January 16, 2017 5:59 AM ET

Software

Company Overview of Temenos Group AG

Company Overview

Temenos Group AG, together with its subsidiaries, develops, markets, and sells integrated banking software systems to financial institutions worldwide. It offers core banking platform for financial institutions; analytics and reporting solutions; Front Office, an integrated, role-specific, and multi-channel solution that supports banks’ daily interactions and long term relationships with their retail, corporate, mass affluent, and UHNW customers; and breaking channels solutions, which enables its clients to deliver products and services for business line through self-service and assisted channels for bank staff and customers. The company also provides risk and compliance solutions that enabl...

2 Rue de L’Ecole-de-Chimie

Geneva,  1205

Switzerland

Founded in 1993

4,400 Employees

Phone:

41 22 708 11 50

Fax:

41 22 708 11 60

Key Executives for Temenos Group AG

Chief Executive Officer
Age: 47
Total Annual Compensation: $1.6M
Executive Chairman and Chairman of Nomination Committee
Age: 51
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2015.

Temenos Group AG Key Developments

Commerce Bank and Temenos Sign Agreement for Core Deposit Banking System

Commerce Bank and Temenos Group AG have signed an agreement in which Temenos will provide to Commerce its core deposit banking system. With Commerce's selection of the Temenos platform, the bank will acquire a new, innovative, real-time core processor to drive strong customer relationships and faster speed-to-market of consumer and commercial products.

Temenos Group Seek Acquisitions

Temenos Group AG (SWX:TEMN) announces an Equity Buyback for 1,600,000 shares, representing 2.4% for CHF 99 million. The repurchased shares will be used to cover future employee stock ownership plans and/or for potential acquisitions.

Temenos Group AG Launches Digital Engagement Modules

Temenos Group AG has announced the launch of Digital Engagement, a set of modules within Temenos' front-to back digital offering. Digital Engagement equips banks with the technology to provide a richer, more personalized, real-time experience to their customers. Digital Engagement brings together multiple datasets, (locational, transactional and contextual), which banks can then analyze and act upon. It generates value-added insights about their customers so that they can offer the right product or service at the right time and through the right channel. Digital Engagement allows banks to incorporate these opportunities into automated campaigns. Over time the system will learn and adjust the campaigns as it analyzes results, meaning that with each interaction, the customer receives a more tailored and relevant communication than the last. At the center is 'SingleBrain', powering Digital Engagement by removing silos and streamlining communications. SingleBrain uses a cycle of four recurring processes to: capture real-time events both internally and externally; apply profile-adapted algorithms; decide if and when to deliver relevant communications, and through which channel; and record the effectiveness and outcome of the decision path taken - continually learning, adjusting and improving campaign programs. Digital Engagement powered by ground-breaking SingleBrain is going to transform banks' ability to personalize every touchpoint and communication with their customers - and, more importantly, learn from every action, to improve that personalization exponentially. But it is the SingleBrain coupled together with a pre-integrated product catalogue that revolutionizes banks' front office capabilities and enables them to give great customer experiences.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
November 2, 2016
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