Temenos Recognized as a Leader in the IDC MarketScape for Digital Core – North America
Temenos named a Leader in the IDC MarketScape: North America Digital Core Banking Platforms 2024 Vendor Assessment.
Temenos is positioned in the Leaders category in the IDC MarketScape for North America Digital Core Banking Platforms 2024 Vendor Assessment.
The report discusses the evolution of the core banking market and provides an overview of Temenos’ digital core banking offering including its strengths.
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
According to IDC Vice President, Jerry Silva
The Temenos Core Banking solution portfolio is a digital, cloud-native, and cloud-agnostic composable microservices-based platform. The solution is positioned for banks to compose, extend, and deploy banking capabilities at scale via cloud. It can be deployed as SaaS should the bank want, or it can also be deployed on premises. […] Recent wins in the North American market make Temenos a viable alternative as a provider that has tenure and credibility in financial services globally.”
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Source: IDC MarketScape: North America Digital Core Banking Platforms 2024 Vendor Assessment; IDC Document Number #US50463523e