Software
Temenos expands Amazon partnership to offer banking SaaS
May 22, 2023
Temenos, an open banking platform provider, has expanded its partnership with Amazon Web Services to offer its core banking solutions as a software-as-a-service solution. In particular, banks will have access to its Banking Cloud, which can provide scalable secure solutions, according to a press release.
In 2022, Temenos deployed its onboarding and ordination digital banking solutions on AWS. With this expansion, banks will have access to other services which can help cut back on their carbon footprint and support environmental, social and governance goals by utilizing an offsite cloud solution.
"We see a tremendous growth in SaaS across all regions. We are pleased to extend our leadership in the cloud and strengthen our strategic collaboration with AWS, a leading cloud service provider," Prema Varadhan, president of product and COO, Temenos, said in the release. "We have over 700 clients live on Temenos Banking Cloud across five continents, covering over 30 regulatory jurisdictions, and we take a new bank live on our SaaS platform on average every 10 days. With this collaboration, we offer more choice to our customers and cement our commitment to our multi-cloud strategy, bolstering Temenos Banking Cloud's existing SaaS capabilities."
