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CfC Stanbic Bank Kenya live on T24 Model Bank as part of new bank launch |
GENEVA, Switzerland, 26 February 2010 – Temenos (SIX: TEMN), the market-leading provider of integrated core banking systems, today announces that CfC Stanbic Bank Kenya, the fifth largest bank in Kenya and part of the Standard Bank Group Limited, Africa’s largest banking group by market capitalisation, has gone live on TEMENOS T24 (T24) Model Bank. The implementation forms part of the operational merger of CfC Bank Kenya and Stanbic Bank Kenya.
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Temenos retains global leadership position in IBS Sales League Table |
GENEVA, Switzerland, 3rd March 2010 – Temenos Group (SIX: TEMN), the market-leading provider of integrated core banking systems, today announces that, for the third consecutive year, IBS Intelligence has ranked TEMENOS T24 (T24) in the top position in its 2009 Sales League Table. Temenos was one of very few vendors to increase sales in 2009 and the only one of the top 5 vendors to do so, underpinning its strong share gains in a market that shrunk in 2009. Temenos has maintained one of the top two positions in the League table for over a decade.
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Temenos makes biggest acquisition to date |
Temenos makes biggest acquisition to date – gains clear leadership position in France, cements overall leadership in core banking
GENEVA, Switzerland, 24 December 2009 – Temenos (SIX: TEMN), the market-leading provider of integrated core banking systems, today announces that it has signed a definitive agreement to acquire Viveo Group, the French market leader in core banking systems. The price of the acquisition is USD81m, which equates to approximately 3.8x 2010 expected maintenance revenues. The deal is being financed entirely by existing debt facilities and is expected to be strongly accretive to earnings from 2010. The deal is not subject to any further approval.
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Microsoft and Temenos Join Forces to Innovate Core Banking Solutions |
New commercial and technology agreement is expected to accelerate return on investment of missioncritical core banking operations.
GENEVA and REDMOND, Wash. — Dec. 10, 2009 — Temenos Group AG, the market leading provider of integrated core banking systems, and Microsoft Corp. today announced an alliance for delivering core banking solutions with TEMENOS T24 and Microsoft SQL Server to greatly increase operational efficiencies of large-scale banks worldwide.
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North Shore Credit Union boosts product innovation and customer service with Temenos and Microsoft |
GENEVA, Switzerland 9 December 2009 – Temenos (SIX: TEMN), the market-leading provider of integrated core banking systems, today announced that North Shore Credit Union (NSCU) has gone live on TEMENOS T24 (T24), running on a Microsoft platform including SQL Server 2008, making it the first Canadian financial institution to leverage the joint benefits of T24 and SQL and develop a more cost-effective and high-performance environment. The integrated SQL Server-T24 platform helps NSCU access a wide range of Microsoft-based tools while benefiting from T24’s advanced core banking functionality.
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