Our story

We've been on a mission to reinvent banking since day one...

OUR VISION

To provide financial institutions, of any size, any sector, anywhere in the world, the solutions to thrive in the digital banking age.

We do this by combining the richest banking functionality and the most advanced technology to help our clients accelerate their digital transformation, giving them the freedom to innovate and deliver personalized experiences.

We are passionate about creating value for our clients and we are proud that our top-performing clients achieve industry-leading cost-income ratios of 25.2%, 2X better than the industry average.

With the largest global community of banks, fintechs, developers and partners, we are bound by the belief that working together will make banking better.

A clear sense of purpose

Temenos was founded by George Koukis on 16 November 1993 after he bought a relatively unknown piece of banking software. He always believed that you can’t have a well-functioning society without a strong financial system and that banks should focus on their core purpose (banking) and not on technology. With no standout software in the industry, we were set on a journey to revolutionise banking software.

The company is named Temenos after an ancient Greek word, and it means something sacred. When you have something of value, you put a wall around it, that wall is not called ‘wall’, it’s a Temenos. Our company name symbolizes our promise to build and protect the relationships we have with everyone who comes in contact with us, be it employees, clients, partners or suppliers.

Times have moved on a lot since the early days and today we’re a much bigger company but our mission to help banks across the world to perform better through our world-class software has remained.

We make a point of celebrating this clear sense of purpose on our anniversary, which falls on 16 November.

Watch an interview with our Executive Chairman, Andreas Andreades, recorded on our 25th anniversary

A growth mindset

We have achieved a lot in our 25+ years and today are recognised as the world’s No.1 banking software company. We're changemakers in our industry: over 1.2 billion people rely on Temenos for their banking needs and banks use our solutions to process 2.6 billion transactions every day. That means we're reaching 30% of the world's banking population.

But we’re ambitious to do more. The market opportunity – worth $60 billion – is huge, so it’s certainly an exciting time to be here!

Our people – who we call Temenosians – are driven by growth. Growth is all around us at Temenos, even in tough times. We see it in our business, in our clients’ business and in our individual career development. This is a dynamic and vibrant place to be.

Temenos facts

3,000 banks in 150 countries

1.2 billion end customers rely on Temenos software

Banks use our solutions to process 2.6 billion transactions every day

7,000 employees, 90 nationalities

61 offices across 38 countries

20% revenues invested in R&D, to keep us at the forefront of innovation

41 of the top 50 banks run Temenos