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TEMENOS Group AG Head Office

Temenos Headquarters SA, 2 Rue de l’Ecole-de-Chimie, CH - 1205 Geneva, Switzerland
Geneva
CH

ACTIS.BSP Germany GmbH Office

Einsteinstraße 2
Grosswallstadt
DE

Corporate Head Office Luxembourg Office

Odyssey Financial Technologies S.A.
Espace Kirchberg-Eolis; 26-28 rue Edward Steichen
LU

London, UK Office

5th Floor, 71 Fenchurch Street
London
GB

Frankfurt / Main Office

Hahnstraße 31-35
Frankfurt am Main
DE

Boston Office

100 High Street
Boston
MA
US

Brazil Office

Av. Roque Petroni Jr. 999-13° andar
São Paolo
BR

Luxembourg Office

7, Rue des Primeurs
Luxembourg
LU

London Office

46 Chancery Lane
London
GB

New York Office

2340 Harborside Plaza 5 Floor 23 185 Hudson St #100
Jersey City
NJ
US

Hong Kong Office

Unit 1001, 10/F, Miramar Tower, 132 Nathan Road
Hong Kong
HK

Singapore Office

6, Temasek Boulevard #21-04 Suntec Tower Four
Singapore
SG

Paris Office

58, Rue de Châteaudun
Paris
FR

Frankfurt Office

Westendstrasse 28
Frankfurt
DE

Bangalore Office

Safina Towers Private Limited 3 Ali Asker Road
Bangalore
IN

Nyon Office

17, Rue des Marchandises
Nyon
CH

Dublin Office

7 Exchage Place IFSC
Dublin
IE

Winnipeg Office

201 Portage Avenue, 18th Floor
Winnipeg
CA

Shanghai Office

Unit 6011 6th Floor 21st Century Tower 210 Century Avenue Pudong District
Shanghai
CN

Mumbai Office

Suite 249, Regus Business Centre Time Square Unit 1, Level 2, "B" Wing Andheri Kurla Road Andheri (E)
Mumbai
IN

Birmingham, AL Office

Temenos USA, 10 Inverness Center Parkway, Suite 250, Birmingham, AL 35242, USA
Birmingham
AL
US

Shanghai Office

Suite 1008, Hong Jia Tower, No.388, Fushan Road, Pudong new District, Shanghai, China 200122
Shanghai
Pudong new District
CN

Dubai Office

Temenos Middle East Ltd, Dubai Internet City, Aptec Building, EIB-03, Office # G-01, P O Box 500060, Dubai, UAE
Dubai
AE

Singapore Office

Temenos Singapore PTE LTD, 61 Robinson Road, #20-01 Robinson Centre, Singapore 068893
Singapore
SG

Telephone

44 207 423 3745

Contact

Manjinder Jaul
[email protected]
Back to all Temenos announcements

Temenos is best-selling core banking software provider again in 2015

Temenos (SIX: TEMN), the software specialist for banking and finance, today announces it has been once again recognised as the world's best-selling vendor of core banking software. The annual league, compiled by independent news and analysis firm IBS Intelligence (IBS), records software system sales to new name customers across the banking and treasury and capital markets. This is the 16th time in the last 17 years that Temenos has topped the league table.

This year's league table results reflect continued recovery in the core banking software market. In 2015, the volume of deals grew by 13%, the second year of growth following steep falls during and after the financial crisis. In total, 37 vendors won business in the core banking market in 2015 down from 41 in 2014, and 5 vendors took 51% of the deals, demonstrating further consolidation at the top. Temenos recorded 34 deals, 21% more than the nearest vendor, with an estimated 17% of the overall core banking market by volume.

Temenos' strong financial performance in 2015 was buoyed by the growth in the core banking market, but was also a function of taking market share. Temenos grew licence revenue by 35% in 2015 to reach USD199.4m, compared to the 13% growth in deal volume showing continued market share gains. In particular, Temenos extended its lead over competitors in both the retail and private banking segments, winning several landmark deals at institutions such as Nordea, the largest ever core banking replacement project in Europe, Julius Baer, ABN Amro and Bank Leumi.

Commenting on the results, CEO David Arnott said:

"We are delighted to see Temenos once again ranked number one in the IBS league table. Core banking replacement remains absolutely fundamental to a successful digitization strategy. Without a single data model, real-time transactional data and a complete view of customers, banks won't have the right foundations to deliver the rich and personalised experience that consumers want. So, it is pleasing to see the market continue to recover after the financial crisis. Our business model, which is based on packaged, upgradeable software, that is scalable, integrated and with an open architecture ensures we keep delivering the best technology as well as constantly expanding our core banking product coverage. It is the reason we are able to continue delivering unparalleled customer success."