Temenos | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Temenos is a leading banking software company headquartered in Lancy, Geneva, specializing in providing a comprehensive suite of...
Temenos is a leading banking software company headquartered in Lancy, Geneva, specializing in providing a comprehensive suite of cloud-based banking solutions for financial institutions. With a mission to power a world of banking that creates opportunities for everyone, Temenos serves a diverse range of clients, including large and small banks, non-banks, and fintechs. The company is known for its innovative and flexible banking capabilities, enabling clients to accelerate growth and enhance their banking services.
Website
Headquarters
Lancy, Geneva
Size
5001-10,000 employees
Industry
Software Development
Specialities
Banking Software Company, Digital Banking, Financial Technology, Core Banking
ποΈ Temenos Product and Pricing News β
π Temenos CEO, Management and Leadership Team β
βοΈ Temenos Alternatives and Competitors β
πΌ Temenos Hiring and Layoffs β
π€ Temenos Developer, Integration and Automation News β
π Temenos Financials, Fundraising and Valuation News β
ποΈ Temenos Product and Pricing News
- Temenos is integrating Ripple blockchain technology using Bluzelle's Altitude Gateway to create a new standard for bank-to-bank settlements.
- On October 29, 2024, Levi & Korsinsky began investigating Temenos for potential federal securities law violations following a Hindenburg Research report alleging accounting irregularities.
- LedgerSwarm launched its orchestration tool on the Temenos Exchange to enable real-time coordinated settlement across cash, assets, and securities.
- Temenos has introduced new solutions including the Axiology Tokenisation System for digital assets and the bossDMS document management system for banking.
- Temenos has launched a cloud-based service to simplify cross-border payments, enhancing efficiency and reducing costs for banks and fintechs, according to Mick Fennell, Business Line Director β Payments at Temenos.
- GenMo's family banking, youth banking, and financial literacy solutions are now available on Temenos Exchange, allowing Temenos clients to offer enhanced financial management and education services.
- Temenos is hosting a CXO Networking Reception in collaboration with The Asian Banker on November 5, 2024, in Singapore.
- Temenos has consolidated all online eLearning content into the Journey Platform website to enhance user experience.
π Temenos CEO, Management and Leadership Team
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Chief People Officer
[email protected] -
CTO[email protected]
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Chief Strategy Officer[email protected]
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Chief Executive Officer, Temenos
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Chief Technical Architect[email protected]
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Chief Cloud Officer[email protected]
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Chief Enterprise Architect[email protected]
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Chief Client Delivery Officer[email protected]
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Executive Vice President Strategic Business, Temenos[email protected]
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Vice President- Product Development[email protected]
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Senior Vice President and Head of HR[email protected]
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Vice President[email protected]
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Chief Operating Officer, Member of the Executive Committee
βοΈ Temenos Alternatives and Competitors
- Finacle |
- Flinks |
- Avaloq |
- MX |
- FusionBanking |
- iCBS |
- NCR D3 Digital Banking Platform |
- Episys |
- FLEXCUBE |
- TCS BaNCS |
- Mambu Cloud Banking Platform |
- DNA |
- Intellect Digital Core |
- FIS |
- Oracle |
- Fiserv |
- SAP |
- Infosys (EdgeVerve) |
- Datapro |
- Finastra |
- Comviva |
- Zeta |
- nCino |
- Blend |
- Infibeam Avenues |
- Jack Henry
πΌ Temenos Hiring and Layoffs
- Nelly Rezny has left Temenos as EVP, Business Solutions Group - Americas in Longwood, Florida, United States to join Datapro, Inc. as Chief Revenue Officer.
- Temenos lowered its 2024 outlook for the second consecutive quarter and launched a company-wide efficiency program involving management reorganization, as announced by CEO Jean-Pierre Brulard.
- Temenos appointed Barb Morgan as Chief Product and Technology Officer and repurchased 3.26 million shares for CHF 200 million, indicating strategic leadership changes and confidence in their operational strategy.
- Temenos has appointed Isabelle Guis as Chief Marketing Officer and Monty Bhatia as Executive Vice President of Global Alliances to enhance growth in the U.S. and expand its SaaS offerings.
- Temenos appointed Barb Morgan as Chief Product and Technology Officer on October 7, succeeding Prema Varadhan and reporting to CEO Jean-Pierre Brulard.
- Temenos is currently seeking a Project Director in Pakistan.
- Temenos is currently seeking an Enterprise Risk Manager in Greece.
- Nirmal Solanki, Vice President Of Architecture at Temenos, met with the Journey Manager team in Sydney to define product strategy and roadmap.
π€ Temenos Developer, Integration and Automation News
- Temenos has collaborated with SETL to offer users seamless tokenized deposits and smart contracts.
- Temenos partnered with Red Hat to create a hybrid payments platform using OpenShift, announced at SIBOS2024.
- Temenos is partnering with Orion Innovation to modernize U.S. regional banking, with insights shared by Heman Daswani at Money20/20.
- Temenos is implementing a core banking system with the Bank of the Republic of Somaliland.
- Temenos has added UalΓ‘, an Argentine fintech focused on financial inclusion, to its list of success stories, replacing Meezan Bank.
- Temenos is recognized for its impressive client base and capabilities in core banking, including lending, deposits, and general ledger administration, which are being gradually rolled out by KomerΔnΓ banka.
- Temenos successfully collaborated with Rabobank and Tech Mahindra to complete an 8-version core banking system upgrade across 3 business lines and 2 countries in 11 months.
- Pakistan Kuwait Investment Company has partnered with Systems Limited to implement the Temenos Core Banking platform to enhance its product portfolio and commence Shariah compliant operations.
π Temenos Financials, Fundraising and Valuation News
- Temenos announced its Q3 2024 results and slightly revised FY 2024 guidance, with EBIT and EPS guidance remaining unchanged.
- On October 24, Temenos' stock dropped 6.7% to 60.25 francs on the Swiss stock exchange after the company lowered its full-year forecasts.
- Temenos has announced the completion of its 2024 share buyback program and scheduled its Q3-24 results call for October 23, 2024.
- Temenos, a fintech company developing software for banks, generated over $1 billion in revenue and $725 million in gross profit last year, with a 71.5% gross margin and 22.1% net margin.
- Temenos has lowered its 2024 outlook, now expecting software licensing sales to be flat instead of the previously anticipated 3-6% growth.
- Temenos is investing 14.4% of its revenue in R&D and has initiated a CHF 200 million share buyback program to drive growth and market expansion.
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