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Temenos named best-selling core banking provider for 20th consecutive year by IBS Intelligence
Globenewswire· 2025-06-13 08:03
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]
Temenos Named Best Core Banking System at Banking Tech Awards USA
Globenewswire· 2025-06-02 16:01
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]