TEMENOS
20.8.2020 15:44:10 CEST | Business Wire | Press release
Temenos (SIX: TEMN), the banking software company, today announced that leading industry analyst firm Gartner, Inc., has again named Temenos as a Leader for its ability to execute and its completeness of vision in Gartner’s August 2020 Magic Quadrant for Global Retail Core Banking report.
Max Chuard, Chief Executive Officer, Temenos, said: "We are proud to be named by Gartner as a Leader in global core banking for the 11th time. We believe Temenos SaaS is powering the digital banking revolution, accelerating the digital transformation and transition to the cloud for traditional banks and fueling a new breed of mobile-first neobanks all around the world. Today, we have over 800 core banking customers, and the largest installed base in cloud according to the report. We take a new bank live every day and we are implementing remotely to support our customers during these challenging times. We continue to invest heavily in R&D, more than any competitor in this space, and have made strategic investments to enhance our cloud-native platform with the latest technology, including AI, microservices, and richest banking functionality. We believe our position in the Magic Quadrant is validation of these investments, our strategic vision and global customer success.”
According to Gartner Analysts, Vittorio D’Orazio and Don Free, authors of the report:
“The demand for core banking packages is expected to grow in 2020 as banks deliver on digitalization strategies while facing the consequences from the COVID-19 pandemic.”
Temenos Transact core banking software offers the winning combination of advanced cloud-native, AI and API-first technology and the richest banking functionality to help banks transform faster.
Today, Temenos Transact is delivered as Temenos SaaS and can also be deployed natively on all main commercial cloud platforms or a private cloud, allowing banks to take the full benefit of lower operating costs and elastic scalability of these services, as well as benefiting from in-built operational resilience. Temenos’ technology microservices architecture helps banks replace their legacy systems at their own pace and deliver additional services and capabilities on top of multiple systems. Temenos Transact is also now pre-integrated with Temenos Infinity, the breakthrough digital front office product, to deliver an end-to-end digital transformation.
AI has emerged as a top priority for banks and with the July 2019 acquisition of Logical Glue, Temenos is the first to bring transparency and explainability of AI automated decision making to the banking industry.
*Gartner, Inc., “Magic Quadrant for Global Retail Core Banking,” Vittorio D’Orazio and Don Free, August 2020
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
– Ends –
About Temenos
Temenos AG (SIX: TEMN) is the world’s leader in banking software. Over 3,000 banks across the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily transactions and client interactions of more than 500 million banking customers. Temenos offers cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund administration software enabling banks to deliver frictionless, omnichannel customer experiences and gain operational excellence.
Temenos software is proven to enable its top-performing clients to achieve cost-income ratios of 26.8% half the industry average and returns on equity of 29%, three times the industry average. These clients also invest 51% of their IT budget on growth and innovation versus maintenance, which is double the industry average, proving the banks’ IT investment is adding tangible value to their business.
For more information, please visit www.temenos.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20200820005532/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Optimum Asset Management’s Investor Summit in Portofino brings together Mike Pompeo, Matteo Renzi and leaders across government, finance and industry to discuss the future of the global economy and geopolitics16.6.2026 09:30:00 CEST | Press release
Mike Pompeo addressed geopolitical risks including China, Iran, Ukraine and Europe-US security cooperation. Matteo Renzi, Edoardo Rixi and senior government representatives joined discussions on European competitiveness, infrastructure and energy. The summit convened institutional investors, entrepreneurs and financial market professionals to discuss the future of the global economy. The first edition of the Optimum Investors Summit – The Portofino Conversation, hosted by European real estate private equity investment firm Optimum Asset Management and its Italian partners Alberto Matta, Rodolfo Misitano, Enrico Imbraguglio and Andrea Suriano, concluded with strong participation from institutional investors (including pension funds), entrepreneurs, government representatives and financial market professionals. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615915564/en/ Alberto Matta, Managing Partner at Optimum Asset Mana
