Financial Performance Highlights - Core revenue grew by 4% year-over-year in Q2 2025[15, 49], reaching $1094 million[48] - Adjusted EBITDA margin was 186% in Q2 2025[15, 49], with Adjusted EBITDA of $205 million[49] - Adjusted diluted EPS increased by 9% year-over-year to $093[15, 49] - The company reaffirmed its FY 2025 outlook[16] Segment Performance - Self-Service Banking segment revenue increased by 9% year-over-year[23, 52] - Self-Service Banking adjusted EBITDA increased by 20% year-over-year[23] - Network segment revenue increased by 7% quarter-over-quarter[32] - ATM as a Service (ATMaaS) revenue increased by 32% year-over-year[17, 61] Key Performance Indicators - ATMaaS backlog increased by 105% year-over-year[17, 25] - Customer satisfaction scores improved by 160 basis points year-to-date[17, 24] - Cash deposit transactions in the Network segment increased by 170% year-over-year for the first half of the year[34]

Core Insights - Temenos has been recognized as the 1 best-selling software provider in 13 categories in the IBSi Sales League Table 2025, demonstrating its leadership in banking technology [1][2] - This marks the 20th consecutive year that Temenos has ranked 1 for core banking, indicating its sustained dominance in this segment [2][4] - The IBS Intelligence Annual Sales League Table serves as a benchmark for financial technology providers' sales performance, based on new customer contracts signed in a calendar year [3] Product Categories - Temenos ranked 1 in the following categories: Core Banking, Digital Banking and Channels, Payments (Retail), Private Banking and Wealth Management, Risk Management, Treasury and Risk Management, Digital Only Banks, Data Warehouse & BI, Islamic Banking (Universal Banking - Core, Risk Management, Payments - Retail, Wholesale Banking Treasury, Digital Banking and Channels) [4][8] Innovation and Investment - The company invests around 20% of its revenues in R&D, focusing on enhancing its capabilities and introducing innovations such as a Gen AI Copilot and an FCM AI Agent [6] - Temenos' software solutions are cloud-native and can be deployed on-premises, in the cloud, or as SaaS, providing flexibility and a proven path to banking modernization [5] Industry Recognition - Temenos has received multiple accolades, including being named a Leader in the 2024 IDC MarketScapes for Digital Core Banking Platforms across North America, EMEA, and Asia Pacific, as well as in the Forrester Wave™ for Digital Banking Processing Platforms [9]

Group 1 - Temenos has been awarded the Best Core Banking System at the Banking Tech Awards USA 2025, highlighting its innovative capabilities in the US banking sector [1] - The company offers a best-of-suite core banking and modular core solutions, providing US financial institutions with choice, flexibility, and a path to modernization, supported by cloud-native architecture and embedded AI [2] - Temenos' core banking software is trusted by over 950 banks globally and can be deployed on-premises, in the cloud, or as SaaS [2] Group 2 - US financial institutions using Temenos benefit from robust regionalization and pre-configured banking capabilities tailored for the US market, along with a Model Bank framework for efficient implementation [3] - The President of Americas at Temenos emphasized the award's significance in demonstrating the company's US banking capabilities and its commitment to innovation in this strategic growth market [4] - Temenos is establishing a new Innovation Hub in Central Florida, which will house around 200 technology and product developers to foster co-innovation with US financial institutions [4] Group 3 - The company invests approximately 20% of its revenues in R&D to enhance its core banking suite, with recent innovations including a Gen AI Copilot to expedite the design and optimization of financial products [5] - Temenos has launched the first Responsible Generative AI solutions for core banking in 2024, reinforcing its leadership in AI [5] - The company has been recognized as a Leader in the IDC MarketScape for North America Digital Core Banking Platforms 2024 Vendor Assessment and in The Forrester Wave™: Digital Banking Processing Platforms, Q4 2024 [6]

Core Insights - Temenos announced record-setting benchmark results for its cloud-native core banking solutions on Microsoft Azure, showcasing speed, efficiency, and scalability for modern AI-powered banking [1][2] - The benchmark simulated a bank with 25 million customers and 50 million accounts, processing 16,600 transactions per second while handling additional AI workloads [3] - The latest technology demonstrated over 40% improvement in efficiency compared to the previous year's benchmark, thanks to advancements in architecture and Microsoft Azure Cobalt 100 ARM processors [4] Technology and Performance - Temenos' banking solutions can process large volumes of transactions and data quickly and securely, using less hardware, which helps banks scale on demand while maintaining peak performance [5] - The benchmark also tested banking APIs through Microsoft Open AI Service interfaces to ensure readiness for future AI and Gen AI demands [5] Industry Trends - A Hanover Research survey indicated that 75% of banks are exploring Generative AI deployment, with 82% investing in technology to enhance operating efficiency [6] - Among banks already deploying or exploring Generative AI, 43% plan to increase their investment in the technology this year compared to last year [6] Expert Commentary - Industry experts emphasized the critical need for flexible and scalable core systems as banks adopt new technologies like Generative AI, highlighting the potential of Temenos' solutions to support high transaction volumes while managing infrastructure efficiency [7] - Temenos' commitment to cloud and SaaS technology is underscored by the benchmark results, which demonstrate the speed and scalability required for the next generation of banking [7] - The collaboration between Microsoft and Temenos is seen as a strategic move to enhance core banking capabilities in the cloud, aiming to transform customer experiences and drive innovation [7]

