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FundBank Goes Live with Temenos to power its global expansion into the U.S.
Globenewswire· 2025-08-28 06:41
Core Insights - FundBank, a financial institution based in the Cayman Islands, has successfully launched its operations on Temenos SaaS to facilitate its expansion into the U.S. market [1][5] - The deployment of Temenos SaaS allows FundBank to enhance its digital offerings, improve product launch speed, and scale its operations efficiently [2][4] Company Overview - FundBank specializes in providing banking and custodial solutions to the asset management industry, offering services such as multi-currency bank accounts, payment services, custody, and trading solutions [3] - The bank supports both management companies and their funds, catering to clients in the U.S. and globally [3] Technological Deployment - FundBank has implemented a comprehensive suite of services on Temenos SaaS, including digital and core banking, payments, and data analytics [2] - The platform enables a fully digitized corporate onboarding experience, allowing clients to complete the process quickly and securely [2] Strategic Benefits - By utilizing Temenos SaaS, FundBank can focus on customer-centric innovation and expanding its banking services while Temenos manages operations, support, and continuous updates [4] - The partnership with Temenos is seen as a key factor in FundBank's future growth, providing a simplified banking approach for investment funds and managers [5]
2degrees and Nokia accelerate delivery of 5G services and improve network efficiency in New Zealand
GlobeNewswire News Room· 2025-03-31 02:00
2degrees and Nokia accelerate delivery of 5G services and improve network efficiency in New Zealand 31 March 2025 Espoo, Finland – 2degrees is expanding its Voice Core relationship with Nokia in a six-year deal in which the New Zealand operator will tap Nokia's containerized Cloud Native Communication Suite (CNCS) to accelerate the deployment of new 5G services and optimize its network resources. CNCS makes it easier for operators like 2degrees to deploy multiple vendors' applications on the same cloud infr ...