“Open source has always provided a number of benefits, including easing adoption costs, propagating a better understanding of the technology, and allowing for faster evolution and commercialization of products and services based on it,” noted Terry Woloszyn, Founder & CEO, Leeward Security Ltd., in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “This is clearly evident with the OpenStack and CloudStack,” Woloszyn continued, “and others that have been quickly commercialized as...| By PR Newswire | Article Rating: |
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| January 23, 2013 08:01 AM EST | Reads: |
148 |
GENEVA, January 23, 2013 /PRNewswire/ --
Temenos (SIX: TEMN), the market leading provider of banking software, today announces it has been awarded a 'top advisor solution' accolade in Aite Group's latest report 'European and Asia-Pacific Wealth Management Technology Players: Dec 2012'.
The report recognises Temenos as 'the most global of providers, with deployment in all major regions around the world, strong positions in both North American and European markets, and a growing presence in Asia.' It goes on to state that Temenos 'stands out as the vendor best placed to meet the mass-affluent wealth management technology needs for large financial institutions with multinational operations'.
Aite Group also recognised Temenos' recent acquisition of user experience platform (UXP) developer, edge IPK, as strengthening Temenos' 'ability to provide multichannel deployments, including online direct-to-consumer solutions and tablet applications for advisors and end clients'.
David Arnott, Temenos CEO, said: "Temenos is both excited by the market potential and strongly focused on the wealth management market. We have made significant investments - including the acquisition of edge IPK to boost our multichannel capabilities - to ensure that our PWM solutions stay ahead of the rest of the market and, as such, it is great to receive this recognition from Aite Group. We are confident that our proposition for the PWM market is unbeatable: a complete portfolio of open, integrated and best-in-class solutions which help our customers to prosper in an era of tougher regulations, stronger competition and more exacting customer requirements."
Sophie Schmitt, Aite Group, Senior Analyst and co-author of the report, commented: "In addition to the firm's global reach and integrated wealth management platform, Temenos also offers best-in-class client onboarding and financial planning capabilities through partnerships with Appway, PlanPlus and NaviPlan. Advisors and relationship managers using Temenos' suite of capabilities are well positioned to provide the differentiated client experience which engenders strong and enduring client relationships."
About Temenos
Founded in 1993 and listed on the Swiss Stock Exchange (SIX: TEMN), Temenos Group AG is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions. Headquartered in Geneva with more than 55 offices worldwide, Temenos software is proven in over 1,500 customer deployments in more than 125 countries across the world. Temenos' products provide advanced technology and rich functionality, incorporating best practice processes that leverage Temenos' expertise around the globe. Temenos customers are proven to be more profitable than their peers: in the period 2008-2010, Temenos customers enjoyed on average a 30% higher return on assets, a 46% higher return on capital and an 8.5 percentage point lower cost/income ratio than banks running legacy applications.
For more information please visit http://www.temenos.com
Temenos contacts:
Ben Robinson
Director of Strategy and Marketing
Tel: +41-22-708-15 35
Email: brobinson@temenos.com
Andrew Smith
Head of Investor Relations
Tel: +44(0)207-423-3713
Email: asmith@temenos.com
Michael Golding
Head of Communications
Tel: +44(0)207-423-3751
Email: mgolding@temenos.com
Dee Burke
Hotwire for Temenos
Tel: +44(0)207-608-8350
Email: temenos@hotwirepr.com
SOURCE Temenos
Published January 23, 2013 Reads 148
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New, "Super-Sized" 4-Day Cloud Computing Bootcamp is a brief introduction to cloud computing carefully created and devised to help you keep up with evolving trends like Big Data, PaaS, APIs, Mobile, Social and Data Analytics. Solutions built around these topics require a sound cloud computing infrastructure to be successful while assisting customers harvest real benefits from this transformational change that is happening in the IT ecosystem.
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In their session at the 12th International Cloud Expo, Chris Haddad, VP of Technology Ev...
“Trust is an ongoing journey and sits at the foundation of any vendor relationship – the companies that don’t consistently earn trust won’t be around long,” noted Henrik Rosendahl, Senior VP of Cloud Solutions at Quantum, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “As they do more with cloud, trust will organically grow – maybe it’s just about meeting SLAs or seeing firsthand that data is there when you need it,” Rosendahl continued.
Cloud Computing Journal: The move ...
Cloud enables SMBs to access new, scalable resources – previously only available to enterprises – in flexible and cost-effective ways. McKinsey’s SMB Cloud Report projects the public cloud market to reach $40-$50 billion by 2015, with SMBs comprising 65% of public cloud spending in 2015. But selling cloud to SMBs raises the questions of who, what and how.
In this session Manjula Talreja, VP of Cisco’s Global Cloud Business Development Team, will discuss the importance of knowing who SMB...
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Our more interconnected planet is accelerating the adoption and convergence of next-generation architectures, in the form of cloud, mobile and instrumented physical assets. Organizations that can effectively balance optimization and innovation, will be in a position to leverage new systems of engagement, out maneuver their peers and achieve desired outcomes. In the Opening Keynote at 12th Cloud Expo | Cloud Expo New York, IBM GM & Next Generation Platform CTO Dr Danny Sabbah will detail the crit...
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