About Temenos - The Banking Software Company Temenos was founded in 1993 in Geneva, Switzerland. From the outset it had a simple mission: to rid the banking industry of its legacy software. Ever since that time, Temenos has worked to make this mission a reality. It has invested more than USD1bn in developing great banking solutions. It has grown its product set from core banking to payments, wealth management, business analytics and channels, offering a comprehensive solution set to meet the industry’s needs. It has developed the largest network of partners in the industry to enable it to scale delivery, and Temenos has more than 1,600 installations in over 150 countries. The benefits of using modern software are clear. Temenos customers are more agile, able to offer more personalized products and services, to operate at lower unit costs, to react quicker to market opportunities and to manage risk better. Temenos customers enjoy stronger operating metrics than their peers: on average, a 42% higher return on capital, a 32% higher return on assets and an 8.1 point lower cost-to-income ratio than that of banks still running legacy software. Temenos is the clear leader in its market. In 2013, Temenos topped both the Forrester and IBS Intelligence league tables for sales of mission-critical banking software (See IBS Intelligence’s 2014 core banking systems league table and Forrester’s “Global Banking Platform Deals 2013”).