Temenos

Temenos makes core banking, digital banking, payments and wealth management software for banks and other financial institutions. Its wealth product, Temenos Wealth, is aimed at private banks, wealth managers and boutique firms that serve clients from the mass affluent to high net worth. The company is listed on the SIX Swiss Exchange, issues its releases from Grand-Lancy, Switzerland, and has sold core banking software since 1993.

Temenos Wealth is described as a single platform of independent capabilities. Digital Wealth gives clients self-service investing and hybrid advice through web and mobile channels. Wealth Front Office supports advisors and portfolio managers with profiling, modeling, risk, compliance and performance tools, including pre- and post-trade controls. Temenos Securities handles back-office processing across asset classes in real time, and DataSource manages market and reference data from many vendors. The modules share the Temenos Banking Platform, a single code base used by its core and digital banking clients, and expose open APIs.

Firms can run the software on premises, in the cloud, or as SaaS from Temenos, and the cost model varies with the deployment chosen. Curated fintechs with complementary products are listed as Exchange partners. The company says more than 950 banks use its core banking product. Prices are not published.