TEMENOS
10.12.2020 14:02:12 CET | Business Wire | Press release
Temenos (SIX: TEMN), the banking software company, today announced that it won the Business Culture Award 2020 for ‘Best Business Culture in a Crisis’. The prestigious awards celebrate forward-thinking companies that have created outstanding work-environments, enabling their employees to perform to their very best, facilitating exceptional business performance and customer delivery.
Temenos received the ‘Best Business Culture in a Crisis’ award for the strength of its culture and how it quickly supported banks through the crisis. In particular, the judges were impressed by Temenos’ vital solutions it offered to support banks, the company’s seamless transition to remote working, and the rapid move from physical to online events and channels.
Support included propositions designed to help banks in their immediate response to the pandemic but also to accelerate their digital transformation for the future. These Software-as-a-Service technology propositions ranged from helping banks to rapidly offer loans to small businesses and support their employees and the economy as a whole. This included helping US banks deliver billions of dollars in Paycheck Protection Program loans and enabling UK banks to accelerate loan applications under the government’s backed Bounce Back loans and Coronavirus Business Interruption Scheme (CBILS). Other propositions included financial crime mitigation solutions and opening up Temenos’ online learning community to banks for free.
Max Chuard, Chief Executive Officer, Temenos, said : “I’m so proud that the strength of our culture has shone through in such an exceptional year. Banks are being called upon to help society recover, by providing their customers with digital banking solutions, and by helping governments to roll out financial rescue packages. Supporting our people and our banking clients at this very difficult time required incredible agility, speed and innovation. It was a real test of our business and our Temenosity – caring for each other, never giving up or standing still, being ambitious and constantly looking ahead. Whilst we’re still adjusting to the ‘new normal’, we have seen great results from our approach, demonstrating the commitment of Temenosians and our ability to deliver banking solutions with real and lasting impact.”
The Business Culture Awards are hotly contested and other finalists this year included blue-chip companies such as Barclays, Cognizant, Lloyds Banking Group, McCann World Group, Sainsbury’s, and Volkswagen. For more information about the Business Culture Awards please visit: businesscultureawards.com
Temenos is also recognized by Great Place to Work as a top employer. The Great Place to Work program recognizes employers who invest in and value their people and organizational culture. Temenos was named one of Europe’s Best Places to Work in Europe and has and also achieved separate certifications for Best Workplace in India, the United Arab Emirates, Greece and Luxembourg.
– 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 1.2 billion 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/20201210005049/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
Picsart Launches Marketing Studio to Help Businesses Create, Test and Run Google Ads21.10.2026 16:03:00 CEST | Press release
Key Takeaways: Picsart’s new Marketing Studio brings content creation, advertising strategy, creative testing and paid distribution into one guided space. Businesses can test concepts and videos using Zappi’s consumer insights and predictive technology, then create and launch Google Ads campaigns directly within Picsart. Built primarily for small-business owners, solopreneurs and performance marketeers, Marketing Studio connects creative work with advertising performance, helping businesses use campaign results to guide what they make next. Picsart, the AI media production and distribution platform, where 100M+ creators and businesses worldwide make, market and monetize content, today launched Marketing Studio, bringing content creation, advertising strategy, creative testing and paid distribution into one connected experience. Available now, Marketing Studio combines market insights from Zappi with a Google Ads integration that lets businesses create and launch campaigns directly with
Interactive Brokers Introduces Autonomous Trading21.10.2026 16:00:00 CEST | Press release
Eligible clients can authorize connected AI to monitor 75,000+ listed stocks, options and ETFs worldwide and submit supported trades on their behalf based on criteria they define Interactive Brokers (Nasdaq: IBKR), an automated global broker, today announced IBKR Autonomous Trading, a new capability that allows eligible clients to authorize connected AI platforms to identify trading opportunities across more than 75,000 listed stocks, options and ETFs worldwide and submit supported orders within a dedicated AI Partition. Clients can create and fund their AI Partition by transferring funds from their main IBKR account, without opening a new account or making an external deposit. The AI operates based on client-defined instructions, subject to account restrictions and safeguards designed to help manage risk. Through natural language, clients can access Interactive Brokers' extensive trading capabilities and define how they want the AI to trade on their behalf. “For decades, Interactive B
DDN and Nebul Accelerate Sovereign AI Inference with DDN Infinia21.10.2026 16:00:00 CEST | Press release
DDN Infinia helps Nebul reuse model context across its NVIDIA-powered AI cloud, with testing showing nearly 10x faster token responses DDN, the global leader in AI and data intelligence solutions, announced today at GTC Berlin 2026 that European AI cloud provider Nebul is using DDN Infinia to accelerate AI inference for sovereign workloads across its NVIDIA-powered infrastructure. Specifically, DDN Infinia is being used to store and reuse key-value (KV) cache, reducing the GPU work required to serve AI models. In testing, DDN helped Nebul sovereign AI workloads find answers faster at a lower cost: Nearly 10x faster time to first token with DDN Infinia than Nebul’s own cache on CPU and memory. Up to 5x faster token responses than alternative solutions. 2.5x more input tokens per second from the same GPUs. Nearly 60% lower cost per million input tokens, by reloading context instead of recomputing it. Testing covered workloads ranging from short prompts to large-token contexts under concu
i2c Marks a Year of Momentum Driving Financial Institutions and Fintechs in the Race to Modernize21.10.2026 15:00:00 CEST | Press release
New client wins, expanded partnerships, and a wave of industry recognition reflect growing demand for i2c and its PowerOne platform i2c Inc., a global financial technology innovator, today recapped key milestones from the past year as financial institutions and fintechs raced to modernize their banking and payments technology. Behind that race is mounting pressure. New American Banker research in partnership with i2c found that 88% of financial institutions have accelerated their modernization timelines due to competition from digital-first banks, fintechs, and non-bank providers, with executives most often citing legacy processing architecture as the greatest barrier. Too many remain stuck choosing between legacy platforms with proven scale and modern platforms with agility. For more than 26 years, i2c has helped clients skip that trade-off entirely. i2c’s next-gen PowerOne unified banking and payments platform gives clients one global foundation to outperform competitors running on f
Civil Air Patrol Orders 21 New Cessna Aircraft to Strengthen Lifesaving and Community Missions21.10.2026 15:00:00 CEST | Press release
New Skyhawk, Skylane and Stationair aircraft will support CAP missions across the U.S., with deliveries anticipated in 2027 Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced an order from Civil Air Patrol (CAP) for 21 additional Cessna piston aircraft that will support CAP's emergency response, training and community missions across the U.S. Deliveries are expected to be completed in 2027. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261021955281/en/ Maj. Gen. Regena Aye and Brig. Gen. R. Jason Bailey of the Civil Air Patrol tour Cessna piston assembly at Textron Aviation’s facility in Independence, Kansas The order includes seven Cessna Skyhawk 172 aircraft, 11 Cessna Skylane 182 aircraft, two Cessna Turbo Skylane T182T aircraft and one Cessna Turbo Stationair HD 206 aircraft. CAP is the world's largest operator of Cessna aircraft. “These Cessna aircraft help ensure our members are ready when comm
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