Company Overview - nCino, Inc. is a leading provider of intelligent banking solutions, focusing on helping financial institutions digitize and reengineer business processes to enhance efficiency and customer experience [2] - The company serves over 2,700 customers globally, including community banks, credit unions, independent mortgage banks, and major financial entities [2] - nCino integrates artificial intelligence and actionable insights into its platform to improve risk management and customer satisfaction [2] Investor Conferences - nCino will participate in several upcoming investor conferences, including: - Baird's 2025 Global Consumer, Technology, & Services Conference on June 3 at 9:40 a.m. ET - BofA Securities 2025 Global Technology Conference on June 5 at 10:40 a.m. PT (1:40 p.m. ET) - Morgan Stanley US Financial Conference on June 10 at 4:00 p.m. ET [1] Access to Information - Live webcasts and replays of the presentations will be available on the company's investor relations website [1]

Core Insights - nCino, Inc. announced preliminary financial results for Q1 2025, exceeding the top end of previously disclosed guidance for Total Revenues, Subscription Revenues, and non-GAAP Operating Income [1] Financial Performance - The company will report its first quarter fiscal 2026 results on May 28, 2025, after market close [2] - The preliminary results mentioned are unaudited and subject to change [2] Investor Engagement - nCino is hosting its Investor Day on May 20, 2025, at 1:00 p.m. ET, which will be webcast live [3] - A replay of the event and related materials will be available on the company's Investor Relations website [3] Company Overview - nCino is a leading provider of intelligent banking solutions, helping financial institutions digitize and improve business processes [4] - The company serves over 2,700 customers globally, including community banks, credit unions, and large financial entities [4] - nCino integrates AI and actionable insights into its platform to enhance decision-making, risk management, and customer satisfaction [4]

Core Insights - Temenos launched the Product Manager Copilot at the Temenos Community Forum '25, aimed at enhancing banks' ability to innovate and optimize financial products using Generative AI [1][7] - The Product Manager Copilot integrates Microsoft Azure OpenAI Service, providing a conversational interface for product, IT, and customer service managers to utilize Temenos' core banking functionalities [2][5] Product Features - The Copilot is part of Temenos' advanced and enterprise product offerings, designed to help banks design, launch, and test retail products more efficiently [3][4] - It allows product managers to interact through familiar platforms like Microsoft Teams, facilitating quick access to business insights without complex queries [4][5] Market Context - A study indicated that 75% of banks are exploring Generative AI, with 36% already deploying it, highlighting a significant trend towards AI adoption in the banking sector [6] - The integration of Generative AI is seen as transformative for the banking industry, emphasizing the need for traditional banks to innovate rapidly to remain competitive against fintechs and neobanks [6][7] Collaboration and Future Availability - Temenos developed the Copilot in collaboration with clients like Banque Internationale à Luxembourg, ensuring a customer-focused approach to innovation [7][8] - General availability of the Product Manager Copilot is expected in Q4 2025, with financial institutions able to register for early access [8]

Company Overview - nCino, Inc. is a leading provider of intelligent banking solutions, helping financial institutions digitize and reengineer business processes to enhance efficiency and customer experience [3] - The company serves over 2,700 customers globally, including community banks, credit unions, independent mortgage banks, and major financial entities [3] - nCino integrates artificial intelligence and actionable insights into its platform to improve risk management and customer satisfaction [3] Investor Day Announcement - nCino will host its Investor Day on May 20, 2025, in Charlotte, North Carolina, from 1:00 to 3:00 pm EST [1] - The event will be part of nSight, nCino's annual conference, taking place from May 19-21, 2025 [1] - Attendance to the Investor Day is by invitation only for institutional investors and analysts, and the event will be webcast live [1][2]

Core Viewpoint - SoFi has experienced a significant decline in stock price despite reporting its first full profitable year and strong business momentum, indicating potential overreaction in the market [2][10]. Company Performance - SoFi's stock price has decreased by 37% since its peak in January, even after a recent rebound [2]. - The company ended 2024 with 10.1 million members, a 34% increase from the end of 2023, and revenue grew by 26% [5]. - 2024 marked SoFi's first full year of positive net income, with adjusted EBITDA also growing by 26% [6]. Growth Catalysts - SoFi has announced two personal loan securitization agreements totaling approximately $1.2 billion and expanded its loan platform business through a $5 billion agreement with Blue Owl Capital [8]. - The Galileo technology platform launched a Deposit Sweep product, enhancing customer interest earnings [8]. - The loan platform presents significant revenue growth potential in a capital-light, low-risk manner, with opportunities for cross-selling products to existing customers [9]. Market Context - Despite negative economic news and increased uncertainty in the stock market, SoFi's actual business news has been positive [7]. - The stock is currently trading at its lowest price-to-book valuation in six months, despite the company's progress [10].

Core Insights - Unisys has partnered with Thought Machine to deliver end-to-end core and branch banking solutions that enhance technology-first strategies for banks [1][2] - The integrated solution combines Unisys's advanced branch technology with Thought Machine's Vault Core platform, utilizing AI and advanced security features to improve service quality [2][3] - The collaboration aims to transform branch banking into a more efficient, secure, and customer-centric experience, referred to as "branch banking 2.0" [3] Company Overview - Thought Machine is recognized for its cloud-native core banking and payments technology, with its Vault Core platform being utilized by major banks globally [5] - Unisys is a global technology solutions provider that offers a range of services including cloud, AI, and enterprise computing, aimed at helping organizations unlock their potential [6]