The appointment reinforces Temenosâ strategy to provide industry-leading services and project execution. Temenosâ service business focuses on consultancy, implementation, and application management for its core modular banking platform, TEMENOS T24 (T24), and the T24 Model Bank solution, which includes pre-configured products and processes for banking best practice, reducing implementation time and costs, minimising customisation and lowering project risk.
Tony will be responsible for working with Temenosâ implementation teams to strengthen the implementation methodology of T24 Model Bank, including processes and Key Performance Indicatorâs, ensuring that the T24 Model Bank product continues to be enhanced with banking best practice content for each of the banking sectors that Temenos serves. He will also lead the ongoing development of Temenosâ implementation support services, including TEMENOS Management Consultancy, TEMENOS Application Management Services and TEMENOS Client Training.
Tony Mahony commented: âIt is an honour to be promoted to the Temenos executive board. Since working with Temenos, Iâve helped to successfully develop our professional services business in Asia Pacific. I feel I can bring to bear my product and implementation experience to ensure that we are providing the right tools to guarantee project control and banking best practice.â
Tony has worked in various financial services roles for the last 20 years, joining Temenos Ireland in 1999 as a Banking Consultant. He was promoted to Project Manager and then Project Director in quick succession, being instrumental in several large high-profile T24 projects world-wide. In 2004, Tony became the Client Services Director for Asia Pacific, where he more than quadrupled the businessâ revenue in just two years.
Temenos has carried out more than 600 implementations worldwide, and ensures customers gain real business value from their core banking system by providing a range of support services. Temenosâ services organisation counts more than 1,000 project managers and consultants that dedicate themselves to servicing clients in more than 120 countries worldwide.
Andreas Andreades, CEO of Temenos, says of the appointment: âWe are already a recognised industry leader in terms of our product pedigree and since launching our services initiative in 2006, weâve seen tremendous uptake in this area as well as significant improvements in project delivery and execution. Tonyâs appointment to this new position is recognition of our commitment to continue to expand our offering and meet clientsâ requirements in the implementation and integration of our products.â