T24 News

New banking system to centralise multi-country operations

GENEVA, Switzerland, 15 September 2009 – Temenos (SIX: TEMN), the global provider of integrated core banking systems, today announced that Bank SinoPac has selected TEMENOS T24 Model Bank (T24) to centralise its operations and support plans to double its client base over the next five years. A leading Taiwanese bank with 131 domestic branches and operations in the US, Hong Kong, Vietnam and Macao, Bank SinoPac serves 4 million retail and corporate customers worldwide.

Eager take up of new solution demonstrates demand for business intelligence capabilities

GENEVA, Switzerland, 14 September 2009: Temenos (SIX: TEMN), the global provider of integrated core banking systems, today announced at Sibos 2009, that 17 banks, including retail, commercial and private banks from across Europe, the Middle East, Africa, Asia and Latin America, have selected TEMENOS Insight (Insight), the business intelligence suite built on Microsoft’s BI platform, that was launched by the company earlier this year.

Leading Microfinance specialist Equitas selects T24

GENEVA, Switzerland 24 August 2009 – Temenos (SIX: TEMN), the global provider of integrated core banking systems, today announced that Equitas, a leading Microfinance specialist in India, has selected TEMENOS T24 (T24) to help drive its expansion across the country. Established in December 2007, Equitas offers financial support to those who are unable to access financial services from the mainstream banks in India. Equitas is generally recognised as the fastest growing start up MFI in the world that has fuelled its growth through strategic technology investment.

Signs second Misys replacement in four months

GENEVA, Switzerland 13 August 2009 – Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that Cairo Amman Bank, one of the largest banks in Jordan, has selected TEMENOS T24 (T24) to replace its legacy system and provide a robust platform from which to drive growth across the country. Cairo Amman offers a wide range of banking, commercial and investment services. With 170 branches and service centres servicing two million customer accounts today, the bank plans to increase the number of branches in the next five years and to expand in the region and overseas markets. The bank signed the deal with Temenos in June 2009, following the recent signing of Temenos’ first customer in the country.


GENEVA, Switzerland 23rd July 2009 - Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that it has been positioned by Gartner, Inc. in the Leaders Quadrant in the International Retail Core Banking Magic Quadranti report. Gartner Inc. positioned vendors based on 15 qualification criteria that included product/service capability, customer experience and market understanding. Describing the calibre of vendors featured in the leaders quadrant, the report explains

 

GENEVA, Switzerland, 22nd July 2009 – Temenos (SWX: TEMN), the global provider of integrated core banking systems and Metavante Corporation, the principal subsidiary of Metavante Technologies, Inc. (NYSE: MV), today announced that they have reached a settlement relating to the termination of their agreement to launch an advanced core banking platform using TEMENOS Core Banking (TCB) in the US market.

Temenos continues to maintain dominant market position ahead of main competitors

GENEVA, Switzerland – 29 May 2009 - Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that Forrester Research has named TEMENOS a ‘Global Power Seller’ in its May 2009 report, Global Banking Platform Deals 2008: Setting The Stage In A Maturing Market. The survey assessed 17 banking platforms, covering banking platform functionality and number of new customers. The report found that Temenos was a leader with more than 35 new win deals across more than six regions in 2008. This report follows TEMENOS T24’s leadership position in the recently published Forrester Wave ™ for Global Banking Platforms Q1 2009, and reinforces Temenos’ leading market position ahead of its main competitors.

Temenos Client Forum, Monaco 6 May, 2009 – Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that it has signed a global strategic partnership with Cognizant (NASDAQ: CTSH) , a leading provider of information technology, consulting and business process outsourcing services, to significantly enhance its service and delivery capabilities for Temenos T24 (T24). As a fast growing organization that has doubled in size over the past four years and is managing an increasing number of core banking implementations across the globe, Temenos is committed to strengthening its partner programme to broaden systemic capacity to market and implement its product. This will enable the company to improve margins and cash generation during its next phase of growth.

Latest release extends benefits of leading packaged core banking software solution

Temenos Client Forum, Monaco, [5th May, 2009] – Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced the release of the latest version of its core banking software, TEMENOS T24 (T24) R09. Featuring over 100 individual enhancements to the packaged solution, including TEMENOS Insight (Insight), the Business Intelligence product suite, T24 R09 introduces new modules for structured products, corporate internet banking and loan origination, while further leveraging T24’s strong Service Oriented Architecture (SOA). In addition to this release, Temenos has also announced the first implementation of T-Verify, its automated software upgrade tool, at Schroders Private Bank.

National Bank of Malawi replaces Bankmaster with T24 Model Bank

GENEVA, Switzerland, 29 April 2009 – Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that the National Bank of Malawi (NBM), a leading commercial bank in the country and a long standing Misys client, has selected TEMENOS T24 (T24) as its new core banking system to support its retail and corporate banking activities, servicing over 160,000 customers. T24 Model Bank for Universal Banking will enable NBM to centralise its operations on a single, multi channel and functionally rich platform to improve efficiencies and reduce costs.