Temenos

670 results about this entity

Period: 27 Mar 2007 - 19 Nov 2024

Apply Cancel
Temenos reports mixed Q2

Temenos reports mixed Q2

Swiss core banking systems vendor Temenos has reported a mixed bag of second quarter results, with total revenue up 32% but net profit dropping to US$6.3 million, compared to US$8.8 million a year ago. Despite this the vendor has raised its 2007 revenue outlook for the second time this year.

Temenos signs Vietnam's An Binh Bank to T24

Temenos signs Vietnam's An Binh Bank to T24

Vietnam's An Binh Bank is implementing the T24 platform from Geneva-based Temenos to centralise core banking processes across its retail and corporate banking operations.

Finextra50 rises to 101.67

Finextra50 rises to 101.67

Last week saw steady gains among the majority of Finextra50 stocks as the index rose 1.87% to 101.67. The recovery of European markets after the previous week's drop contributed to the rise. Simcorp, Temenos and Cognizant saw the biggest gains while shares in Microgen and Fidessa fell. Comparison of the Finextra50 index performance since the start of May against key global indices shows the financial technology sector outperforming the S&P1200 Global Financial Sector index and matching the FTSE 100 and FTSE Euro 100.

Finextra50 dips to 99.76

Finextra50 dips to 99.76

The Finextra50 Financial Technology Index continues its fortnightly yo-yo pattern, ending last week down 2.6% to close at 99.76, mainly driven by falls in European markets and several key US constituents. iFlex and Mphasis in India benefited from currency movements and takeover speculation, and in the US eFunds also rose on news that a hedge fund has taken a 6.8% stake in the company. Total System Services, Online Resources, Ingenico, Wincor Nixdorf and Temenos all saw their shares fall.

Kenya Commercial Bank selects Temenos T24 for banking systems overhaul

Kenya Commercial Bank selects Temenos T24 for banking systems overhaul

Kenya Commercial Bank (KCB) is implementing Temenos's modular core banking platform, T24, to support its wealth management unit and retail, corporate and Islamic banking operations.

Finextra launches Finextra50 fintech index

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

Temenos reports strong first quarter; increases outlook for 2007

Temenos reports strong first quarter; increases outlook for 2007

Swiss banking systems vendor Temenos is reporting $60.3 million in revenues for the first quarter of 2007, up 64% on Q1 2006. As a result of this and recent acquisitions and distribution deals, it has raised its revenue outlook for 2007 from $270 million to $290 million.

SMBC moves to Temenos T24 for Asia Pacific business

SMBC moves to Temenos T24 for Asia Pacific business

Sumitomo Mitsui Banking Corporation (SMBC) is to install the T24 core banking platform from Geneva-based Temenos in all 13 of its Asia Pacific branches across seven countries.

Temenos signs BankMuscat to T24

Temenos signs BankMuscat to T24

Oman-based BankMuscat is deploying the T24 core banking system from Swiss vendor Temenos to replace its legacy retail and corporate banking platforms.

Temenos targets Misys' Midas customers with T24 Model Bank

Temenos targets Misys' Midas customers with T24 Model Bank

Swiss banking systems firm Temenos is looking to capitalise on Misys' new product strategy by targeting customers that will soon have to upgrade to the UK vendor's BankFusion platform.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept