Temenos News | Oct 10, 2024

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...


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Temenos

🌎 temenos.com

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.


Temenos News & Insights as of Oct 10, 2024

  • 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, 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.
  • 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 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.

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