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Temenos Reconfirmed as a Top Global Player and a Global Power Seller in 2019 Deals Report by Tier 1 Industry Analyst Firm

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  • A ‘Top Global Player’ for seventh consecutive year, signing 172
    deals with new and existing customers
  • A ‘Global Power Seller’ for new business deals for 13th consecutive
    year, with 60 new deals in 2018
  • The Forrester findings1 reveal that while banks previously saw
    digital banking as limited to digital channels, they now show
    increasing interest in end-to-end digital banking platforms.

GENEVA–(BUSINESS WIRE)–For the seventh consecutive year, Temenos (SIX : TEMN), the banking
software company
, has been named ‘Top Global Player’ for combined
deals in research firm Forrester’s prestigious Global
Banking Platform Deals Survey 2019
, a key benchmark for measuring
new and extended banking system business. In the same report, Temenos
has also reconfirmed its position as a ‘Global Power Seller’, with
Forrester noting that “Temenos earned its status as a Global Power
Seller for the 13th consecutive year”.

The Forrester findings2 reveal that while banks previously
saw digital banking as limited to digital channels, they now show
increasing interest in end-to-end digital banking platforms. The
research firm also highlights that there is lot of market hype around
‘new school’ players, they “may not be so transparent about their
capabilities or their market impact.” Forrester cautions buyers that,
established banking platform vendors tend to be more transparent than
core banking fintechs when it comes to market success and solution
capabilities.”

Jost Hoppermann, Vice President and Principal Analyst, Forrester,
wrote
in the report: “The need – and the time – for discussions is
long gone: the transformation imperative in banking needs imminent
execution.[…] Very few banks and technology leaders disagree that banks
need complete digital transformation – and that they need to finalize it
by 2025 or sooner to avoid dying an analog-business death. Facing
less-than-comfortable time constraints and shrinking, in some cases
gruesome, margins, banks’ technology teams must look carefully for
off-the-shelf capabilities that help them to accelerate and shorten
their digital journey.”

Max Chuard, Chief Executive Officer, Temenos, said: We are proud
to be the sole vendor at the top off the combined deals pyramid and
recognized as a Global Power Seller for new named deals in Forrester’s
Global Banking Platform Deals Survey 2019. Our leadership is
accelerating; we launched our cloud-native and cloud-agnostic products
in 2019, we have the largest number of customers and the greatest scale
and reach across the globe and we are leaving the competition behind,
whether old or ‘new’ legacy vendors. We believe this is a testament to
the trust our customers place in our ability to deliver on their digital
transformation vision and plans. Supported by over 6,000 skilled
consultants deploying our software, we take a bank live every single
day.”

Forrester’s Global Banking Platform Deals Survey 2019 is an independent
survey conducted annually by Forrester. It assesses both the volume and
the geographical spread of banking platform sales to new and existing
customers for 2018 deals. The research is published to guide
decision-makers at financial institutions around the world in
effectively evaluating the plethora of banking software solutions
available.

Temenos has also been named a leader in The Forrester Wave™: Global
Digital Banking Platforms, Q3 2018. Temenos launched at the start of the
year, Temenos
Infinity
– a breakthrough digital front office product – and Temenos
T24 Transact
, the next generation in core banking. These new
products further demonstrate a commitment to constant innovation,
leveraging 25 years of functionality from 3,000 banks in more than 150
countries with the most advanced cloud-native, cloud-agnostic, API-first
technology and design-led thinking.

– Ends –

About Temenos
Temenos AG (SIX: TEMN), headquartered in
Geneva, is the world’s leader in banking software, partnering with banks
and other financial institutions to transform their businesses and stay
ahead of a changing marketplace. Over 3,000 firms 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 front
office and core banking, payments, fund management and wealth management
software products enabling banks to deliver consistent, frictionless
customer journeys and gain operational excellence. Temenos customers are
proven to be more profitable than their peers: over a seven-year period,
they enjoyed on average a 31% higher return on assets, a 36% higher
return on equity and an 8.6 percentage point lower cost/income ratio
than banks running legacy applications. For more information please
visit www.temenos.com.

