LEADING US BANK SELECTS TEMENOS TO MODERNISE WEALTH MANAGEMENT PLATFORM

KUALA LUMPUR, Dec 13 (Bernama) -- A leading US financial institution has selected Temenos to modernise its wealth management platform.

The Swiss-based banking software provider said its wealth management platform would support the bank’s strategic transition to a cloud-based core banking system and help drive growth in Europe and the Asia Pacific.

“The bank looks to transform its operations and drive efficiencies at scale while offering first-class services and products to its clients,” Temenos said in a statement.

Temenos serves over 3,000 banks, from the largest to challengers and community banks in 150-plus countries, by helping them build new banking services and state-of-the-art customer experiences.

The Temenos open platform helps its top-performing clients achieve a return on equity three times the industry average and cost-to-income ratios half the industry average.

-- BERNAMA