Temenos has announced that its founder, George Koukis has passed away.
George Koukis established Temenos on 16 November 1993 and the company has gone on to become one of the top private and retail banking software developers globally. George Koukis had been active in the software industry for more than 40 years, and was Chairman of the Board of Directors of Temenos until July 2011.
Having acquired the rights to GLOBUS, the successful banking software platform developed by a team of technical and banking experts in 1988, George Koukis and co-founder Kim Goodall rebranded the company to Temenos. Temenos went public in 2001 and is listed on the main segment of the SWX Swiss Exchange. In the same year, Temenos also acquired a mainframe core banking application which was originally developed by IBM and aimed at high-end retail banks which now marketed as Temenos Core Banking.
Temenos launched its T24 banking package in September 2003 after three years of development and in 2021 the company launched its collaborative fintech marketplace, Temenos Exchange.
Today, Temenos’ business operations span globally across the Middle East, Africa, Asia-Pacific, Europe, North America and Latin America and partners with some of the biggest banks, fintechs, payment providers and more in the world.
A visionary founder, George Koukis now holds a legacy that has a lasting effect on the global banking community.