Temenos, a banking software company based in Geneva, Switzerland with operations in parts of Africa, has become the first vendor to win ‘Best Digital Banking Solution’ accolade at the Banker Africa – North Africa Banking Awards. Previously the awards have only gone to banks, making this the first vendor-specific award.
Temenos was handed the prestigious prize in recognition of its market-leading digital banking software and continued dedication to the region.
This month marked a major milestone with the launch of Temenos Infinity, a breakthrough digital front office product, and Temenos T24 Transact, the next generation in core banking.
“These new products further demonstrate a commitment to constant innovation, leveraging 25 years of functionality from 3,000 banks in more than 150 countries with the most advanced cloud-native, cloud-agnostic, API-first technology and design-led thinking,” Temenos said following the announcement.
Winners of the awards, which are designed to celebrate innovation and the ability to gain market share, were decided by readers of CPI Financial – mid-management to senior board level members of banks and financial institutions – who submitted votes after experts from the publication compiled a shortlist.
“Temenos digital banking solutions empower banks to serve up the right customer insights at the right moment, via the right channel,” Temenos added in its statement.
The company stated that with Temenos digital banking software, banks are able to transform their customers’ experience, while overcoming long-standing barriers to investment. Temenos digital banking software serves more than 150 financial institutions in 35 countries across Africa.
The awards highlight all aspects of successful banking, from financial inclusion to corporate social responsibility, commercial operations, along with several individual accolades.
“The Banker Africa Awards program has become a valued and respected benchmark within the industry and Temenos should be proud that our readers have chosen them for this prestigious prize, which is a celebration of innovation in banking software,” said Banker Africa Editor, Matthew Amlot.
“This demonstrates the trust and respect for Temenos from the banking and finance community across the North African region,” he added.
Temenos Middle East and Africa Managing Directo, Jean-Paul Mergeai expressed satisfaction in the fact that Temenos is the first vendor to win the prestigious award.
“We are constantly striving to keep our market-leading digital banking software ahead of the curve and awards like this, which demonstrate that the market recognizes our efforts. Our strategy to invest 20 percent of our revenues on research and development every year is clearly paying off. This will enable us to continue providing the best technology for our clients to deliver engaging and empowering digital banking experiences to customers and staff,” he said.