1 Don’t Select Banking Software Without Understanding The
State Of The Banking Platform Market, May 2019, Forrester
2
Don’t Select Banking Software Without Understanding The State Of The
Banking Platform Market, May 2019, Forrester

Contacts

Media Contacts
Jessica Wolfe
Temenos Global
Public Relations
Tel: +1 610 232 2793
Email : press@temenos.com

Alistair
Kellie & Andrew Adie

Newgate Communications on behalf of
Temenos
Tel: +44 20 7680 6550
Email: allnewgatetemenos@newgatecomms.com

Cannabis

Oppenheimer & Co. To Host 19th Annual Consumer Growth and E-Commerce Conference

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Oppenheimer & Co. Inc. (“Oppenheimer”) – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – will host its 19th Annual Consumer Growth and E-Commerce Conference on June 18-19 in Boston, MA. This year’s event features companies from prominent consumer brands such as Autozone, Domino’s Pizza, Express, Home Depot, Lowe’s, Six Flags Theme Parks, Tiffany & Company, Ulta, Walmart, Weight Watchers, and Yum Brands.

Of particular note, Oppenheimer is pleased to host nine of the market-leading companies involved with emerging trends in the Cannabis space this year. The event will also feature seven panel discussions, moderated by Oppenheimer Consumer Research Analysts, addressing emerging and disruptive trends in the consumer marketplace as follows:

  • Evolving Role of Technology in the Consumer Sector with Cooler Screens and Lindsay Goldberg LLC, moderated by Brian Nagel
  • A Discussion with Emerging Restaurant Brands with Aurify and B. Good, moderated by Brian Bittner
  • A Discussion on the Evolving US Food & Beverage Landscape with Lifeway, New Age Beverage, and United Natural Foods, moderated by Rupesh Parikh
  • Next Gen Brands Re-Shaping Landscape for Women’s Fashion with CARAA and Rothy’s, moderated by Brian Nagel
  • Exciting New Brands Shaking Up Home Products Space with Burkelman, LoveSac and Resident/Nectar, moderated by Brian Nagel
  • A Discussion on the Emerging CBD Landscape with Curaleaf and CV Sciences, moderated by Rupesh Parikh
  • Leveraging the Power of Digital to Connect with Consumers with Eight and FlexShopper, moderated by Brian Nagel

The conference features Oppenheimer’s Consumer Senior Research Analysts:

  • Brian Bittner, Managing Director Senior Analyst covering Restaurants
  • Brian Nagel, Managing Director and Senior Analyst covering Retail and E-Commerce
  • Rupesh Parikh, Managing Director and Senior Analyst covering Food, Grocery and Consumer Products
  • Ian Zaffino, Managing Director and Senior Analyst covering event-driven Special Situations

“Long-established business models are being upended by disruptive brands and technology, affecting consumer preferences and buying behaviors throughout the consumer industry. This year’s event aims to showcase the mix of market-leading and emerging companies driving and navigating these changes,” said Erica L. Moffett, Managing Director and Associate Director of Research at Oppenheimer. “From effortless payment methods to accelerated delivery times and customized products, consumers want a seamless experience. In order to succeed, companies must stay current on the evolving consumer and we are pleased to host a conference to explore this new landscape.”

Oppenheimer’s next conference will be the Montauk Emerging Life Sciences Summit, which will be held on June 26-28in Montauk, NY. The 22nd Annual Technology, Internet & Communications Conference will follow on August 6-7 in Boston, MA, followed by the Midwest Corporate Access Day in Chicago on August 15.

Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and institutions.

SOURCE Oppenheimer & Co. Inc.

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Cannabis

iCAN: Israel-Cannabis CEO and Founder Saul Kaye to Participate at the World Cannabis Congress in Saint John, New Brunswick

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iCAN: Israel Cannabis Founder and CEO Saul Kaye will participate at the World Cannabis Conference being held in Saint John, New Brunswick, Canada from June 16-18, 2019.

Kaye, a leader in the global cannabis ecosystem will moderate a session entitled, “Innovative Methodologies and Emerging Topics in Global Cannabis Research.”  Panelists are Dr. Suzanne Sisley MD President and Principal Investigator, Scottsdale Research Institute and, Dr. Jerry King, R&D Consultant, CFS.  The session will take place at the Saint John Trade & Convention Centre on June 18.

The World Cannabis Congress (WCC) is an exclusive, invite-only event for international cannabis leaders, influencers and trend setters. The event will have hundreds of attendees from around the world from business, government and medicine.

