Skip to main content

Independent research firm names Temenos a Leader in Digital Banking Processing Platforms

Written by Customer Service on . Posted in Public Companies.

Temenos’ “extensive functionality across retail, SMB, and corporate banking lines” recognized in Q4 2024 Digital Banking Processing Platforms analyst report

GRAND-LANCY, Switzerland, Dec. 19, 2024 (GLOBE NEWSWIRE) — Temenos (SIX: TEMN) today announced that it has been named a Leader in The Forrester Wave™: Digital Banking Processing Platforms, Q4 2024. According to Temenos, this reflects the flexibility and rich functionality of its comprehensive core banking solutions, which are further enhanced by a strong partner ecosystem and Temenos’ continued investment in innovation.

This Forester Wave™, which covers both retail and corporate banking, evaluates the 12 top Digital Banking Processing Platform providers according to their current offering, strategy and customer feedback. In this evaluation, Temenos was one of two vendors to be named a Leader.

The report, authored by Huard Smith, Principal Analyst, Forrester, notes: “Temenos invests significantly in an already superior innovation process that includes advanced and explainable AI.” It goes on to say, “Temenos is best suited for banks seeking a comprehensive modern platform with strong AI capabilities, especially those needing guidance on the journey to a cloud and API-first microservices-based architecture.”

Barb Morgan, Chief Product & Technology Officer, Temenos, commented: “We are honored to be recognized by Forrester as a leader in digital banking processing platforms – we believe this is a reflection of our deep commitment to our clients and the responsibility we uphold to drive their success. Our core banking solutions, trusted by financial institutions worldwide, empower banks with unparalleled flexibility and choice, offering deployment options on-premise, in the cloud, or as SaaS. This enables them to modernize rapidly, simplify operations, and deliver exceptional, customer-centric experiences that meet the demands of today’s market.”

Temenos Explainable AI is embedded in multiple areas within Temenos solutions, including credit scoring, anti-money laundering, payment exceptions, customer engagement and cross-selling. Temenos also launched the first Responsible Generative AI solutions for core banking in May 2024, and more recently announced a collaboration with NVIDIA to provide banks with exceptional speed and precision in delivering AI-driven services.

About Temenos
Temenos (SIX: TEMN) is the world’s leading platform for banking, serving clients in 150 countries by helping them build new banking services and state-of-the-art customer experiences. Top performing banks using Temenos software achieve cost-income ratios almost half the industry average and returns on equity 2X the industry average. These banks’ IT spend on growth and innovation is also 2X the industry average.

For more information, please visit www.temenos.com. 

CONTACT: Media Contacts

Scott Rowe & Michael Anderson
Temenos Global Public Relations
Tel: +44 20 7423 3857
Email: press@temenos.com

Gabriel Goonetillake
Temenos Team at Edelman Smithfield
Tel: +44 7813 407710
Temenos@EdelmanSmithfield.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.