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Temenos names Emily Steele President for North America

Temenos (SIX: TEMN), the software specialist for banking and finance, today announced that it has appointed Emily Steele as President in North America, effective immediately. A seasoned executive in the North American market, Steele previously served as Temenos’ Chief Operating Officer (COO) in the region. In her new role, she will be responsible for the region’s P&L and lead the company’s North America field revenue and go-to-market efforts. Steele reports to Jean-Michel Hilsenkopf, Temenos Chief Revenue Officer and member of the Executive Committee.

Emily Steele is a senior leader with over 20 years of experience in the financial services industry. As COO of Temenos in North America, Steele oversaw all day-to-day business operations for several divisions and market segments, including customer management, delivery, software development and compliance. She also spearheaded the sales organization for the Lifecycle software product. Steele joined Temenos in 2015 by way of the company’s acquisition of Akcelerant, a US-based financial software provider serving over 600 financial services institutions she joined in 2005 as Controls Director with a remit to define and implement new and improved processes for customer care, implementations and product development. By 2006, she was promoted to SVP of Customer Management; she became COO in 2010 and was subsequently promoted to President in 2012.  Emily Steele succeeds Jay Mossman, who will continue with Temenos in a strategic advisory role.

Emily Steele, President, North America, Temenos, commented: “The United States and Canada represent a tremendous growth opportunity for Temenos. We have a wide array of clients – from credit unions to Tier 1 institutions like Commerce Bank – and a strong pipeline across domestic core opportunities and in the digital banking space. We invest more in R&D than any other banking software supplier and have a world-class product that is proven and upgradable. We are committed to serving this market and we are best placed to take a leadership role in the North America marketplace.”

Jean-Michel Hilsenkopf, Chief Revenue Officer, Temenos, said: “We are excited to expand Emily’s role and have her lead in North America, one of our most strategic markets. We have an exciting vision for digital banking in the United States market, and are continuing to see growth and momentum in Canada. Emily’s vision for Temenos in the region and absolute focus on customer success make her perfect for the role.”

Temenos Group AG (SIX: TEMN), headquartered in Geneva, is a market leading software provider, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace. Over 2,000 firms across the globe, including 41 of the top 50 banks, rely on Temenos to process the daily transactions of more than 500 million banking customers. Temenos customers are proven to be more profitable than their peers: over a seven year period, they enjoyed on average a 31% higher return on assets, a 36% higher return on equity and an 8.6 percentage point lower cost/income ratio than banks running legacy applications.