Temenos (OTCPK:TMSN.Y) 2026 Capital Markets Day February 25, 2026 09:00 AM ET Company ParticipantsAdam Snyder - Director of Corporate AffairsBarb Morgan - Chief Product and Technology OfficerJayde Tipper - Chief People OfficerTakis Spiliopoulos - CEO and interim CFOWilliam Moroney - Chief Revenue OfficerConference Call ParticipantsCharles Brennan - Equity Research AnalystFrederic Boulan - Research AnalystJosh Levin - Senior Analyst, European Payments and PaytechJustin Forsythe - Equity Research AnalystMark ...

on 20-Feb-2026 20 February 2026 European Technology/Software AI disruption radar - Want to try it yourself? Richard Nguyen +33 1 42 13 54 22 richard.nguyen@bernsteinsg.com Mark L. Moerdler, Ph.D. +1 917 344 8506 mark.moerdler@bernsteinsg.com Derric Marcon +33 1 58 98 06 30 derric.marcon@bernsteinsg.com Specialist Sales Kiran Shah +44 20 3547 1533 kiran.shah@bernsteinsg.com This report includes minor clarifications following recent feedback from companies and investors. See the Disclosure Appendix of this re ...

Bank of Beirut UK has transitioned to the Temenos Core Banking and Payments platform, completing the move from its previous system in a process that lasted just over 15 months. Implementation was carried out in partnership with LTIMindtree, a Temenos delivery partner. With the new core banking system, Bank of Beirut UK is now positioned to provide a complete range of retail, commercial, and deposit products. The platform also supports enhanced trade finance services for businesses engaged in cross-bord ...

Core Insights - Mibanco, Peru's leading microfinance bank, has selected Temenos SaaS to modernize its core banking infrastructure and enhance access to finance for small businesses [1][2] - The adoption of Temenos Core and Data Hub aims to accelerate time to market, improve customer experience, and increase operational efficiency [2][4] Company Overview - Mibanco is part of the Credicorp group and serves over 1.9 million active customers with assets exceeding PEN 18.2 billion (USD 5.4 billion) [3] - The bank focuses on micro, small, and medium-sized enterprises, particularly in underserved and informal sectors, offering a variety of financial services [3] Digital Transformation Strategy - Mibanco's digital transformation will leverage Temenos SaaS to provide an agile and scalable solution, facilitating further expansion in a market where 99% of businesses are classified as micro and small [4] - The bank aims to address the needs of approximately 7 million unbanked businesses and individuals in Peru [4] Technology Deployment - Mibanco will utilize Microsoft Azure for running Temenos SaaS, enabling seamless deployment and a unified commercial view across its cloud investments [5] - The SaaS model allows Mibanco to focus on expanding financial access and driving innovation rather than managing technology [4] Leadership Commentary - Alberto del Solar, Deputy CEO of Mibanco, expressed confidence in Temenos' technology and expertise for the bank's transformation project [6] - Rodrigo Silva, President of Americas at Temenos, highlighted the selection as a testament to the strength and agility of their core banking suite [6]

Core Insights - Temenos has been selected by Mibanco, Peru's leading microfinance bank, to modernize its core banking infrastructure using Temenos SaaS, aiming to enhance access to finance for small businesses in Peru [1][6] Company Overview - Mibanco, part of the Credicorp group, serves over 1.9 million active customers and manages assets exceeding PEN 18.2 billion (USD 5.4 billion), focusing on micro, small, and medium-sized enterprises, particularly in underserved sectors [3] Digital Transformation - Mibanco's digital transformation program includes the adoption of Temenos Core and Temenos Data Hub as SaaS to improve time to market, customer experience, and operational efficiency [2][4] - The flexibility of Temenos Core will enable Mibanco to quickly launch new products tailored to the needs of SME customers, enhancing digital transaction reliability and simplifying service processes [2][4] Market Context - In Peru, 99% of businesses are classified as micro and small, with approximately 7 million unbanked businesses and individuals, highlighting a significant opportunity for financial inclusion [4] Technological Infrastructure - Mibanco will utilize Microsoft Azure for running Temenos SaaS, allowing for seamless deployment and a unified commercial view across the bank's cloud investments [5] Leadership Commentary - Mibanco's Deputy CEO emphasized the importance of Temenos' technology in scaling their microfinance model and supporting sustainable economic growth in Peru [6] - Temenos' President for the Americas noted the selection reflects the strength and agility of their core banking suite and their commitment to increasing financial inclusion in Latin America [6]

