Swiss banking vendor Temenos has partnered with Orion Innovation to license and develop Temenos Country Model Banks for financial institutions in Ireland, Bulgaria, Hungary, and Slovakia, offering localized functionality and compliance solutions.
Facts
- Temenos has engaged Orion Innovation to license and develop Temenos Country Model Banks for financial institutions in Ireland, Bulgaria, Hungary, and Slovakia.
- Temenos Country Model Banks include a packaged model bank framework with a composable platform and Software-as-a-Service (SaaS) offerings on Temenos Banking Cloud to aid compliance with local regulations and practices at reduced costs.
- The partnership aims to create new growth opportunities with enhanced local functionality and service capability.
- Orion will invest in and develop localized regulatory and business-specific features to lower ownership costs and improve agility and speed to market.
- Ross Mallace, EVP and global head of SaaS and partner ecosystem at Temenos anticipates new opportunities for financial institutions in the target countries and technological advancement with Orion’s support.
- Orion’s EVP and global head of financial services, Anoop Gala, highlights their capabilities as a long-standing Temenos partner, expertise in modern platform architectures, and knowledge of local market practices and regulations.
- Orion, with a strong European presence and over 2,000 resources in the region, is well-positioned to assist clients in scaling and optimizing their businesses on the Temenos banking platform.
- Orion specializes in implementing services for Temenos’ core banking and digital banking solutions, with delivery centers in Bulgaria, Romania, and Serbia, along with regional offices in London and Dublin.
