Temenos: the world’s leader in banking software

The banking sector has now recovered from the financial crisis and has adapted to the new more stringent regulations in terms of capital requirements and compliance. However, it now has to adapt to technological change and to the world of open banking. This context creates huge opportunities for Temenos. The purpose of the company is to provide financial institutions the software to thrive in the digital banking age by delivering and supporting the world’s best packaged, upgradable and open banking software. To fulfill its growth potential, Temenos has to stay ahead of the competition. For this reason, the company invests over 20% of its sales in research and development. In addition to organic growth, the company plans to spend approximately 40% of its disposable cash for targeted acquisitions. The addressable market represents USD 57 billion whereas Temenos’ revenues in 2018 were USD 840 million. Therefore, the growth potential is huge and the company can achieve a double digit growth rate in the foreseeable future.