Elite Tech, Accessible Price - Introducing the Logitech G3 Series Mouse and Keyboard for PC Gaming16.6.2026 09:05:00 CEST | Press release
Elite Precision - Unleash pro-grade speed with the G305 X SUPERLIGHT gaming mouse and G316 X 98 gaming keyboard. Featuring the HERO 44K sensor and an 8 kHz report rate, this duo delivers sub-micron accuracy and near-instant response for every player.Boutique Customization - Get that premium "thock" without the DIY hassle. The G316 X 98 features a snap-fit gasket design, hot-swappable switches, and an interactive dot-matrix display for a truly custom feel.The Power Ecosystem - High performance, accessible price. Elevate your setup with the G305 X SUPERLIGHT mouse, G316 X 98 mechanical keyboard, and the plush G325 wireless headset—the ultimate gear for total immersion. Logitech G today announced the expansion of the G3 Series suite of PC Gaming products. Designed to bring pro-inspired performance to more gamers, the extended lineup features the G305 X SUPERLIGHT wireless gaming mouse and the G316 X 98 wired mechanical gaming keyboard. This press release features multimedia. View the full
Ny analyse: AI udfordrer SMV’ers digitale konkurrenceevne16.6.2026 09:01:00 CEST | Pressemeddelelse
AI skaber nye konkurrencevilkår og udfordringer for virksomheder digitalt, og særligt SMV’er har svært ved at følge med udviklingen. Det viser en ny undersøgelse blandt over 10.000 europæiske virksomheder, hvoraf 556 af dem er danske. Virksomheder har aldrig haft adgang til så mange digitale kanaler, men med udviklingen af AI, øget konkurrence og skiftende algoritmer er det digitale landskab blevet mere komplekst end nogensinde før, og vilkårene ændrer sig lige nu hurtigere, end mange kan nå at følge med. En ny omfattende erhvervsundersøgelse fra hosting-virksomheden team.blue, som i Danmark har 220 medarbejdere og 250.000 kunder med kontorer i Skanderborg og København, viser, at det er blevet sværere for virksomheder, særligt SMV’er, at styre deres digitale forretningsvækst. Ifølge undersøgelsen, State of European Business Report 2026, som er foretaget blandt mere end 10.000 virksomheder på tværs af 32 lande, herunder 556 fra Danmark, hvoraf størstedelen er SMV’er, er der opstået et s
Tampere Philharmonic Orchestra Appoints Kristian Sallinen as the Next Chief Conductor16.6.2026 09:00:00 CEST | Press release
Kristian Sallinen has been appointed Chief Conductor and Artistic Director of the Tampere Philharmonic Orchestra. He will begin his three-year term in August 2027, following the tenure of British conductor Matthew Halls. Sallinen will conduct a minimum of 7–8 programmes each season alongside other projects and will become the thirteenth Chief Conductor in the Finnish orchestra’s 96-year history. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615800659/en/ Conductor Kristian Sallinen will begin his tenure as the new Chief Conductor of the Tampere Philharmonic Orchestra in August 2027. Photo: Antti Rintala. Sallinen last appeared in Tampere in September 2025, conducting Richard Strauss’s Der Rosenkavalier Suite and Magnus Lindberg’s Concerto for Orchestra. He will return this September to lead a programme of Finnish music by Jean Sibelius, Kaija Saariaho and Väinö Raitio. – I am deeply honoured and grateful for the trust th
ABB Robotics and PSYONIC Use Human-Generated Data to Advance Robotic Dexterity16.6.2026 06:01:00 CEST | Press release
ABB Robotics and PSYONIC collaborate to revolutionize grasping and dexterity, a core capability for Autonomous Versatile Robotics™ ABB GoFa™ helps test PSYONIC’s Ability Hand for robotics, combining touch sensing, compliant design and human-derived training data Dexterity remains a major challenge for industry; improved handling can reduce engineering time by up to 30%¹ ABB Robotics is collaborating with California bionics company, PSYONIC, to advance robotic gripping and dexterity using a new approach that utilizes real-world manipulation data from human prosthetic use. By combining the PSYONIC Ability Hand with an ABB GoFa™ cobot, the collaboration will explore how touch and motion data generated by human prosthetic use can be used to train robots to perform delicate, variable tasks that have traditionally been difficult to automate. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260612749544/en/ “Human dexterity and the i
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom