March 24, 2016
The updated version of this article can be found here.
Temenos Group AG, headquartered in Geneva, is a market-leading software provider that partners with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace. Temenos customers significantly outperform their peers. Over the period of 2008–2014, Temenos clients enjoyed a 31% higher return on assets on average, a 36% higher return on equity and an 8.6 percentage point lower cost to income than financial institutions running legacy software. Over 2,000 firms across the globe, including 38 of the top 50 banks, rely on Temenos to process the daily transactions of more than 500 million banking customers.
STRANDS develops innovative software solutions that enable banks and retailers to offer personalized customer experiences and create new revenue streams through digital channels. The Strands Finance Suite includes white-label software solutions such as PFM, business financial management (BFM) and card-linked offers (CLO), among others. In 2008, Strands revolutionized online ban ...