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IBS Recognizes Supremacy of Temenos, Named Top-Selling Banking Software in Nine Categories

IBS Recognizes Supremacy of Temenos, Named Top-Selling Banking Software

–  Temenos’ AI-powered cloud-native technology was recognized for its leadership in nine categories while it dominated just six categories last year .

–  Number 1 in the category of general banking systems for 16 consecutive years, i.e. more than twice the number of transactions of the supplier in 2 nd  position

– Number 1 in the category of digital banking channels and services for the 5 th  consecutive year, with 3 times more transactions than the competitor classified in 2 nd  position

–  Number 1 in the retail payments category for the 3 rd  consecutive year with three times more transactions than the competitor classified in 2 nd  position

–  Number 1 for neobanks and “challengers” banks with 17 more transactions than the publisher in 2 nd  position

–  Temenos also ranked among the regional leaders of the Americas, APAC, Europe , Middle East and Africa

Temenos, the publisher of banking software, outperforms all other competing companies. It has in fact just been recognized as the leading software supplier on the market with victories in nine categories. Its positioning is therefore strengthened compared to last year, when it was ranked leader in six categories. According to IBS Intelligence’s Sales League Table list  for 2021, Temenos ranks first in the categories of digital banking, general banking, retail payments and risk management. Temenos also ranked first in the new category of neobanks and “challengers” banks and also took first place in the category of Islamic banks.

Temenos was also named a regional leader in the Americas, APAC, Middle East – Africa and Europe . With The Temenos Banking Cloud, Explainable AI technology, and Temenos’ strong banking expertise, financial institutions can innovate in minutes and launch new products in days to achieve the industry’s fastest time to value.

Temenos has been named the best-selling general banking system for 16 years and the top-selling publisher of digital banking software for the fifth year in a row. For more than 27 years, Temenos has helped financial institutions improve banking services with technology that sets the benchmark for the rest of the industry.

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In this year’s Sales League Table, Temenos was a leader in nine categories, more than any other technology provider:

  • Number 1 in Digital Banking Channels and Services category with Temenos Infinity, signing 106 new named transactions
  • Best-selling first general banking system with Temenos Transact, guaranteeing 48 new named transactions
  • Number 1 as the publisher selling the most software for neobanks and “challengers” banks with nearly twice as many transactions as the publisher ranked in 2 nd position
  • Best-selling retail payment system, with 47 new named transactions
  • First risk management system with 84 new appointees transactions, five times more than the publisher classified 2 e position
  • Best Selling First Islamic / Universal (General) Banking System, With 5 New Transactions Named
  • Number 1 regional leader in the Americas region, including for signings with BCI , Itaú and BlueShore Financial institutions
  • Number 1 regional leader in the Middle East – Africa region, with new clients including Ahli Bank , STCPay , and Al Ain Finance
  • Number 1 regional leader in the APAC region, signing with Next Commercial Bank and with Virgin Money Australia
  • Regional leader in second position in Europe , signing with new clients such as Alpian , FlowBank , and ClearBank

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Max Chuard, CEO of Temenos, said: “It is a great honor to be recognized as the best-selling banking software publisher in more categories than any other company and in categories where the fiercest competition prevails. We are proud to improve banking services for 1.2 billion people every day, with customers like PayPal launching its Buy Now Pay Later, offering payment flexibility to consumers, Varo supporting 180 million Americans under- banked, and Komerční Banka, a subsidiary of Societe Generale, which has chosen Temenos to strengthen its leadership in the field of digital banking. Thanks to our relentless investment in innovation and our proven ability to meet our customers’ expectations, we have been ranked first or second for general banking systems for 22 consecutive years. In addition, we are also leading the way in payment categories and digital banking. This year’s Sales League Table roster reconfirms Temenos’ position as a major global player, and I want to thank our community of customers, partners and employees for working with Temenos to revolutionize the industry. ” employees for working with Temenos to revolutionize the industry. ” employees for working with Temenos to revolutionize the industry. ”

Robin Amlôt, editor-in-chief at IBS Intelligence, said:  “The banking industry operates in a difficult environment with strong competition from fintechs and ‘challengers’ banks who introduce disruptive technologies. Many banks were already in the process of transitioning from legacy systems to innovative solutions. COVID-19 has accelerated digitization. IBS Intelligence’s Sales League Table list is the leading global barometer of supplier performance and, in this difficult year, Temenos has maintained its top position in highly competitive categories and strengthened its leadership in verticals, ranking in # 1 in more categories than any other supplier. ”

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