Ad hoc announcement according to Art. 6 Para. 1 lit. 53LR
GENEVA, Switzerland, March 29, 2023 (GLOBE NEWSWIRE) — Temenos TEMN announced today that a leading US domestic bank has signed on to Temenos’ SaaS solution to modernize its core banking platform.
Consolidating and replacing systems with a cloud-native, real-time platform will increase operational efficiencies, enable the bank to bring new products and services to market faster, and improve customer and employee experiences, all with the intention of Increase customer growth and retention.
The combination of a proven, highly scalable US SaaS model along with robust localization and compliance, backed by local US operations, is compelling for banks of all sizes and sizes to move to Temenos.
About Temenos
temenos TEMN is the world’s leading open platform for composable banking, empowering over 1.2 billion people around the world every day. We serve 3000 banks, from the largest to challengers and community banks in over 150 countries, helping them build new banking services and cutting-edge customer experiences. Temenos’ open platform helps our top-performing clients achieve a return on equity that is three times the industry average and a cost/income ratio that is half the industry average.
For more information, please visit www.temenos.com.
Investor and media contacts Investors Adam Snyder Head of Investor Relations, Temenos Tel: +44 207 423 3945 Email: asnyder@temenos.com Media Conor McClafferty FGS Global on behalf of Temenos Tel: +44 7920 087 914 Email: Conor.McClafferty@fgsglobal.com
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