• 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 13^th 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 : [email protected]

Alistair
Kellie & Andrew Adie
Newgate Communications on behalf of
Temenos
Tel: +44 20 7680 6550
Email: [email protected]