Temenos has announced that its core banking solutions are now available as Software-as-a-Service (SaaS) further to Temenos’ integration of its application on Amazon Web Services (AWS). With this, Temenos offers more choices to its clients as the Temenos Banking Cloud becomes one of the industry’s most comprehensive SaaS solutions covering the broadest range of regional and governance requirements, data standards and certifications.
Running Temenos Banking Cloud composable banking services on AWS enables retail, commercial and private banks – incumbents and challengers – to gain greater agility, higher performance, scalability and security.
This collaboration further increases the regional coverage and availability of the Temenos Banking Cloud across the globe with trusted and scalable banking services. Temenos makes full use of AWS to provide high availability across various regions and accommodate data sovereignty requirements, without expensive (on-site) redundant infrastructure.
Temenos and AWS started working together in 2019 to integrate Temenos open platform onto AWS and have demonstrated success with banking sector customers since then ranging from tier-one banks to digital banks. In 2022, Temenos made available its onboarding and origination digital banking solutions on AWS to help banks deliver innovative products faster.
AWS and Temenos’ relationship also paved the way for ongoing innovation with partners such as Yugabyte and MongoDB. Temenos Banking Cloud’s integration on AWS also helps banks reduce their carbon footprint and support them in achieving their ESG goals.