T24 News
Tunisian Foreign Bank procures TEMENOS T24 to fuel European growth ambitions
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GENEVA 12 May 2010 – Temenos (SIX:TEMN), the market leading provider of integrated core banking software,today announces that the Tunisian Foreign Bank (TF Bank) has selected TEMENOS T24 (T24) as part of a growth strategy to extend its services and branch network throughout Europe. TF Bank is a universal bank incorporatedunder the laws of France and headquartered in Paris for European-based Tunisian capital. Its mission is to provide powerful financial leverage to Tunisians residing abroad – both private and corporate clients – and to European investors.
Temenos acquires FE-Mobile to accelerate expansion into mobile banking
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GENEVA, Switzerland, 10th May 2010 – Temenos (SIX: TEMN), the market-leading provider of integrated core banking systems, today announces that it has signed a definitive agreement to acquire FE-Mobile, a UK based provider of software solutions for the mobile banking industry. The transaction price was not disclosed.
Agricultural Bank of China selects TEMENOS CoreBanking for accelerated Next Generation System Transformation
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GENEVA, 5 May 2010 – Temenos (SIX: TEMN), the market leading provider of integrated core banking systems, today announced that Agricultural Bank of China (ABC), China’s third largest bank serving 350 million customers through 24,000 branch outlets has selected TEMENOS CoreBanking (TCB) as a Reference Architecture on which to create its Next Generation Core Banking System.
Temenos reports Q1 2010 results: returns to like-for-like revenue growth and raises full year outlook
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GENEVA, Switzerland, 28 April, 2010 – Temenos Group AG (SIX: TEMN), the market leading provider of integrated core banking solutions, reports first quarter 2010 results showing a return to like-for-like revenue growth after 5 quarters of decline and higher average deal size.
Q1 Financial and Operating highlights
§ Like-for-like revenue growth +3%, total revenue growth +16%
Q1 Financial and Operating highlights
§ Like-for-like revenue growth +3%, total revenue growth +16%
Premier Vietnamese Retail Bank adopts TEMENOS T24
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GENEVA, Switzerland, 29th March 2010: Temenos (SIX: TEMN), the market leading provider of integrated core banking systems, today announces that Sacombank, Vietnam’s sixth largest retail bank, has gone live on TEMENOS T24 (T24). Sacombank now fully operates its entire banking operations to support over two million customers on T24.
Barclays PLC selects TEMENOS AML for Payments Consolidation and Next Generation Screening Solution
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GENEVA, Switzerland, 22nd March 2010 – Temenos (SIX: TEMN), the market-leading provider of integrated core banking systems, today announced that Barclays has selected TEMENOS AML (AML) as its preferred global sanctions solution for payments screening. AML was benchmarked against other market leading competitors and proved to be the fastest and most operationally efficient offering. It will be deployed globally to replace existing platforms and consolidate the payments and transactions screening.
Temenos disposes of commodities software business in Switzerland
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GENEVA, Switzerland 16 March 2010 – Temenos (SIX: TEMN), the market-leading provider of integrated core banking systems, today announces the disposal of the commodities business of Viveo Switzerland to Brady plc. The commodities business was acquired as part of the Viveo acquisition announced in December last year. The consideration received for the business, which was modestly loss-making in 2009, was CHF3.8m (USD3.5m).
Denmark’s largest bank partners with Temenos to cut operational costs with Denmark’s largest bank partners with Temenos to cut operational costs with new lending platform
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GENEVA, Switzerland 15th March 2010 – Temenos (SIX: TEMN), the market-leading provider of integrated core banking systems, today announces that Danske Bank, Denmark’s largest bank and a leading player in the Nordic financial markets, will implement TEMENOS T24 (T24) Model Bank for Corporate Banking as its new lending platform. T24 will support Danske Bank’s loan rocessing across ten countries in Northern Europe (Denmark, Sweden, Norway, Finland, England, Northern Ireland, Ireland, Germany, Luxembourg and Poland) to reduce operational costs. The Danske Bank Group offers a comprehensive range of financial services, including insurance, mortgage finance, asset management, brokerage, real estate and leasing services. The platform handles advanced corporate loans as a departmental solution integrated with the corporate banking platform at Danske Bank.
CfC Stanbic Bank Kenya live on T24 Model Bank as part of new bank launch
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GENEVA, Switzerland, 26 February 2010 – Temenos (SIX: TEMN), the market-leading provider of integrated core banking systems, today announces that CfC Stanbic Bank Kenya, the fifth largest bank in Kenya and part of the Standard Bank Group Limited, Africa’s largest banking group by market capitalisation, has gone live on TEMENOS T24 (T24) Model Bank. The implementation forms part of the operational merger of CfC Bank Kenya and Stanbic Bank Kenya.
Temenos retains global leadership position in IBS Sales League Table
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GENEVA, Switzerland, 3rd March 2010 – Temenos Group (SIX: TEMN), the market-leading provider of integrated core banking systems, today announces that, for the third consecutive year, IBS Intelligence has ranked TEMENOS T24 (T24) in the top position in its 2009 Sales League Table. Temenos was one of very few vendors to increase sales in 2009 and the only one of the top 5 vendors to do so, underpinning its strong share gains in a market that shrunk in 2009. Temenos has maintained one of the top two positions in the League table for over a decade.