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Temenos (SIX: TEMN) today announced that a leading US financial institution is extending its relationship with Temenos to include its international private banking business. The Temenos wealth management platform will support the bank’s strategic transition to a cloud-based core banking system and help drive growth in Europe and the Asia-Pacific (APAC) as it looks to transform its operations and drive efficiencies at scale, while offering first class services and products to its clients.
Max Chuard, Chief Executive Officer, Temenos, said: “We are excited to be partnering with one of the world’s leading financial institutions and supporting them with their digital transformation journey. By delivering a state-of-the-art wealth management platform in the cloud, Temenos will support the bank’s expansion into new markets. Temenos has been at the forefront of innovation, leading in the wealth management space and this leading bank joins the raft of top tier customers that are using Temenos for their wealth management business.”
