To provide financial institutions, of any size, anywhere in the world, the software to thrive in the digital banking age
We do this by building, delivering and supporting the world’s best packaged, upgradeable and open banking software
of the top 50 banks in the world run Temenos
end customers rely on Temenos software
countries with Temenos clients
financial institutions use Temenos software
It is with great pleasure that we present our annual report for 2017 to our shareholders.
A number of technology trends are driving change across the banking landscape and influencing the approach banks take to their IT renovation
We believe that there are five key areas that make Temenos unique
Same software, any bank, anywhere in the world
Proven, integrated, upgradeable product
Stable business model; committed community
Predictable and faster implementation
Relentless focus on innovation
The world’s leading retail banking solution designed for the new banking landscape.
WealthSuite is an integrated software solution for wealth managers. Its highly scalable technology offers integrated, multi-channel, front-to-back office capabilities.
CorporateSuite provides one system, one view for all corporate banking needs; today and tomorrow.
IslamicSuite, with its scalable innovative technology, provides superior features for lslamic banks to offer their customers Shari’ah compliant products and services that rival their Islamic or conventional counterparts.
InclusiveBankingSuite is an integrated banking software solution built upon 20 years experience serving retail community banking.
FundSuite is an award winning fund administration software solution which provides fund accounting, portfolio accounting and investor servicing and transfer agency on a single platform.
The Temenos T24 Core Banking platform has been the best selling solution on the market for 15 years, used by over 700 financial institutions.
We currently offer country model platforms for over 30 major countries.
Front Office is an integrated, role-specific, multi-channel solution, designed to support banks’ daily interactions and long term relationships with their retail, corporate, mass affluent and HNW customers.
Banks can accelerate time to market for all of their products and services across all digital and assisted channels and extend their reach to customers using any device today and in the future.
Unlock the power of banks’ data to become analytically driven and drive profitability and efficiency improvements throughout their entire organization.
A uniquely flexible payment solution offering full, real-time control and a harmonized customer service experience.
Enabling financial institutions to navigate the complex regulatory landscape in order to remain focused on serving customers, creating innovative products and improving profitability.
A uniquely flexible range of intelligent, versatile solutions for banks, large and small, to combat financial crime.
Our Funds and Securities products are the award winning fund administration software from Multifonds, providing fund accounting, portfolio accounting and investor servicing and transfer agency on a single platform.
Turn the lead weight of data into a golden opportunity: manage it, unlock it and extract value from it.
Adapt banking system functionality and business processes better, faster and more frequently.
Be more agile and competitive with real-time event based integration.
How Temenos enables open banking and the revised Payment Service Directive
The evolving landscape of bank-to-customer interactions
AI in payments
Robotics in banking: more Iron Man than Terminator
Four banking models for the digital age
Successful migration is all about choosing the right route
“I am delighted with our performance in 2017, in which the business has continued to accelerate and capitalize on the significant momentum in our end market.”
We have had a very strong performance in 2017, with total software licensing growth of 23% and total revenue growth of 16%. We delivered margin expansion of 98bps year-on-year and grew EPS by 18%. Our cash conversion of 114% for 2017 is significantly above our target of 100% of EBITDA and means we are recommending a 2017 dividend of CHF 0.65, an increase of 18% on 2016.