China. As the implementation timeframe was so short, Temenos’ packaged software, Temenos T24 Transact, was vital to our plan. By offering a banking platform that is already compliant with Chinese regulations, and running it on Temenos Cloud, Temenos accelerated the launch of our operations in China. Thanks to Temenos’ model bank approach, we obtained a new banking license, and having implemented a new core banking system that meets local regulations while supporting BMCE Bank of Africa’s ambitious growth strategy.”Said Adren, General Manager – BMCE Bank of Africa