TemenosTemenos operates a Software-as-a-Service (SaaS) business model, focusing on providing its core banking platform and other financial software solutions to banks and financial institutions in a subscription-based model.
Temenos boasts a diverse and impressive client base, serving over 700 banks across 150+ countries, impacting over 1.2 billion customers worldwide. This translates to roughly 20% of the world's banking population relying on Temenos solutions.
Some of their clients:
1. Large Banks: Renowned institutions like HSBC, Credit Suisse, Bank of Shanghai, ING, and Santander utilize Temenos' core banking platform.
2. Regional Banks: Temenos caters to numerous regional leaders such as Absa Group (South Africa), the Agricultural Bank of China, and Morgan Stanley.
3. Challenger Banks and FinTechs: Temenos empowers innovative players like Revolut and Starling Bank to disrupt the traditional banking landscape.
4. Community Banks and Credit Unions: Temenos offers solutions tailored to smaller institutions, supporting local communities and financial inclusion.
We will be looking for entries on pull-backs. A company worth accumulating in our portfolio.
