Temenos - World-Leading Banking Software Solutions

Time 2020-07-20 19:03:58

Web Name: Temenos - World-Leading Banking Software Solutions

WebSite: http://www.temenos.com

ID:29766

Keywords:

Leading,World,Temenos,

Description:

Temenos Announces Strong Recurring Revenue Growth up 17% in Q2, Gradual Improvement Expected in Q3 and Q4 2020 Reconfirming guidance for at least 13% recurring revenue growth, at least 7% EBIT growth and conversion of 100% of IFRS EBITDA into operating cash We are passionate about helping financial institutions of all sizes, in all sectors, around the world, to dramatically accelerate their digital transformation.Temenos software is proven to enable its top-performing clients to achieve industry-leading cost-income ratios of 26.8% and returns on equity of 29.0%, 3X better than the industry average. These clients also invest over 51% of their IT budget on growth and innovation versus maintenance, which is 2X the industry average, proving the banks’ IT investment is adding tangible value to their business. Our products combine the richest end-to-end packaged country model bank functionality and the most advanced cloud-native, cloud-agnostic, AI and API-first technology, helping our clients go live faster, giving them the freedom to innovate and deliver personalized experiences. With the largest global community of banks, FinTechs, developers and partners, we are bound by the belief that working together will make banking better. Today I have written an Open Letter to the whole Temenos community. You’re at our heart, we are standing with you and together we will emerge stronger. The health, safety and wellbeing of our extended Temenos community is our utmost priority. This includes our employees, customers and partners. Following the success of our TCF Online event we are now launching the content as a free, online platform showcasing the latest key announcements, customer insights and software demonstrations from Temenos. Temenos Infinity Distribution Services solve the following fundamental problems for banks that wish to remain competitive in the open banking era In partnership with Temenos, HSBC North America launched a credit card onboarding and origination project that became an amazing success for them and their customers. Temenos achieved the furthest position for its completeness of vision based on the company s market understanding, sales strategy, product strategy, vertical/industry strategy, geographic strategy and innovation. #1 best-selling core banking system in the IBS League Table for the last 14 years #1 best-selling digital banking system in the IBS League Table in 2018 and 2019 10th consecutive year named as a leader in Gartner s Magic Quadrant for Global Retail Core Banking 14 consecutive years as a Global Power Seller according to Forrester’s Global Banking Platform Deals Survey With cloud-native, cloud-agnostic technology, banks can elastically scale in real-time with the flexibility and resilience to run on any cloud. This helps our clients launch products in cycles that are 10x faster and transform their business digitally from the bottom-up with access to the next generation of AI-powered explainable applications. For more than 25 years, we have consistently invested over 20% of our revenue into continually enhancing our packaged software, to create the richest and deepest functionality in the industry. Convert prospects to customers at a rate 2x the competition, using analytics to continuously improve the experience across the customer journey. Use Temenos Continuous Deployment (DevOps) to code in the morning and deploy in the afternoon, with over 700 open APIs and access to over 100 FinTechs. We build reusable regional functionality, including regulatory compliance requirements, for over 150 countries based on our model bank framework. This helps banks go live more quickly and acts as a foundation for future innovation. 330 Temenos banks went live on our solutions in 2019 – our Build Renovate implementation strategy dramatically reduces transformation time, cost and risk. End-to-end digital transformation presents banks with a trillion-dollar profit opportunity, reveals the newly launched Temenos Value Benchmark Program Temenos today announced the first set of results from the Temenos Value Benchmark, a strategic, survey-based program providing in-depth analysis of how software capabilities impact a bank’s profitability. At Temenos, we strive to achieve our business goals with integrity and within established ethical guidelines. Thinking about your next move? Exciting career opportunities at Temenos await. Experience Quantum: The Leading Multiexperience Development Platform Temenos Quantum is used by businesses to build highly engaging modern web and true native mobile applications, incorporating wearables, chatbots, augmented reality, and conversational apps on a unified platform. This industry leading MXDP solution accelerates time-to-market, and delivers seamless, multiexperience digital customer journeys.

TAGS:Leading World Temenos 

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Temenos provides software to financial institutions, of any size, anywhere in the world. Our clients are the most profitable banks in the world.

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