Temenos AG: Difference between revisions
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Revision as of 13:11, 17 May 2013
 | The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (April 2010) |
Temenos Group AG (SWX: TEMN) is a software company specializing in core banking systems.
Company profile
Founded in 1993 and listed on the Swiss Stock Exchange (SIX: TEMN), Temenos Group AG is a provider of banking software systems to retail, corporate, universal, private, Islamic and microfinance & community banks. Headquartered in Geneva and with more than 60 offices in 50 countries, Temenos serves over 1,000 financial institutions in more than 125 countries across the world.[1]
Temenos entered into merger talks with rival Misys in February 2012 after Misys failed to reach a deal with Fidelity.[2]
History
The company was started in London in 1993. Later the company was acquired by George Koukis and renamed Temenos, in reference to a lecture on Money given by Hans-Wolfgang Frick at the Temenos Academy[3] (1992). Temenos became therefore a Swiss company.[4]
2001: Temenos floated an IPO. It also acquired IRIS and introduced Temenos Core Banking (TCB)[5]
2006: Temenos makes strategic acquisition of TLC Risk Solutions.[6]
2007: Temenos expands German footprint with acquisition of ACTIS.BSP [7]
2008: Temenos acquires partner Informer Group.[8]
2008: Temenos acquired the London-based company Financial Objects Ltd in September 2008,[9]
2008: Temenos acquires Lydian-Associates[10]
2009: Temenos signed a partnership agreement with Cognizant[11]
2009: Temenos makes largest acquisition to date by acquiring French company Viveo.[12]
2010: Temenos signs further agreements with Deloitte and Capgemini.[13][14]
2010: Temenos acquires Odyssey Financial Technologies.[15]
2010: Inntron names Temenos as one of the Top 10 Core Banking System predictive vendors for Europe and Asia Pacific.[16]
2011: George Koukis steps down as Chairman and becomes a Non-executive director.[17]
2011: Andreas Andreades steps down as CEO and becomes Chairman.
2011: Guy Dubois takes over as new CEO.
2011: Temenos partner Wipro on core banking ASP offering for European Banks.[18]
2011: Temenos acquires Canadian Business Intelligence (BI) Provider Primisyn.[19]
2012: David Arnott is the new group CEO, Guy Dubois stepped down for personal reasons[20]
2012: Temenos Acquires edge IPK to Provide Customers with Leading User Experience Capabilities [21]
References
- ^ "Temenos serves over 1,000 financial institutions in more than 125 countries across the world". temenos.com.
- ^ Rahn, Cornelius; Browning, Jonathan (3 February 2012). "Misys In Talks Over Merger With Swiss Rival Temenos After Fidelity Failure". Bloomberg.
- ^ Temenosacademy.org
- ^ Koukis, George (19 April 2009), Graduation Speech, ESE London, retrieved 9 June 2010
- ^ "Temenos announces acquisition of IRIS; Temenos poised to capture lucrative tier 1 corebanking sector". Business Wire. findarticles.com. 2001.
- ^ [1]
- ^ [2]
- ^ [3]
- ^ "Temenos to acquire Financial Objects", Finextra, 3 July 2008, retrieved 9 June 2010
- ^ [4]
- ^ Finextra.com
- ^ "Temenos buys rival core vendor, Viveo", IBS Journal, 6 January 2010, retrieved 9 June 2010
- ^ IBSintelligence.com
- ^ Bobsguide.com
- ^ Odyssey-group.com
- ^ Inntron.com
- ^ http://www.temenos.com/Press-Releases/2011/Temenos-Group-announces-CEO-and-Chairman-succession-plans/
- ^ [5]
- ^ [6]
- ^ Finance Chief David Arnott Gets Promoted CFO Insight Magazine, Accessed 09/17/2012
- ^ [7]
External links