In addition to his leadership of iCAN: Israel Cannabis, Kaye is an industry advisor to the Medical Cannabis Caucus of the Israeli Parliament, as well as an advisor to the Ministries of Economy and Health in Israel. He is a licensed pharmacist and a successful entrepreneur with both retail and e-commerce experience. Saul has founded multiple companies spanning six countries across the US, EuropeIsrael and Australia.

Canada has truly been a global trailblazer in the cannabis industry.  Canadian cannabis companies and its stock market are influential and forward looking and we in Israel, the R&D capital of cannabis, collaborate with our Canadian friends on many different levels.  I look forward to participating at the WCC as the medicine and business of cannabis develops at breathtaking speed both in Israel and beyond,” said Kaye.

 

SOURCE iCAN: Israel Cannabis

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Cannabis

Loyalist College to launch Canada’s first Technology Access Centre for natural products and cannabis

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Loyalist College is the recipient of a $1,750,000 Natural Sciences and Engineering Research Council of Canada (NSERC) College and Community Innovation (CCI) Program grant over five years to launch Canada’s first Technology Access Centre (TAC) for natural products and cannabis. In addition, Loyalist received $1Mthrough the Canada Foundation for Innovation’s (CFI) College-Industry Innovation Fund (CIIF) to add specialized equipment to the TAC.

Loyalist was one of 90 recipients at colleges, cégeps and polytechnics across the country to receive part of the $73M in funding, announced today by the Honourable Kirsty Duncan, Minister of Science and Sport, at Georgian College in Barrie, Ontario. Through the CCI Program and the CIIF, this investment will help post-secondary institutions partner directly with local employers to facilitate commercialization and transform the results of research and development into new technologies to help businesses expand and grow.

The rapid growth of Canada’s cannabis, hops and natural products sectors positions Loyalist’s Applied Research Centre for Natural Products and Medical Cannabis (ARC) as a national innovation hub for small- to medium-sized enterprises. As a TAC, Loyalist will build on the ARC’s 15 years of natural product extraction expertise and analysis-based applied research. In transitioning to a TAC, Loyalist’s ARC will significantly increase the College’s capacity to lead applied research of commercially relevant natural products and cannabis, and to support innovation by enhancing industries’ access to sector-relevant expertise and technology.

The TAC initiative will cultivate an environment for College-industry partnerships to thrive while providing students with unparalleled opportunities for work-integrated learning; investigating extraction, isolation, and formulation; and product development. In partnership with the Quinte Economic Development Commission (QEDC), Loyalist will support the Bay of Quinte’s burgeoning natural products and cannabis sectors to generate regional socioeconomic benefits, and to provide opportunities for a new generation of innovators. Loyalist will also offer companies across Canada a supportive, community-oriented platform from which to enhance their productivity, expand their reach and augment their competitiveness in the global market.

Quotes

“We are very grateful for NSERC’s continued support and proud to be Canada’s first TAC for natural products and cannabis. Loyalist currently has more than 25 companies interested in applied research, and as our ARC transitions into a TAC, we will be able to meet their requirements while significantly extending our network to help more companies to innovate. Our Biosciences and Cannabis Applied Science students will have the advantage of being involved in ground-breaking research that propels Canada forward as the world leader in cannabis and natural product developments.” – Dr. Ann Marie Vaughan, Loyalist College President & CEO

“It’s great to see this NSERC and CFI funding come through for Loyalist College’s launch of Canada’s first TAC for research in natural products and cannabis. Being able to conduct research in a state-of-the-art facility means that students working in the College’s ARC will be able to build up their expertise in product analysis; which can then be applied directly to commercial development. This is just the beginning of seeing a new series of natural products being designed, assessed, made and delivered from our region.” – Neil R. Ellis, Member of Parliament for Bay of Quinte

“I am so proud to see the innovation that is driving research and economic development in our rural community through Loyalist College’s ARC. Innovation is key to Rural Sustainability and this investment will ensure that we are training the next generation in the latest technological advances. I congratulate them on their NSERC and CFI grant, and wish them all the best of success.” – Mike Bossio, Member of Parliament for Hastings—Lennox and Addington

“The Quinte Economic Development Commission is proud to be a supporting partner with Loyalist College on this important initiative that is aligned with economic development opportunities and priorities in the region. The TAC will support industry research and innovation for companies in key industry sectors as well as helping students develop in-demand skills and experience. Congratulations to the team at Loyalist on launching this important project.” – Chris King, Chief Executive Officer, Quinte Economic Development Commission

 

SOURCE Loyalist College

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