Group 1 - Bank ABC has successfully migrated its digital-only subsidiary, ila Bank, to the Temenos core banking platform hosted on Amazon Web Services (AWS), marking the first stage of a larger transformation program [1][2] - The migration includes Temenos Payments and Data Hub, with Systems Limited acting as the system integrator and Temenos Delivery Partner [1][4] - The transition aims to enhance operational flexibility and integration capabilities for future developments in ila Bank's retail account and lending functions [2][4] Group 2 - Bank ABC's COO, Ismail Mokhtar, stated that the go-live of ila Bank on the cloud-native core banking system is a significant milestone in the bank's strategic transformation [3][4] - The achievement is expected to accelerate digital innovation and improve responsiveness to customer needs, providing a robust foundation for Bank ABC's broader transformation across 15 countries [4][5] - The architecture of the new system is designed to facilitate integration with new capabilities and open banking services, supporting the growth of digital banking in the region [5]

Core Insights - Temenos announced the winners of its annual Partner awards, recognizing excellence in driving innovation and customer success within the banking technology sector [1][2]. Partner Awards Summary - **Sales Partner of the Year**: Corebanx, based in Brazil, was recognized for its collaboration with Temenos and its role in securing a major deal for the digital transformation of a leading Brazilian development bank [2]. - **Delivery Partner of the Year**: Capgemini has been a partner for over 20 years, demonstrating high standards in delivery leadership and commitment to training, marking its third consecutive year of receiving this award [3]. - **Technology Partner of the Year**: IBM has supported Temenos offerings for many years, with many customers benefiting from IBM's Power platform and hybrid cloud technology [4]. - **Exchange Partner of the Year**: Lasernet has contributed significantly to referral revenue and has shown exceptional engagement in alignment with Temenos objectives over 15 years [5]. - **Rising Star Partner of the Year**: Accenture has strengthened its collaboration with Temenos, driving significant pipeline opportunities in Europe and adopting a proactive go-to-market model [6]. Company Overview - Temenos is a global leader in banking technology, providing a core banking suite and modular solutions that modernize the banking industry, enabling banks to deliver next-generation services and AI-enhanced experiences [7].

Core Insights - Temenos has been recognized as a leader in two key Everest Group assessments, highlighting its market impact and capabilities in delivering customer experience orchestration products for banks and wealth managers [1][2] Group 1: Recognition and Assessments - Temenos is positioned as a Leader in the Banking Customer Experience Orchestration Products (CXOP) PEAK Matrix® Assessment 2025 and as a Leader and Star Performer in the Asset and Wealth Management (AWM) CXOP PEAK Matrix® Assessment 2025 [1][2] - The assessments evaluated 23 providers in the Banking sector and 15 in the Asset and Wealth Management sector, reflecting Temenos' strong ability to deliver innovative solutions [2] Group 2: Technology and Solutions - Temenos Digital solutions enable financial institutions to orchestrate seamless, hyper-personalized customer journeys across various channels, leveraging real-time data and analytics [3] - The integration of customer experience orchestration capabilities allows banks to maintain agility and scalability through a cloud-native architecture [3] Group 3: Performance Metrics - Banks utilizing Temenos Digital have reported a 52% faster customer onboarding time and a 68% higher cross-sell rate, indicating measurable improvements in efficiency and growth [4] Group 4: Wealth Management Solutions - Temenos Digital Wealth provides financial institutions with advanced digital tools for personalized, end-to-end wealth management experiences, combining portfolio management, advisory services, and client engagement capabilities [5]

Core Insights - Temenos has been awarded the title of Best Core Banking System in the Banking Tech Awards 2025, highlighting its global banking capabilities and innovation [1][2] - This recognition follows an earlier win in the same category at the Banking Tech Awards USA earlier in the year, showcasing Temenos' strong market position and customer success [2] Company Performance - Temenos is trusted by over 950 banks worldwide for core banking solutions, offering flexibility and a path to modernization through cloud-native architecture [3] - The company invests approximately 20% of its annual revenues in research and development, enhancing its core capabilities across various deployment methods [4] Innovations and Developments - Recent innovations include a Gen AI Copilot designed to expedite the design, launch, testing, and optimization of financial products, and an FCM AI Agent aimed at reducing false positives in sanctions screening [4] - Temenos has received multiple accolades this year, including being named the best-selling core banking provider for 20 consecutive years in the IBS Intelligence Sales League Table 2025 and recognized as the Best Core Banking Solution by Euromoney [5]

Core Insights - Julius Baer has selected Temenos as the software provider to replace its outdated core banking system in Switzerland, aiming to modernize critical banking operations [1] Company Developments - The decision to partner with Temenos reflects Julius Baer's commitment to enhancing its technological infrastructure to better serve clients and improve operational efficiency [1] - This move is part of a broader trend in the banking industry where financial institutions are increasingly investing in technology to stay competitive and meet evolving customer demands [1] Industry Trends - The banking sector is witnessing a shift towards digital transformation, with many banks opting to upgrade their core systems to leverage advanced software solutions [1] - The collaboration between banks and technology providers like Temenos is indicative of the growing importance of fintech in the traditional banking landscape [1]