Temenos Wins Google Cloud Technology Partner of the Year Award for Financial Services

Source:-thefintechtimes.com

Temenos (SIX: TEMN), the banking software company, today announced it has been recognized by Google Cloud as its Technology Partner of the Year in Financial Services. This prestigious award recognizes Temenos’ commitment to innovation in helping financial services organizations run mission-critical banking software and applications on Google Cloud, create profitable business models, and differentiate customer experiences.

Temenos and Google Cloud have a joint go-to-market strategy, offering leading-edge banking software in the cloud to drive scalability, operational efficiency, time-to-market, and innovation. The two companies started their collaboration in 2019 and integrated Temenos’ cloud-native, cloud-agnostic software into Google Cloud. The partnership has already demonstrated success with joint banking customers in Europe and Asia. Temenos end-to-end software portfolio is available on Google Cloud, including solutions for branch, digital, and core banking.

Temenos was the first global banking software provider to run on Google Cloud Anthos, illustrating its leadership in delivering software across hybrid and multi-cloud environments. Anthos is Google Cloud’s hybrid and multi-cloud application platform that enables organizations to migrate and modernize their existing applications, build new ones and run them anywhere, whether it’s in the cloud, on-premises or on multiple clouds. Built on open-source technology pioneered by Google Cloud, it helps banks enhance employee and customer experiences, reduce bottom-line costs and increase top-line revenue.

Alexa Guenoun, President, Americas and Global Head of Partners, Temenos, said: “We are delighted to be named a Google Cloud 2019 Technology Partner of the Year award winner, recognized for our leadership in the cloud, and revolutionary cloud-native technology on Google Cloud. As a strategic global banking software partner of Google Cloud, we bring together innovative solutions that combine our API-first, cloud-native, microservices-based banking software with Google Cloud’s scale and leading cloud capabilities. Together, we help banks reduce their time to market and operational complexity, allowing them to elastically scale and deliver outstanding digital customer experiences. With Google Cloud’s Anthos, we give banks the freedom to innovate and reap the true benefits of hybrid and multi-cloud.”

“We are thrilled to recognize Temenos as our Technology Partner of the Year for Financial Services,” said Kevin Ichhpurani, Corporate Vice President, Global Ecosystem at Google Cloud. “Through our strategic partnership, Temenos’ full suite of banking software and applications are available on Google Cloud, and with Anthos, financial services organizations can deliver mission-critical workloads across on-premises and cloud environments, or even across multiple clouds. We’re proud to partner with Temenos and look forward to working together to help banks digitally transform their businesses.”

Over 3,000 financial services institutions around the world leverage Temenos’ modern, cloud-native and API-first technology. With this award, Google Cloud recognized Temenos as a strategic partner helping banks run its banking software applications in Google Cloud, taking advantage of its scalability, resilience, and global infrastructure.

Temenos has been at the forefront of software innovation, relentlessly investing 20% of its revenues in R&D and is pioneering in cloud banking for over 10 years. Temenos was the first banking software vendor to offer cloud-to-cloud, active-active resilience. The company enables banks to significantly reduce their total cost of ownership through elastic cloud scalability, distributed database technology and multi-cloud resilience, all underpinned by the benefits of vendor and platform independence.