Temenos announced it has been recognized as the global market leader by IBS Intelligence in the IBSi Sales League Table (SLT) 2024 in eight categories. These include Core Banking, Digital Banking & Channels, Payments and Risk Management, as well as Core and Risk Management for Islamic Banking.
Temenos also ranked #1 in Europe, Middle East, Africa and Latin America in the Regional Sales Awards. The results highlight the breadth of Temenosā leadership as the banking platform of choice across regions and product segments. Temenos has been ranked #1 in the core banking category for the last 19 consecutive years.
The IBS Intelligence Annual Sales League Table (SLT) received a steady level of interest and participation with 50+ technology suppliers submitting 2,100+ deals spanning 151 countries across the Americas, Europe, Middle East, Africa, and APAC. It is an annual benchmarking exercise, which has been running for over 30 years and is based on the number of new customer contracts signed in a calendar year. The SLT is recognized as the barometer for financial technology providersā sales performance across the banking industry.
In the 2024 IBSi analysis, Temenos has retained its position as market leader, continuing to rank number 1 across the following eight categories:
- Universal Banking – Core
- Digital Banking & Channels
- Payment Systems ā Retail
- Neo, Challenger & Digital-Only Banks
- Risk Management
- Treasury & Risk Management
- Islamic ā Universal Banking – Core
- Islamic Banking ā Risk Management
Temenosā open platform for composable banking allows financial institutions to easily assemble, test and extend their broad banking capabilities. This enables them to bring innovative products to market faster to meet growing customer expectations while reducing the cost of development.
With a single platform and code base across all business segments, from core to digital to payments, Temenos clients benefit from a higher sustained level of investment in R&D. Recent innovations include the launch of the firstĀ Generative AI solutions for core bankingĀ and the introduction ofĀ Temenos Positions, a lean financial processing solution designed to transform banking operations for institutions with complex, multi-core systems.
Jean-Pierre Brulard, Chief Executive Officer, Temenos, said:Ā āThe latest IBSi Sales League Table rankings reconfirm Temenosā position as the global market leader in banking software. Our winning combination of customer-centricity and innovation makes Temenos the platform of choice for banks of all sizes, regardless of how they choose to deploy our software ā on-premise, on public or hybrid cloud, or as SaaS. As banks look to meet the challenges of an evolving industry and changing customer demands, Temenosā flexible, cloud-native platform, infused with Responsible AI, gives them the market-leading capabilities and agility they need to succeed now and in the future.ā
Stay Ahead of the Financial Curve with Our LatestĀ Fintech NewsĀ Updates!
