Temenos Reconfirmed as a Top Global Player and a Global Power Seller in 2019 Deals Report by Tier 1 Industry Analyst Firm

General News

Summary

The research firm also highlights that there is lot of market hype around ‘new school’ players, they “ may not be so transparent about their capabilities or their market impact.” Forrester cautions buyers that, “ established banking platform vendors tend to be more transparent than core banking fintechs when it comes to market success and solution capabilities.” Jost Hoppermann, Vice President and Principal Analyst, Forrester, wrote in the report: “ The need – and the time – for discussions is long gone: the transformation imperative in banking needs imminent execution. Our leadership is accelerating; we launched our cloud-native and cloud-agnostic products in 2019, we have the largest number of customers and the greatest scale and reach across the globe and we are leaving the competition behind, whether old or ‘new’ legacy vendors. It assesses both the volume and the geographical spread of banking platform sales to new and existing customers for 2018 deals. The research is published to guide decision-makers at financial institutions around the world in effectively evaluating the plethora of banking software solutions available. These new products further demonstrate a commitment to constant innovation, leveraging 25 years of functionality from 3,000 banks in more than 150 countries with the most advanced cloud-native, cloud-agnostic, API-first technology and design-led thinking.

Classifications

industries
Fintech & Banking
applications
Business Intelligence

AskAI Classifications

Labels
Financial Software Banking Software SaaS

Linked Companies

Temenos
$1B+