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Temenos has stated that its essential banking solutions will now be delivered as Software-as-a-Service due to the integration of Amazon Web Services. With this, it will offer various choices to customers because the Temenos Banking Cloud has become one of the most comprehensive SaaS solutions that covers the wide range of governance requirements, certifications, data standards, etc.

Running the Temenos Banking Cloud on AWS will help commercial and private banks, retailers, etc., to gain better agility, improve performance, and enhance security.

The collaboration AWS will also help in increasing the availability of the Temenos Banking Cloud services globally with scalable banking services. Temenos is using AWS to deliver high availability across regions and collect data sovereignty requirements without any costly on-site infrastructure.

Temenos and AWS collaborated in 2019 for integrating Temenos open platform to AWS which has helped them in achieving success with its banking customers.

In 2022, it made its onboarding and digital banking solutions available for tier 1 banks to assist them in providing innovative solutions. Further, this collaboration has also developed a way for innovation with its Temenos partners like Yugabyte and MongoDB to help banks scale their business.

The integration of services with AWS is also assisting banks in reducing the carbon footprint and achieving their environmental and social goals as compared to the on-premises deployment.

Yves Dupuy, Leader of Financial Services Industry Solutions, AWS, stated, “Leveraging the reliability, flexibility, and scalability of AWS, Temenos can deliver high performance and enhanced value through its composable, cloud banking services, supporting leading financial services institutions in their transformation journey to provide enhanced customer experience and become more sustainable businesses.”