Temenos Completes Acquisition of Swiss Wealthtech Firm

Acquisitions

Summary

Temenos completed its acquisition of Swiss wealthtech firm additiv after first announcing the deal in early June. additiv will continue to operate as a stand-alone business under its founder-led management team. The company builds wealth technology for banks and wealth managers to design, launch, and manage digital investment offerings. Temenos says the acquisition strengthens its wealth management franchise and expands its AI-enabled orchestration capabilities across banking workflows. The combined platform should support more complex processes such as onboarding and product origination.

Classifications

industries
Fintech & Banking
applications
Business Intelligence

AskAI Classifications

Labels
Financial Software Banking Software SaaS

Linked Companies

Temenos
$1B+
Additiv
$10M to $25M