T24 News

Temenos continues to expand AML client base and celebrates launch of ARC Mobile with first customer

2 August 2010 – Temenos (SIX: TEMN), the market leading provider of banking software, today announced that the Commercial Bank of Ethiopia (CBE), the country’s largest bank with more than two million customers, has selected Temenos to transform its entire operational infrastructure across more than 200 branches. CBE’s operational improvement plans will modernise its services to its growing client base in Ethiopia as part of its vision to become a World Class bank in the region. CBE is a government owned bank which offers a range of retail banking services, which has already opened a subsidiary company in Southern Sudan with plans to extend its services to other East African countries.

Metro Bank opens its doors in the UK with TEMENOS T24

LONDON, 29 July 2010 – Temenos (SIX: TEMN), the market leading provider of banking software, announced that Metro Bank, the first full service bank to enter the UK retail banking market in over a century launched its operations on TEMENOS T24 (T24).

Metro Bank will offer unparalleled customer service with a unique branch approach, underpinned by a convenience with quality business model to serve the banking needs of the consumer and business communities. It pledges to deliver the ultimate customer experience through exceptional service delivery. Customers will benefit from extended opening hours with branches in operation 361 days of the year, a 24/7 London based call centre, online banking facilities and rapid account opening services with debit and credit card issuance in 15 minutes.

Geneva, Switzerland, 28 July, 2010 – Temenos Group AG (SIX: TEMN), the market leading provider of core banking solutions, today reports second quarter 2010 results demonstrating excellent profit growth on the back of strong licence sales and focused investments.

Q2 Financial and Operating highlights
  • Like-for-like revenue growth +11%, total revenue growth +22%
  • Like-for-like licence growth +19%, reported licence growth +26%
  • Adjusted EBIT +46%, adjusted EPS +44%
  • Adjusted EBIT margin growth of 300bps

BforBank to deliver unique private banking experience to the French mass affluent market

GENEVA Switzerland, 12 July 2010 – Temenos (SIX: TEMN), the market leading provider of integrated core banking systems, today announced that BforBank, a fully-owned subsidiary of Crédit Agricole Regional Banks and Crédit Agricole SA, has gone live on TEMENOS T24. BforBank is a new online private bank offering savings, life insurance, mutual funds and e-brokerage to the French mass affluent market. BforBank aims to be the first true online private bank, empowering customers to become their own private bankers by offering the quality of information and range of tools open to a financial advisor. Given its true 24x7 availability, its flexibility and its strong out-of-the box workflows and interfaces, T24 was considered the best back-office solution to support the bank’s mission.

Temenos is again the most successful pure-play banking platform vendor
GENEVA, Switzerland – 2 June 2010 - Temenos (SIX: TEMN), the global provider of banking software, today announced that Forrester Research, Inc. has named Temenos a ‘Global Power Seller’ in its May 2010 report, Global Banking Platform Deals 2009.

Latest release extends benefits of leading packaged core banking software

Temenos Community Forum, Berlin, 26th May 2010 – Temenos (SIX: TEMN), the market leading provider of banking software, today announced the release of the latest version of its core banking software, TEMENOS T24 (T24) R10.

GENEVA, 28 May 2010 – Temenos (SIX: TEMN), the market leading provider of integratedcore banking systems,today announces that it has disposed of the assets of VBFConsulting, the consulting arm of Viveo Group. The assets of VBF Consulting, which had 35 employees, have been sold to Investance, a French-based privatelyowned consulting firm specialised in financial services. The price has not been disclosed.

Temenos Community Forum, Berlin, 26th May, 2010 – Temenos (SIX:TEMN), the market leading provider of banking software, today announces that mobile payments solutions provider Luup will be integrating TEMENOS T24 (T24) banking components as part of Luup’s growth strategy for their existing mobile payments offering aimed at financial institutions and their customers, from corporates to consumers. Additionally a strategic partnership agreement between Luup and Temenos is expected to open up joint business and growth opportunities.

Temenos gains strong traction in Canada with new signing

Temenos Community Forum, Berlin, 25th May, 2010 – Temenos (SIX: TEMN), the market leading provider of banking software, today announced that Servus, a leading Canadian credit union with more than $10 billion in assets, has selected TEMENOS T24 (T24). Servus will implement T24 Canadian Model Bank, which includes all membership functionality and interfaces for ease of integration with third party systems to support the Canadian credit union market. Servus provides a complete line of banking services, including registered accounts, financing,investments, insurance, commercial banking, 24-hour on-line and telephone banking

Agreement Expands Global Delivery and Sales Capabilities

GENEVA and CHICAGO – May 25th, 2010 – Temenos, a leading provider of banking software and Capgemini,Financial Services USA, Inc, a global business unit of Capgemini, one of the world's foremost providers ofconsulting, technology and outsourcing services, today announced they have entered into a strategic alliance to significantly enhance the global sales, service and delivery capabilities for Temenos core banking solutions which provide banks with unparalleled richness in functionality with complete front- to-back office support.